Project Grant ED15HDQ0200027

This $4.7 million Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program funds the Scale Up New Mexico project led by New Mexico State University's Arrowhead Center. The grant supports expanding the Center's existing innovation and commercialization programming for New Mexico startups over three years from November 2022 to October 2025. Key services include accelerators to help technology startups with commercial potential through activities...

This $2.8 million Economic Development Administration project grant funds the University of New Mexico-Taos Hive Pollinator: All Hands-on Tech program. The program aims to build an entrepreneurial ecosystem in northern New Mexico by supporting at least 20 new technology startups through three main activities. First, it will create Taos-targeted content to inspire and foster tech entrepreneurship. Second, it will support a knowledge sharing and mentorship program for the local tech ecosystem....

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...

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 $1.2 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...

The Department of Commerce Economic Development Administration (EDA) awarded New Mexico State University (NMSU) a $487,500 project grant under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300) on September 12, 2022. The funding will support critical infrastructure improvements at NMSU's Arrowhead Park in Las Cruces, New Mexico to attract businesses in media, healthcare, and aerospace industries. Specifically, the university will use the grant to construct...

VBOC 2025-2026 New Mexico VBOC Project Grant Summary The Small Business Administration (SBA) Office of Veterans Business Development awarded $350,000 to the New Mexico Department of Veterans' Services through the Veterans Outreach Program (CFDA 59.044) for the period of May 1, 2025, through April 30, 2026. This project grant supports the operation of Veterans Business Outreach Centers (VBOCs) located in Santa Fe and Agua Fria, New Mexico, providing comprehensive entrepreneurship training and...

New Mexico Community Capital (NMCC) will leverage partnerships to provide technology training and access to online markets for Native-owned enterprises in central and northern New Mexico under a $1,391,374.60 Project Grant from the Department of Commerce Economic Development Administration (EDA). Specifically, NMCC will implement a three-tier entrepreneurial support strategy utilizing $1.39 million in EDA funding provided under the Economic Adjustment Assistance (EAA) program. Over an 18-month...

The VelocityTX Innovation Center (VTX) will scale its bio and health technology accelerator and incubator programs through this $1.546 million project grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program. VTX will bring five new cohorts totaling 38 companies through its BioGlobal Accelerator and achieve maximum 20-company capacity in its incubator. By the end of the three-year period of performance concluding September 2024,...

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...