Block Grant 12B2NYLIE2

This $3 million EDA Project Grant funds Launch New York, Inc.'s Launch NY #InvestLocal Scale Up project. The project aims to identify, support, and invest in high-growth, scalable companies that can transform the local economy through job and wealth creation in 27 upstate New York counties. It will optimize follow-on capital investments to 80 existing portfolio companies and make new first-time investments. The project will advance Launch NY's financing programs, including recapitalizing its...

Launch New York, Inc. received a $1.5 million Project Grant award from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program. The grant will support Launch New York's FAST FORWARD FOR TECH-DRIVEN STARTUPS initiative, which is designed to help seed-stage companies progress to market entry and expansion. As the sole venture development organization serving 27 counties in Western New York, Launch New York will introduce the FAST FORWARD...

This $7.99 million project grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program will fund the Clean Fight NY initiative to strengthen New York's clean energy sector. Clean Fight NY will help address structural barriers facing growth-stage clean energy companies in New York through formalizing an adoption ecosystem that maximizes regional clean energy, customer, and capital assets. Specifically, Clean Fight NY will scale its core accelerator program...

Leviticus 25:23 Alternative Fund Inc. received a $1,826,265 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The award period is from June 15, 2021 through December 31, 2023. The CDFI RRP grant will support the Alternative Fund's ability to respond to the economic impacts of the coronavirus pandemic by providing $1.8 million in loans and financial assistance...

The Economic Development Administration awarded a $3.27 million Project Grant to Social Entrepreneurs of New Orleans Inc., doing business as Propeller: A Force for Social Innovation, to scale venture capital investments that support minority-owned businesses through the BUILD TO SCALE federal grant program (CFDA 11.024). Over a three-year period, Propeller and its partner New Orleans Startup Fund will build capacity for due diligence, fundraising, and technical assistance to grow their initial...

Federal Cooperative Agreement Award Summary Lawrence Economic Development Corporation received a $406,136.28 Cooperative Agreement from the Office of the Secretary of Defense under the Procurement Technical Assistance For Business Firms program (CFDA 12.002) to establish and maintain an APEX (Accelerator for Procurement Excellence) Accelerator center serving South Point, Ohio and the surrounding region. The award, effective May 8, 2025, through March 31, 2026, funds the delivery of free,...

Federal Grant Award Summary The Research Foundation of The City University of New York (RFCUNY), operating as Lehman College, received a $2.3M Project Grant from the Department of Education's Office of Postsecondary Education under the Gaining Early Awareness and Readiness for Undergraduate Programs (GEAR UP, CFDA 84.334) for the period October 1, 2025 through September 30, 2026. The Bronx GEAR UP INSPIRES (Impactful New Strategies for Persistence, Improvement, Resilience, and Engagement for...

Launchbio, Inc. was awarded a $2,154,628 Project Grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) to transform North Texas into a globally recognized entrepreneurial ecosystem for life science innovation. Over a three-year period ending September 2024, Launchbio will leverage existing resources and coordinate partnerships across the region to propel startup development. Key deliverables include a minimum of 100...

This $1.4 million Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program funds the Southern California Venture Pipeline (SVP) Capital Fund Development Project. The Alliance for Southern California Innovation will review startup applications, vet companies, and forward qualified deals to an evaluator panel. Roughly 75% of applicants will need mentorship to prepare for future funding rounds. Startups selected by the panel will pitch to a...

This $3.2 million project grant from the Department of Commerce's Economic Development Administration funds the Upstate NY Capital Gap Angel Fund. The grant supports the launch of a new seed fund to expand venture capital investment and mentorship opportunities for underserved entrepreneurs across upstate New York. The awardee, Excell Partners, Inc., will use the three-year grant to attract follow-on capital for portfolio companies by mentoring ventures. Once implemented, the Upstate NY...