Project Grant ED19HDQ0200043

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...

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 $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 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 Green Bay Accelerator Program Project received a $1.87 million Project Grant award from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024). The funding will support coordinating resources, connecting people and businesses, and creating an environment to foster innovation, technology commercialization, and entrepreneurial activity across the Greater Green Bay, Wisconsin region through October 2025. Specifically, the...

This $474,650 Project Grant from the Department of Commerce Economic Development Administration (EDA) supports Exponential Impact's Survive and Thrive (S&T) initiative in Colorado Springs, Colorado. The S&T initiative aims to achieve equitable outcomes for recovering small businesses in El Paso County impacted by the COVID-19 pandemic through holistic support services with an emphasis on underrepresented founders. Services include immediate relief for organizations combined with...

The Department of Commerce Economic Development Administration awarded Wichita State University a $1.5 million Project Grant under the BUILD TO SCALE federal grant program (CFDA 11.024). The grant will support entrepreneurship programs in Wichita, Kansas through September 2024. Specifically, the university will offer a Startup School and Technology Transfer Matchmaking program to increase entrepreneurship and university-based technology transfer. It will also fund a NXTSTAGE Accelerator...

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 $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...

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...