Recruit and train 200 high-net-worth individuals from michigan and throughout the great lakes region who are underrepresented in the angel investor community and activate their potential as investors

Ended Project Grant Awarded Last action

Award ID
ED21HDQ0240110
Recipient
Awarding agency
Obligated
$1,172,716

Award facts

Assistance listing
11.024 BUILD TO SCALE
Completion date
Funding
  • $399,267.52 Federal
  • $773,448.00 Non-federal
Place of performance
Detroit, MI 48202, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

Purpose
The purpose of this project is to recruit and train 200 high-net-worth individuals from michigan and throughout the great lakes region who are underrepresented in the angel investor community and activate their potential as investors.
Activities
Recruitment, participating in angel university training program, investment readiness program for entrepreneurs and an annual summit. Complete details are listed in the project narrative.
Expected outcomes
Through collaboration this project will create opportunities for new angel investors to join this innovation ecosystem.
Intended beneficiaries
Techtown, angel capital association, ANN arbor spark and venturewell.
Subrecipient activities
The recipient does not intend to sub-award funds.

Transactions

Action Federal Non-federal Date
Amendment -$732 $0
Original award $400,000 $773,448

Quick answers

Who received award ED21HDQ0240110?

ED21HDQ0240110 was awarded to Wayne State University Research & Technology Park In The City Of Detroit by Economic Development Administration (Department of Commerce) on October 1, 2021.

How much is award ED21HDQ0240110 worth?

$1,172,716 has been obligated on ED21HDQ0240110: $399,268 in federal funding and $773,448 in non-federal funding.

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