Project Grant ED22HDQ0240137
Award Date
11/1/22
Completion Date
10/31/25
Dollars Obligated
$1.2M
Federal Agency
Economic Development Administration
Federal Grant Program
11.024
Assistance Type
Project Grant
Place of Performance
St Paul, MN 55101, USA
Similar Awards
The Red Wing Ignite organization will receive $7.8 million through a Project Grant award from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA #11.024) to fund the Accelerating Rural Entrepreneurs in SE Minnesota project. Red Wing Ignite will focus on prioritizing regional coordination and expanding access to startup programs for rural and diverse founders in southeast Minnesota. This includes launching an accelerator to expedite...
The Wayne State University Research & Technology Park in Detroit, Michigan (Techtown Detroit) received a $1.17 million project grant award from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) to recruit and train 200 high-net-worth individuals from Michigan and the Great Lakes region as angel investors from October 2021 through September 2024. The project aims to activate the potential of underrepresented investors...
The Department of Commerce Economic Development Administration (EDA) awarded a $1,054,468 Project Grant to Innovate Mississippi under the BUILD TO SCALE federal grant program (CFDA #11.024) to establish two regional angel funds in rural Mississippi. Specifically, the grant will fund the Mississippi Rural Angel Funds project to create the North Delta/Oxford Angel Fund and the Mississippi River Region Angel Fund. These two angel funds will invest in 20 early-stage Mississippi startups over three...
The Department of Commerce Economic Development Administration (EDA) awarded a $500,000 Project Grant to the Minneapolis Saint Paul Regional Economic Development Partnership under the Economic Adjustment Assistance (EAA) program. The grant will support the Bold North Bioinnovation Cluster led by the Partnership to make Minnesota a leader in solving problems through bioinnovation. Funds will be used to invest in Black, Indigenous, and people of color workers, entrepreneurs, and existing...
The Innovation Marquette Enterprise Corporation was awarded a $611,911 Project Grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024). The grant will fund the creation of an innovative crowdfunding platform to connect local entrepreneurs to angel investors and broader venture capital networks. Key services include establishing a crowdfunding program, educating local angel investors about scalable tech...
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...
This $1.2 million project grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program will fund the Charlotte Community Capital Access Investment Initiative. Over three years, the University of North Carolina at Charlotte will engage multiple university and community resources to identify new local capital sources, educate underrepresented potential angel investors, and ensure 120 emerging entrepreneurs are fully prepared for investment. Specifically, the...
This $615,500 Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE federal grant program will fund the Food and Beverage Investors Network project delivered by Battle Creek Unlimited Inc. The project aims to increase the capacity of the Next-Gen Battle Creek Food Reimagined Investors network to vet, validate, and make critical seed and angel investments in early-stage, high-growth food manufacturing companies in Western Michigan. Specific products...
The Department of Commerce Economic Development Administration (EDA) awarded a $1.5 million Project Grant to Innovate Mississippi under the BUILD TO SCALE federal grant program (CFDA 11.024) to develop the statewide ecosystem through the COBuilders Accelerator Project. The grant will fund a coordinated virtual accelerator unlocking resources like mentors, service providers, and investment capital across underrepresented regions in Mississippi. Over a 24-month period starting November 1, 2022,...
This $6,021,480 project grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program will fund the Village to Venture: EDA Build to Scale Venture Challenge. Through a partnership between Southwestern Community College, the University of San Diego, and the Connect Foundation, this project will support underrepresented entrepreneurs in the San Diego region in accessing traditional capital sources and creating new jobs. Specifically, the partnership will...