Project Grant ED16HDQ0200024

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 $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 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 $3,060,344 Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program funds the Stitchcrew Vest Her Ventures project. The project establishes one of Oklahoma's first accelerators to connect traditionally overlooked entrepreneurs with capital, networks, and resources needed to build and scale companies. It provides executive coaching to over 100 members annually and uses its extended network as a talent bank and trusted pipeline. Stitchcrew and...

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 National Science Foundation (NSF) Project Grant award, funded under the NSF Technology, Innovation, and Partnerships program (CFDA 47.084), provides $4,985,809 to develop a comprehensive entrepreneurship training program. The goal is to equip academic researchers with the knowledge and skills needed to successfully launch startups to commercialize their university-developed technologies, particularly in regions lacking these resources. The program will build on the NSF I-Corps customer...

The Center for Advancing Innovation, Inc. was awarded a $2.49 million project grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) to launch the Global Health Innovation Challenge. Over three years, the Center will source and launch over 60 high-growth startups in the Washington D.C. metro area to address global health threats using technology. The startups will focus on preventing, diagnosing, treating and...

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 $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 University of California Office of the President was awarded a $2.7 million project grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program to establish the Vine Center. The Vine Center will develop new technologies and workforce training programs to strengthen communities and rural and urban economies in California impacted by COVID-19. It will focus on commercializing innovations in food safety, water and chemical use reduction,...