Project Grant ED22HDQ0240148
- This $1.4 million Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program funds the Southern California Venture Pipeline (SVP) Capital Fund Development Project. The Alliance for Southern California Innovation will review startup applications, vet companies, and forward qualified deals to an evaluator panel. Roughly 75% of applicants will need mentorship to prepare for future funding rounds. Startups selected by the panel will pitch to a...
- 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....
- 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 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...
- 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...
- 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...
- 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 $3 million Economic Development Administration (EDA) Project Grant funds the Pacific Northwest Scalable Technology Startup Business Capital Fund Development Project administered as a strategic partnership between Regional Accelerator & Innovation Network (Rain Catalysts) and the Portland Seed Fund. The project aims to elevate and invest in scalable technology startups led primarily by Pacific Northwest women and Black, Indigenous, and People of Color (BIPOC) founders through Rain...
- The Research Park Corporation received a $1.125 million project grant award from the Department of Commerce Economic Development Administration on May 24, 2022. The funding supports the Ignition Accelerator and Venture Capital Assistance Program to develop tech-based startups across Louisiana's Capital Region. Through this program, the Research Park Corporation will provide technical assistance, planning support, and outreach to underserved communities and businesses to help address the lack...
- 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 EDA INVESTMENT FUNDS THE OASIS ACCELERATOR: INLAND EMPIRE ENTREPRENEURSHIP ECOSYSTEM DEVELOPMENT PROJECT, TO HELP SCALE AND GROW SUSTAINABILITY-FOCUSED TECHNOLOGY START-UPS IN THE COASTAL SOUTHERN CALIFORNIA REGION. THE OASIS ACCELERATOR, BASED AT THE UNIVERSITY OF CALIFORNIA RIVERSIDE, WILL CREATE AN INTERCONNECTED NETWORK OF TEST BEDS AND DOMAIN EXPERTS TO ADMINISTER RESEARCH AND DEMONSTRATION PROJECTS, AS WELL AS INVEST IN STARTUP ADVOCATES TO SERVE AS BUSINESS AND TECHNICAL EXPERTS TO START-UP COMPANIES. THE OASIS ACCELERATOR WILL ALSO CONVENE A "GREEN TEAM" FOCUSED ON CONNECTING CLEAN/SMART START-UPS WITH BUSINESS ATTRACTION PACKAGES AND PLANS TO BUILD A DIVERSE SKILLED TALENT POOL IN THE TECHNOLOGY-ENABLED SUSTAINABILITY SECTOR. ONCE IMPLEMENTED, NEW RESEARCH PROJECTS AND BUSINESS ACTIVITY ADMINISTERED BY THE OASIS ACCELERATOR WILL ACCELERATE THE ESTABLISH OF A SUSTAINABILITY-FOCUSED INNOVATION ECOSYSTEM IN THE COASTAL SOUTHERN CALIFORNIA REGION.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $0 | 12/16/25 | ||
| Not listed | $2.0m | 9/21/22 | ||
| Not listed | $2.0m | 9/21/22 |