Project Grant ED22HDQ3070070
- This $12 million cooperative agreement from the Department of Commerce Economic Development Administration supports the Research Triangle Institute and its sub-awardee, the State Science and Technology Institute, in establishing a national Community of Practice for recipients of the Build Back Better Regional Challenge grants. Over a five-year period from July 2022 through December 2026, the awardees will provide an economic development planning framework and technical assistance to Phase 1...
- The New Orleans Business Alliance (NOLABA) will receive $800,000 through September 2024 under a Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE federal grant program. NOLABA will establish the OurNOLA Fund, a $10 million equity-based investment fund to democratize investment access for millennials, Black, Indigenous, and people of color. The Fund will appeal nationally to non-accredited investors to invest minimum amounts of $500 each,...
- The National Association of Counties Research Foundation (NACORF) will implement the Building Resilient Economies in Coal Communities Community of Practice initiative through this $8.06 million cooperative agreement award from the Department of Commerce's Economic Development Administration (EDA). The three-year initiative aims to create and facilitate a national peer-learning, capacity-building, and resource-sharing network for coal-reliant communities seeking to diversify and grow their...
- The Economic Development Administration awarded a $2.17 million Project Grant to Vilcap, Inc. to develop lasting investment infrastructure for technology startups led by founders of color in the Southeast region of the United States. Under the Resource Invests initiative funded through the agency's BUILD TO SCALE program (CFDA #11.024), Vilcap will work with the Black Innovation Alliance from November 2022 to April 2024 to launch infrastructure and a replicable model to improve...
- This $10.8 million cooperative agreement from the Department of Commerce Economic Development Administration supports the National Association of Development Organizations Research Foundation and its sub-awardees to establish a formal Economic Development District Community of Practice over five years. The National Association of Development Organizations Research Foundation will organize, manage, and promote the Community of Practice in partnership with the National Association of Regional...
- The Department of Commerce Economic Development Administration awarded a $790,020 project grant to the Institute For Local Self-Reliance, Inc. to improve the capacity of revolving loan fund CARES Act recipients to deploy capital with an emphasis on improving access to loans for diverse business owners. Under the Economic Development Technical Assistance federal grant program, the Institute For Local Self-Reliance will provide technical assistance to revolving loan fund recipients from July 1,...
- The Black Economic Development Coalition, Inc., doing business as Black Economic Development COA, was awarded a $613,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant will support the Coalition's ability to respond to the economic impacts of the coronavirus pandemic by preparing for and delivering financial and other services to communities in need from...
- The Department of Commerce Economic Development Administration awarded a $3 million Project Grant to the Cincinnati USA Regional Chamber through September 2024 under the BUILD TO SCALE federal grant program (CFDA 11.024). The grant will support the Chamber's accelerator program to advance the development of sizeable minority-owned businesses. Key services to be delivered include comprehensive business assessments and growth plans with detailed financial projections and capital needs assessments....
- The Department of Commerce Economic Development Administration (EDA) awarded a $1,885,535 Project Grant to Lowcountry Local First under the Economic Adjustment Assistance (EAA) program. The grant will support Lowcountry Local First's Good Growth Program expansion efforts to establish equitable small business development and resiliency programming for Charleston, Berkeley, and Beaufort counties in South Carolina. Specifically, the EDA investment will help Lowcountry Local First broaden the...
- This $6,021,480 project grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program will fund the Village to Venture: EDA Build to Scale Venture Challenge. Through a partnership between Southwestern Community College, the University of San Diego, and the Connect Foundation, this project will support underrepresented entrepreneurs in the San Diego region in accessing traditional capital sources and creating new jobs. Specifically, the partnership will...
THIS EDA INVESTMENT SUPPORTS BUILD BACK BETTER REGIONAL CHALLENGE (BBBRC) GRANTEES AS THEY PURSUE BBBRC PHASE 2 FUNDING AND LOOK TO IMPLEMENT LONGER TERM EQUITABLE ECONOMIC GROWTH. THROUGH THIS COMMUNITY OF PRACTICE, THE NATIONAL LEAGUE OF CITIES, INC. COALITION, HOPES TO DRIVE LONG-TERM, EQUITABLE ECONOMIC GROWTH, WITH TRANSFORMATIVE OUTCOMES, PRIORITIZING HISTORICALLY UNDERSERVED POPULATIONS AND AREAS ACROSS THE COUNTRY. THIS PROJECT WILL HELP LAUNCH A NETWORK OF PRACTICE AMONG PHASE 1 GRANTEES; HELP TO ENSURE PHASE 1 GRANTEES HAVE BOTH GENERAL AND INDIVIDUALIZED, PROJECT-SPECIFIC TECHNICAL ASSISTANCE; AND CONNECT SIGNIFICANT FOLLOW-ON RESOURCES FROM ALIGNED FEDERAL AGENCIES AND PHILANTHROPY TO SUPPORT THE BBBRC APPLICANT COMMUNITY, AND WORK WITH APPLICANTS TO TAP INTO THESE RESOURCES.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | 0$ | 10/7/23 | ||
| Not listed | ($300k) | 8/29/22 | ||
| Not listed | ($300k) | 8/29/22 | ||
| Not listed | $3.3m | 12/18/21 |