Project Grant ED20HDQ0200046

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 LaunchTN Industry Networks Expansion Project will provide $7.957 million in services to expand Tennessee's commercialization programs under a Project Grant awarded by the Department of Commerce Economic Development Administration (EDA). The grant funds will support LaunchTN, the state's entrepreneur support organization, to implement an expansion of its proven Industry Networks model through October 2025. Specific services include further developing the state's assets in advanced energy,...

The Department of Commerce Economic Development Administration awarded a $3 million Project Grant to the Cincinnati USA Regional Chamber through September 2024 under the BUILD TO SCALE federal grant program (CFDA 11.024). The grant will support the Chamber's accelerator program to advance the development of sizeable minority-owned businesses. Key services to be delivered include comprehensive business assessments and growth plans with detailed financial projections and capital needs assessments....

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 Department of Commerce Economic Development Administration awarded a $598,095 Project Grant under the BUILD TO SCALE federal grant program to Tulsa Community Foundation. The grant will support Tulsa Innovation Labs in providing executive leadership, program management, and coordination for the BLOOMOK initiative. BLOOMOK will build Oklahoma's regional economy through scalable start-ups by supporting regional early-stage investors and augmenting their capacity and expertise in virtual health....

The South Carolina State-Wide Investment Accelerator Project will receive $2.1 million from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) from November 2022 through October 2025. The funding will support organizing, launching and operating a statewide investment accelerator program with stakeholders to identify an accelerator contractor, recruit and deliver programming twice annually for early-stage startup cohorts,...

This $3 million Economic Development Administration (EDA) Project Grant funds the Pacific Northwest Scalable Technology Startup Business Capital Fund Development Project administered as a strategic partnership between Regional Accelerator & Innovation Network (Rain Catalysts) and the Portland Seed Fund. The project aims to elevate and invest in scalable technology startups led primarily by Pacific Northwest women and Black, Indigenous, and People of Color (BIPOC) founders through Rain...

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 Department of Commerce Economic Development Administration awarded a $596,289 Project Grant to Thryve Incubator, doing business as Startup Tucson, to develop a financial capital investor ecosystem in Tucson, Arizona under the BUILD TO SCALE federal grant program (CFDA 11.024). The grant will support outreach and recruitment of prospective investors, delivery of investment training and education, and development and deployment of an online data network connecting existing investor information...

The Minneapolis Saint Paul Regional Economic Development Partnership (MSP REDP) was awarded a $1,202,452 project grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024). The grant funds the Forge North Angel Activation Campaign project, which will establish a startup coalition in the Greater Minneapolis-Saint Paul region to recruit 200 new angel investors through educational events and cohort-based learning...