The Department of Commerce Economic Development Administration awarded Innovation Works $8 million under the BUILD TO SCALE federal grant program (CFDA 11.024) to implement the Scaling Networks in Southwestern Pennsylvania Project from November 1, 2022 to October 31, 2025. The project aims to deepen, strengthen and cross-pollinate networks of mentors, corporate partners, investors and supply chain partners to more scalably deliver entrepreneurial services to startups in the region. Key...
This $3 million Economic Development Administration (EDA) Project Grant funds the Pacific Northwest Scalable Technology Startup Business Capital Fund Development Project administered as a strategic partnership between Regional Accelerator & Innovation Network (Rain Catalysts) and the Portland Seed Fund. The project aims to elevate and invest in scalable technology startups led primarily by Pacific Northwest women and Black, Indigenous, and People of Color (BIPOC) founders through Rain...
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...
The Center for Advancing Innovation, Inc. was awarded a $2.49 million project grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) to launch the Global Health Innovation Challenge. Over three years, the Center will source and launch over 60 high-growth startups in the Washington D.C. metro area to address global health threats using technology. The startups will focus on preventing, diagnosing, treating and...
The Donald Danforth Plant Science Center was awarded a $2.98 million project grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA #11.024) to create the Center for Agtech and Applied Location Science and Technology (CATALST). The three-year award beginning in October 2021 will support the development of precision agriculture technologies by leveraging the St. Louis region's expertise in agtech and location science....
The Economic Development Administration awarded Cornell University a $824,603 Project Grant under the BUILD TO SCALE federal grant program. The grant will fund the BRV Investor Network, which will serve as an upstate-downstate bridge to screen and connect scalable New York startups with investors from the global venture capital community. Specifically, the Network will deliver three functions to increase capital flows to seed and early-stage startups in New York. First, it will serve as an...
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...
The South Carolina State-Wide Investment Accelerator Project will receive $2.1 million from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) from November 2022 through October 2025. The funding will support organizing, launching and operating a statewide investment accelerator program with stakeholders to identify an accelerator contractor, recruit and deliver programming twice annually for early-stage startup cohorts,...
The Emerging Prairie Agriculture Technology Venture Capital Fund, awarded $449,405 by the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024), aims to support North Dakota's agriculture technology industry through venture capital investment. The Fund will invest an initial $5M in seed-stage North Dakota agtech startups over the three-year period from October 2021 through September 2024. This will provide much-needed access to...
This Cooperative Agreement award from the National Science Foundation (NSF) Technology, Innovation, and Partnerships (TIP) program (CFDA 47.084) provides $1,000,000 to Semergytech, Inc., a small business based in Arlington, Texas. The funding supports the development and commercialization of high-speed, high-power, single-mode photonic crystal surface emitting lasers (PCSELs). The project aims to address current limitations in semiconductor laser technologies by creating a disruptive PCSEL...