This EDA investment funds the scale up new mexico project, the arrowhead center's scaling of existing innovation-based programming which address challenges startups face with commercialization

Ended Project Grant Awarded

Award ID
ED22HDQ0240157
Recipient
Awarding agency
Obligated
$2,371,730

Award facts

Assistance listing
11.024 BUILD TO SCALE
Completion date
Funding
  • $1,185,865.00 Federal
  • $1,185,865.00 Non-federal
Place of performance
New Mexico, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

With this grant, arrowhead will expand its programming via the five activities: (1) run techsprint accelerators for technology-based new mexico startups with commercial potential; (2) provide technology commercialization support via the sbir/sttr programs; (3) support intellectual property/technology transfer and provide investment support; (4) bolster access for women entrepreneurs in the region through diverse-W; and (5) host and manage pitch competition. Once completed, arrowhead will spearhead efforts to grow regional innovation by scaling programs and resources and offering innovation-based programs to new mexico startups.

Quick answers

Who received award ED22HDQ0240157?

ED22HDQ0240157 was awarded to New Mexico State University by Economic Development Administration (Department of Commerce) on September 23, 2022.

How much is award ED22HDQ0240157 worth?

$2,371,730 has been obligated on ED22HDQ0240157: $1,185,865 in federal funding and $1,185,865 in non-federal funding.

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