Project Grant ED21HDQ0240134
- 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...
- The U.S. Small Business Administration's (SBA) Office of the Chief Operating Officer awarded a $1,000,000 Congressional Grants Program (CFDA 59.059) Project Grant to the Local First Arizona Foundation. The award will fund a 5-year initiative from July 1, 2024 to June 30, 2029 to support small business development and entrepreneurship in the Phoenix, AZ area. The grant will enable the Local First Arizona Foundation, a non-profit community and economic development organization, to provide business...
- The Small Business Administration Office of Entrepreneurial Development awarded a $5,408,533 cooperative agreement to the Maricopa County Community College District from January 1, 2022 to December 31, 2023 under the Small Business Development Centers federal grant program (CFDA #59.037). This agreement supports the delivery of management counseling, training, and technical assistance services to small businesses in Arizona through the state's network of Small Business Development Centers, which...
- This $500,000 project grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program (CFDA 11.307) will fund a feasibility study for the highest and best regional use of a 2,100-acre state asset in Maricopa, Arizona. The City of Maricopa, Pinal County, and the University of Arizona will conduct the study to help establish a vision, determine the viability of creating thousands of jobs through a technology park model anchored by the Arizona...
- The Northern Arizona Technology & Business Incubator, Inc., doing business as the Northern Arizona Center, received a $970,000 project grant award from the Department of Commerce Economic Development Administration on April 15, 2021 to develop and demonstrate virtual economic development strategic planning tools through October 31, 2022. Funded under the EDA's Economic Adjustment Assistance program, the award will support the creation and demonstration of powerful online tools to aid rural...
- The Greater Phoenix Economic Council (GPEC) was awarded a $498,135 project grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The funding will support GPEC's proposal to capitalize on the shift toward community-based and home healthcare by making risk capital more available to early-stage Arizona bioscience firms and further developing research infrastructure at state universities. The project...
- The Department of Commerce Economic Development Administration awarded a $400,000 Project Grant to the Arizona Commerce Authority on June 24, 2021 under the Economic Adjustment Assistance program. The grant will support the development of a broadband strategic plan for Phoenix, Arizona. The Economic Adjustment Assistance program provides technical and planning assistance to regions experiencing adverse economic impacts, which may result from sudden or gradual economic changes. The broadband...
- This $1 million Project Grant from the Small Business Administration's Office of Entrepreneurial Development, under the Community Navigator Pilot Program (CFDA 59.077), will support the provision of pandemic relief and recovery services to historically underserved small businesses and entrepreneurs through November 2023. As the primary awardee, Shenandoah Community Capital Fund, Inc. will serve as a "hub" organization and work with contractor "spoke" organizations to...
- The Small Business Administration Office of Capital Access awarded Communities Unlimited Inc. $200,000 under the Prime Technical Assistance federal grant program (CFDA #59.050) to provide training and capacity building services to microentrepreneurs from September 30, 2021 to September 29, 2022. Specifically, the non-profit organization will use the funding to increase the number of microenterprises and enhance the management capabilities of existing microbusiness owners in starting,...
- Federal Project Grant Award Summary Arizona Financial Credit Union received a $150,000 Technical Assistance award from the Community Development Financial Institutions (CDFI) Fund under the Community Development Financial Institutions Program (CFDA 21.020), awarded on September 30, 2025, with a completion date of December 31, 2028. This award supports eligible activities including compensation for personal services and fringe benefits, professional service costs, travel, training and...
PURPOSE: THE PURPOSE OF THE FINANCIAL ASSISTANCE AWARD WILL BE TO DEVELOP AN ENTREPRENEURIAL DEVELOPMENT PROGRAM TO SUPPORT STARTUP ENTREPRENEURIAL BUSINESS ENTERPRISES IN PHOENIX, ARIZONA. ACTIVITIES TO BE PERFORMED: FACILITATION OF ACCESS TO PRODUCT DEVELOPMENT FACILITIES AND EQUIPMENT, FACILITATION OF ACCESS TO MENTORS AND INVESTORS, AND DEVELOPMENT OF INTRA-INDUSTRY PARTNERSHIPS IN ARIZONA. EXPECTED OUTCOMES: THE REGION WILL DEVELOP THE RESOURCES TO ASSIST ENTREPRENEURIAL FIRMS, WHICH WILL INCREASE THEIR FINANCIAL CAPACITY AND IMPROVE THEIR EFFICIENCY. THE ENTREPRENEURS WILL HAVE THE ABILITY TO INVEST IN THEIR COMMUNITIES. THE IMPACT OF THE INVESTMENT WILL LEAD TO MORE EMPLOYMENT OPPORTUNITIES AND PERSONAL INCOMES FOR THE REGION'S WORKFORCE. INTENDED BENEFICIARIES: LOCAL ENTREPRENEURIAL FIRMS, FINANCIAL CAPITAL INVESTORS, MUNICIPAL GOVERNMENT ENTITIES, INFORMATION SYSTEMS TECHNOLOGY INDUSTRY. SUBRECIPIENT ACTIVITIES: THE RECIPIENT DOES NOT INTEND TO MAKE ANY SUBAWARDS.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $750.0k | 8/28/25 | ||
| Not listed | $750.0k | 9/22/21 |