Project Grant 087905585

Award Date 3/31/22
Completion Date Not listed
Dollars Obligated $625K
Federal Grant Program
11.307
Assistance Type
Project Grant
Place of Performance
New Orleans, LA 70130, USA
Similar Awards
The New Orleans Business Alliance was awarded a $505,428 Project Grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program. The grant will support the Resilient Corridors Initiative, an approach to developing an entrepreneurial and COVID-19 resilient New Orleans economy through May 2023. As part of the Initiative, the Alliance will deliver technical assistance, planning services, and coordination to strengthen economic resilience...
This $4.8 million Economic Development Administration project grant funds the New Orleans Startup Fund Inc. to launch the Diversifying and Expanding the Entrepreneurship Pipeline in Technology in New Orleans initiative through September 2025. The Startup Fund will enhance its portfolio management capacity and deliver customized technical assistance to over 100 women- and minority-owned technology entrepreneurs to help them progress from pre-seed funding to venture capital rounds and exits. It...
The Greater New Orleans Development Foundation (GONDF) received a $937,500 project grant award from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (EAA) program. The award will support GONDF's GNOPIVOT 2.0 initiative through July 2023. As part of the EAA program's mission to aid regions facing adverse economic changes, the grant funding will allow GONDF to provide technical assistance, planning services, and support public works...
The New Orleans Bioinnovation Center, Inc. received a $499,983 Project Grant award from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program. The grant supports the Gulf Coast Health Sciences Corridor coalition led by the Center, which aims to transform the New Orleans and Baton Rouge region of Louisiana into a national leader in health sciences. Key services provided through the funding include specialized workforce development programs...
The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $1.67 million Project Grant under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300) on July 8, 2021 to the New Orleans Business Alliance. The funding will support the development of wet lab space and a clean room in the University of New Orleans Research and Technology Park. These biotech labs will be part of an information technology center located in the park. The...
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...
The Research Park Corporation received a $1.125 million project grant award from the Department of Commerce Economic Development Administration on May 24, 2022. The funding supports the Ignition Accelerator and Venture Capital Assistance Program to develop tech-based startups across Louisiana's Capital Region. Through this program, the Research Park Corporation will provide technical assistance, planning support, and outreach to underserved communities and businesses to help address the lack...
The Department of Commerce Economic Development Administration (EDA) awarded a $4.8 million Project Grant to the University of Louisiana at Lafayette under the Economic Adjustment Assistance (EAA) program. The grant supports the H2theFuture Coalition led by the Greater New Orleans Development Foundation to boost the clean energy sector in New Orleans through transitioning the regional hydrogen energy sector. Coalition projects funded under the award include supporting a central campus to connect...
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 Delta Regional Authority (DRA) awarded a $450,000 Project Grant under the Delta Area Economic Development (CFDA 90.201) program to the Nola Business Alliance (NOLABA), a non-profit economic development organization, to expand access to equitable opportunities in green infrastructure in New Orleans. The grant funding will support NOLABA's efforts to promote economic growth and resilience in the New Orleans region, including developing crucial biotech facilities and lab space, delivering...

The Department of Commerce Economic Development Administration (EDA) awarded a $625,000 Project Grant to The Idea Village, Inc. under the Economic Adjustment Assistance (EAA) program to develop a pipeline of startup activity across the New Orleans region. Funded activities will position New Orleans, particularly Opportunity Zones in downtown, as an innovation hub by empowering founders from diverse backgrounds to build technology-based businesses. This aims to help the local economy recover more quickly from the coronavirus pandemic and Hurricane Ida by diversifying the economy, promoting sustainability, and expanding job opportunities throughout the region. Completion of the project will strengthen New Orleans' long-term economic resilience.

Generated 1/6/24, 5:28 PM