Project Grant 067905680

The Department of Commerce Economic Development Administration (EDA) awarded a $325,000 Project Grant to the Rockies Venture Institute under the Economic Adjustment Assistance (EAA) program. The grant will support the creation of a business accelerator program in Denver, Colorado to expand access to startup mentorship and services. The program includes four main elements: three hyper accelerators to provide intensive mentorship to startups, a monthly pitch academy to help entrepreneurs refine...

The Department of Commerce Economic Development Administration (EDA) awarded a $1.5 million Project Grant to Innovate Mississippi under the BUILD TO SCALE federal grant program (CFDA 11.024) to develop the statewide ecosystem through the COBuilders Accelerator Project. The grant will fund a coordinated virtual accelerator unlocking resources like mentors, service providers, and investment capital across underrepresented regions in Mississippi. Over a 24-month period starting November 1, 2022,...

The Green Bay Accelerator Program Project received a $1.87 million Project Grant award from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024). The funding will support coordinating resources, connecting people and businesses, and creating an environment to foster innovation, technology commercialization, and entrepreneurial activity across the Greater Green Bay, Wisconsin region through October 2025. Specifically, the...

The $749,216 project grant award from the Department of Commerce Economic Development Administration's BUILD TO SCALE federal grant program will fund the launch and operation of a new 50,000 square foot business incubator and accelerator space in Tulsa, Oklahoma. The incubator will provide access to mentoring, seed and early-stage investment, office and meeting space, and resources to support new business formation and job growth in technology and innovation. Key services include increasing...

Nextcorps Inc. was awarded a $984,612 project grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program (CFDA 11.307) to deliver a software startup accelerator for non-technical founders in Rochester, NY from May 2021 through October 2022. The EAA program provides technical and planning assistance to regions experiencing adverse economic changes, which this award will do by supporting entrepreneurs through an accelerator program...

The Economic Development Administration awarded a $3,012,888 Project Grant to the Leon County Research & Development Authority to launch the North Florida Innovation Labs Technology Accelerator. Under the BUILD TO SCALE federal grant program (CFDA #11.024), which supports the development of technology-focused business ecosystems, the funding will provide programmatic and operational support from November 1, 2022 to October 31, 2025. Specifically, the grant combines a technology-focused...

This $2.26 million project grant from the Department of Commerce's Economic Development Administration funds the Capital Gravity Arizona: Startup and Innovation Ecosystem Capital Accelerator Program. Delivered by Next Foundation, the program aims to create Capital Gravity Arizona, a transformational capital accelerator for Arizona's startup and innovation ecosystems. Key services include welcome programming, pipeline access, diverse learning communities, and innovation ecosystems for each cohort...

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 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....

This $1.2 million project grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program will fund the Diversify-Connect-Fund Project to support the entrepreneurial ecosystem in Greater Charlottesville, Virginia. The two-year project aims to improve outcomes for underrepresented startup founders and investors. Key services include an Angel Academy program modeled after an accelerator to provide outreach, recruitment, selection and six-to-eight week training...