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 and services include recruiting and training new angel investors from diverse backgrounds; providing a path for trained individuals to invest in pre-seed and seed funds; increasing the regional pool of trained angel investors; and increasing technology-enabled food entrepreneurs' access to capital by exposing new and existing funds to regional investment opportunities. Once completed, the project is intended to develop an investor training program and network to address capital gaps, increase angel investor diversity, and diversify access to capital through new funds.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $147.8k | 9/23/22 | ||
| Not listed | $147.8k | 9/23/22 |