Project Grant ED22HDQ0240136
Award Date
11/1/22
Completion Date
10/31/25
Dollars Obligated
$3.2M
Federal Agency
Economic Development Administration
Federal Grant Program
11.024
Assistance Type
Project Grant
Place of Performance
Rochester, NY 14650, USA
Similar Awards
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 Economic Development Administration awarded Cornell University a $824,603 Project Grant under the BUILD TO SCALE federal grant program. The grant will fund the BRV Investor Network, which will serve as an upstate-downstate bridge to screen and connect scalable New York startups with investors from the global venture capital community. Specifically, the Network will deliver three functions to increase capital flows to seed and early-stage startups in New York. First, it will serve as an...
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...
Launch New York, Inc., doing business as Launchny, was awarded a $2,625,000 Project Grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program. The grant will enable Launchny to fully transition its entrepreneurship support services to virtual platforms and develop novel financing programs for technology-based startup companies in Western New York. Specifically, the Rebound and Innovate Project will support Launchny's implementation...
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...
Nextcorps Inc. was awarded a $984,612 project grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program (CFDA 11.307) to deliver a software startup accelerator for non-technical founders in Rochester, NY from May 2021 through October 2022. The EAA program provides technical and planning assistance to regions experiencing adverse economic changes, which this award will do by supporting entrepreneurs through an accelerator program...
The Economic Development Administration (EDA) awarded $500,000 under the Economic Adjustment Assistance (EAA) program to support the Empire State Development Corporation Coalition. The funding will allow the Coalition to grow the advanced manufacturing sector in Western New York through building an accelerator to support innovation, training a qualified workforce, and rehabilitating infrastructure. Specifically, the Coalition seeks to address gaps in the innovation ecosystem, workforce...
The Centerstate Corporation for Economic Opportunity (Centerstate Corp) received a $499,906 Project Grant award from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (EAA) program. The funding will support the Centerstate NY Smart Systems Coalition led by Centerstate Corp to develop the unmanned aerial systems cluster in Central New York as part of New York State's Semiconductor Corridor initiative. Specifically, the Coalition will...
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 Economic Development Administration awarded a $2.17 million Project Grant to Vilcap, Inc. to develop lasting investment infrastructure for technology startups led by founders of color in the Southeast region of the United States. Under the Resource Invests initiative funded through the agency's BUILD TO SCALE program (CFDA #11.024), Vilcap will work with the Black Innovation Alliance from November 2022 to April 2024 to launch infrastructure and a replicable model to improve...