Create an innovative crowdfunding platform, educate local angel investors about scalable tech investment opportunities and connect to state, regional and national venture capital networks
Ended Project Grant Awarded
- Award ID
- ED21HDQ0240082
- Recipient
-
Innovation Marquette Enterprise Corp UEI HEFGK1ZNXML3
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $611,911
Award facts
- Assistance listing
- 11.024 BUILD TO SCALE
- Completion date
- Funding
-
- $305,465.00 Federal
- $306,446.00 Non-federal
- Place of performance
- Marquette, MI, USA
Award details come from USAspending.gov.
Description
- Purpose
- The purpose of this project is to create an innovative crowdfunding platform, educate local angel investors about scalable tech investment opportunities and connect to state, regional and national venture capital networks. The goal is to create a robust entrepreneurial ecosystem that recognizes and promotes entrepreneurs and collaborates with existing technology businesses to innovate, pivot and scale.
- Activities
- (1) create crowdfunding program, (2) educate and rejuvenate angels and (3)connect to broader venture capital networks. For detailed description including methodology and milestones see project narrative.
- Expected outcomes
- To address the challenge of limited connection to state, regional and national venture capital networks, innovation marquette enterprise corporation will seek to partner with an established venture capital network and open an office in marquette.
- Intended beneficiaries
- Prospective crowdfunding members, angels and ventur
Quick answers
Who received award ED21HDQ0240082?
ED21HDQ0240082 was awarded to Innovation Marquette Enterprise Corp by Economic Development Administration (Department of Commerce) on September 20, 2021.
How much is award ED21HDQ0240082 worth?
$611,911 has been obligated on ED21HDQ0240082: $305,465 in federal funding and $306,446 in non-federal funding.
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