Project Grant ED22HDQ0240146
- The Department of Commerce Economic Development Administration awarded a $800,000 Project Grant to the Fresno Area Hispanic Foundation under the BUILD TO SCALE federal grant program (CFDA 11.024). The grant will support the development of a $800,000 financial capital seed fund to provide early-stage financing and technical assistance to startup and small businesses in Fresno, California through September 2024. Specifically, the Fresno Area Hispanic Foundation will form an LLC to operate and...
- 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...
- The Chico Economic Planning Corporation (CEPC) received a $298,390.60 Project Grant award from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The award, issued on April 15, 2021 for a one-year period, will support CEPC's BRIC Resilience and Recovery Project (BRIC-RR). As the EDA's Economic Adjustment Assistance program aims to aid regions facing adverse economic changes, the BRIC-RR project...
- The Economic Development Administration awarded a $1.687 million project grant to the State of California's Governor's Office of Business and Economic Development on September 29, 2021 under the Economic Adjustment Assistance program. The grant funds the Regional Innovation, Regional Recovery project to mitigate job loss by expanding local economic development capacity and encouraging entrepreneurship in five regions of California particularly impacted by adverse economic changes. The project...
- The Center for Advancing Innovation, Inc. was awarded a $2.49 million project grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) to launch the Global Health Innovation Challenge. Over three years, the Center will source and launch over 60 high-growth startups in the Washington D.C. metro area to address global health threats using technology. The startups will focus on preventing, diagnosing, treating and...
- This $16.9 million Economic Development Administration Project Grant supports the Fresno-Merced Future of Food Innovation Coalition's efforts to drive agriculture innovation in California's Central Valley. Led by the Central Valley Community Foundation, the Coalition will launch iCreate, a new ag-tech hub to accelerate technology development and transfer between researchers and farmers. Community colleges in the region will gain access to new technology and training to equip students and workers...
- The Economic Development Administration (EDA) awarded a $4,849,287 Project Grant under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300) to the Alchemist Community Development Corporation (CDC) in Sacramento, California. The funding will support the construction of an all-electric campus focused on workforce development, job training, and public market space for underserved entrepreneurs. Key components include a new commercial-grade kitchen, a social...
- The Department of Commerce Economic Development Administration awarded a $6.1 million Project Grant to Aglaunch Initiative under the BUILD TO SCALE federal grant program (CFDA 11.024). The funding supports Aglaunch's AGRIX3 project to expand its accelerator platform across additional agricultural regions and leverage additional investment. Key products and services include scaling Aglaunch's Data Commons framework for collecting and housing farm-level and trial-specific data; scaling its Open...
- The U.S. Department of Commerce Economic Development Administration (EDA) awarded $1.3 million under the Economic Adjustment Assistance (EAA) program to the Regents of the University of California at Riverside on September 9, 2021. The funding will support the Office of Technology Partnerships at UC Riverside to provide individualized technical assistance to over 1,000 small businesses in the Inland Empire region of California impacted by COVID-19, with a focus on minority-owned businesses....
- The Economic Development Administration awarded a $2,985,374 project grant to the Rutland Economic Development Corporation under the BUILD TO SCALE federal grant program (CFDA 11.024). The grant funds the Rutland's Tech Startup Incubator Project to transform the rural economy of Vermont by driving scalable tech entrepreneurship, investment, and high-skill, high-paying job creation. Key deliverables include identifying and inspiring a local culture of tech innovation, creating and implementing an...
The Department of Commerce Economic Development Administration (EDA) awarded a $2.2 million Project Grant to the Chico Economic Planning Corporation under the BUILD TO SCALE federal grant program (CFDA 11.024). The funding supports the ChicoStart Accelerate Innovation by Mobilization to Rural Communities (AIM-RC) Technology-based Business Incubator Development Project. Through this project, ChicoStart will partner with CleanStart and California State University, Fresno to support innovation and economic development in underserved rural populations across key sectors of California's economy. AIM-RC will focus on critical industries including agriculture/food production, agricultural water efficiency, healthcare/biotechnology, sustainable forest management, clean technology/clean manufacturing, and sustainable tourism. The project aims to create 80 new rural-focused jobs by 2025, provide services to over 40 entrepreneurs and businesses, launch 40+ new companies, and secure $6M in equity investments—thereby supporting historically underserved rural communities in California.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $550.0k | 9/21/22 | ||
| Not listed | $550.0k | 9/21/22 |