Project Grant ED21HDQ0240084
- The Department of Commerce Economic Development Administration awarded a $6.1 million Project Grant to Aglaunch Initiative under the BUILD TO SCALE federal grant program (CFDA 11.024). The funding supports Aglaunch's AGRIX3 project to expand its accelerator platform across additional agricultural regions and leverage additional investment. Key products and services include scaling Aglaunch's Data Commons framework for collecting and housing farm-level and trial-specific data; scaling its Open...
- This $3.2 million Department of Commerce Economic Development Administration project grant funds the Lab to Life program at Colorado State University Research Foundation. The program will establish partnerships between Colorado State University and the Colorado State Research Foundation to commercialize research-based clean technologies and sustainability startups. Specifically, the Lab to Life program will support transforming intellectual property into 3 to 5 startup companies annually over...
- 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...
- 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...
- This $3 million EDA Project Grant funds Launch New York, Inc.'s Launch NY #InvestLocal Scale Up project. The project aims to identify, support, and invest in high-growth, scalable companies that can transform the local economy through job and wealth creation in 27 upstate New York counties. It will optimize follow-on capital investments to 80 existing portfolio companies and make new first-time investments. The project will advance Launch NY's financing programs, including recapitalizing its...
- The VelocityTX Innovation Center (VTX) will scale its bio and health technology accelerator and incubator programs through this $1.546 million project grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program. VTX will bring five new cohorts totaling 38 companies through its BioGlobal Accelerator and achieve maximum 20-company capacity in its incubator. By the end of the three-year period of performance concluding September 2024,...
- 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 $3,012,888 Project Grant to the Leon County Research & Development Authority to launch the North Florida Innovation Labs Technology Accelerator. Under the BUILD TO SCALE federal grant program (CFDA #11.024), which supports the development of technology-focused business ecosystems, the funding will provide programmatic and operational support from November 1, 2022 to October 31, 2025. Specifically, the grant combines a technology-focused...
- This $4.7 million Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program funds the Scale Up New Mexico project led by New Mexico State University's Arrowhead Center. The grant supports expanding the Center's existing innovation and commercialization programming for New Mexico startups over three years from November 2022 to October 2025. Key services include accelerators to help technology startups with commercial potential through activities...
- 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,...
Launchbio, Inc. was awarded a $2,154,628 Project Grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) to transform North Texas into a globally recognized entrepreneurial ecosystem for life science innovation. Over a three-year period ending September 2024, Launchbio will leverage existing resources and coordinate partnerships across the region to propel startup development. Key deliverables include a minimum of 100 mentoring/coaching sessions annually provided collectively by ecosystem partners to 12-20 entrepreneurs completing the ThinkLab program. Additionally, 5-8 startup companies will be moved into the Biotech+ hub facilities at Pegasus Park, including 5-8 companies in the biolabs and 2-4 in the Pegasus Park tower. It is expected that 3-6 of the Biotech+ hub companies will be featured in the Capital Factory showcase programs, and 15 companies will participate in University of Texas at Dallas accelerator programs. The funding aims to invigorate the regional economy through strategic support of scalable life science startups.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $750.0k | 9/21/21 |