Project Grant ARC23C20977

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...

The Department of Commerce Economic Development Administration (EDA) awarded a $3.876 million project grant under the Economic Adjustment Assistance (EAA) program to the Watermark Auto Group Foundation. The funding will support renovating a 21,000 square foot building known as the Citadel in Marion, Illinois to create the Ethos Business Incubator. The incubator will provide small business training and services as well as leasable space for small businesses and entrepreneurs. This will boost...

This $846,800 Project Grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program supports the County of Huerfano, Colorado in establishing a pop-up retail business incubator and maker program in Walsenburg, Colorado. The incubator will offer selected participants business development services, access to a fabrication workspace, and an online marketplace to launch and test physical and online retail concepts from idea through business...

The Department of Commerce Economic Development Administration (EDA) awarded the City of Akron $2.65 million under the Economic Adjustment Assistance (EAA) program to expand and renovate over 20,000 square feet of unused space for the Bounce Innovation Hub. The funding will support upgrading business incubation facilities in Akron, Ohio through May 2025. Specifically, the award will help double the space available for start-ups and entrepreneurs at the Bounce Innovation Hub. Renovations will...

The Small Business Administration's Office of the Chief Operating Officer awarded a $312,744 Project Grant to Youngstown Edison Incubator Corporation, doing business as Youngstown Business Incubator, to support entrepreneurship and small business development initiatives from September 1, 2022 through February 28, 2025. The grant funding will support the awardee's efforts under the Congressional Grants program (CFDA #59.059), which provides funding for small business development and...

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...

This $870,657 project grant from the Department of Commerce Economic Development Administration supports the Catalyst Campus for Technology and Innovation in creating a technology business accelerator program in Ogden, Utah. The accelerator program will provide training and support services to entrepreneurs in the defense and aerospace industries, with the goal of boosting business growth and job creation in the region. Funded through the EDA's Economic Adjustment Assistance program (CFDA...

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...

This $2.5 million Project Grant from the Small Business Administration's Office of Entrepreneurial Development through the Community Navigator Pilot Program (CFDA #59.077) will fund business support services for underserved small businesses in Miami-Dade County, Florida from December 2021 through November 2023. As the prime awardee, Florida International University will coordinate services delivered by six sub-awardees. The sub-awardees—Ascendus, Branches, the Miami-Dade Chamber of Commerce...

This $3.874 million Project Grant from the Department of Commerce Economic Development Administration's Investments for Public Works and Economic Development Facilities program will fund construction of the 45,000 square foot Tampa Bay Innovation Center incubator in Belleair, Florida. The incubator aims to support economic diversification and resilience in Pinellas County following employment losses in the industrial sector from Hurricane Irma by facilitating private sector job creation and...