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...
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...
The University of Maryland, College Park will launch the UMD Terrapin Fund to provide early-stage risk capital and entrepreneurial support services to University-affiliated startups through September 2024. Funded by a $667,527 Project Grant from the Department of Commerce's Economic Development Administration under the BUILD TO SCALE program, the UMD Terrapin Fund aims to accelerate the commercial success of startup companies emerging from the University's innovation ecosystem. The Fund will...
The Department of Commerce Economic Development Administration awarded Innovation Works $8 million under the BUILD TO SCALE federal grant program (CFDA 11.024) to implement the Scaling Networks in Southwestern Pennsylvania Project from November 1, 2022 to October 31, 2025. The project aims to deepen, strengthen and cross-pollinate networks of mentors, corporate partners, investors and supply chain partners to more scalably deliver entrepreneurial services to startups in the region. Key...
This $400,000 Project Grant awarded by the National Science Foundation (NSF) under the NSF Technology, Innovation, and Partnerships (CFDA 47.084) program supports a multi-institution collaborative effort to develop a research and innovation ecosystem that leverages external partnerships to shape the STEM talent pipeline and workforce development. The "LIGHT UP" collaborative, comprised of six higher education institutions in the Mid-Atlantic and Northeast regions, aims to establish a...
Launch New York, Inc. received a $1.5 million Project Grant award from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program. The grant will support Launch New York's FAST FORWARD FOR TECH-DRIVEN STARTUPS initiative, which is designed to help seed-stage companies progress to market entry and expansion. As the sole venture development organization serving 27 counties in Western New York, Launch New York will introduce the FAST FORWARD...
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...
This Project Grant award of $299,898 from the National Science Foundation (NSF) under the Technology, Innovation, and Partnerships (CFDA 47.084) program is intended to catalyze deep tech innovation and entrepreneurship through international partnerships. The project aims to enhance the impact of NSF's Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs by facilitating the formation and success of small business concerns working to solve critical...
The Innovation Marquette Enterprise Corporation was awarded a $611,911 Project Grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024). The grant will fund the creation of an innovative crowdfunding platform to connect local entrepreneurs to angel investors and broader venture capital networks. Key services include establishing a crowdfunding program, educating local angel investors about scalable tech...
This National Science Foundation (NSF) Technology, Innovation, and Partnerships (TIP) program (CFDA 47.084) Project Grant award of $295,591 to the University of Kentucky Research Foundation will develop a deep graph neural network-based foundation model to quantify and predict place-based innovation (PBI) factors. The key products and services to be delivered include: Modeling the time and capital requirements for PBI product development and commercialization. Assessing the impacts of...