Project Grant ED20HDQ0200024

Champion Impact Capital will receive $901,000 through a Project Grant award from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance (EAA) program. The award will fund Champion Impact Capital's efforts to commercialize scalable technologies through creative capitalization from April 2021 through October 2022 in Irving, Texas. As part of the EAA program, which provides technical, planning, and infrastructure assistance to regions experiencing...

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 Charlotte Community Capital Access Investment Initiative. Over three years, the University of North Carolina at Charlotte will engage multiple university and community resources to identify new local capital sources, educate underrepresented potential angel investors, and ensure 120 emerging entrepreneurs are fully prepared for investment. Specifically, the...

The University City Science Center was awarded a $930,288 project grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program (CFDA 11.307). The grant will support the "ONRAMP TO OPPORTUNITY: ACCELERATING POST-PANDEMIC ENTREPRENEURIAL GROWTH AND DEVELOPMENT IN GREATER PHILADELPHIA" project from April 15, 2021 through October 15, 2022. The Science Center will leverage this EDA funding to deliver technical assistance,...

The Lehigh Valley Equitable Entrepreneurship Project received a $150,000 project grant award from the Department of Commerce Economic Development Administration under the Economic Development Technical Assistance federal grant program (CFDA 11.303). The project will scale technical assistance and research efforts to advance relationships with financial institutions and large businesses in order to promote local sourcing, supplier diversity, and capital access for historically disadvantaged...

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...

The Erie Regional Chamber and Growth Partnership (ERCGP) will receive $650,642 under a three-year Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE federal grant program. The grant-funded FIRE & ICE project aims to expand Erie, Pennsylvania's entrepreneurial ecosystem by investing in technical assistance, strategic connections, and introductions to potential customers for portfolio companies in the FIRE Accelerator. Now in its fourth year, the...

Capital Impact Partners received a $1.8 million project grant award from the United States Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The funding supports the Community Development Financial Institutions Rapid Response Program, which provides capital to CDFIs working to address economic impacts of the COVID-19 pandemic in their communities. Through this award concluding on December 31, 2023, Capital Impact Partners will deliver financial...

This $7.39 million Project Grant from the Department of Commerce Economic Development Administration funds the Proof-of-Concept and Startup Services Initiative through the BUILD TO SCALE federal grant program. Administered by The Pennsylvania State University, the initiative provides three no-cost entrepreneurial support services to further grow the ecosystem in Central Pennsylvania. It restarts Penn State's successful Proof-of-Concept program to enhance commercialization of university research....