Project Grant ED22HDQ0240171
- The Minneapolis Saint Paul Regional Economic Development Partnership (MSP REDP) was awarded a $1,202,452 project grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024). The grant funds the Forge North Angel Activation Campaign project, which will establish a startup coalition in the Greater Minneapolis-Saint Paul region to recruit 200 new angel investors through educational events and cohort-based learning...
- 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...
- The Green Bay Accelerator Program Project received a $1.87 million Project Grant award from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024). The funding will support coordinating resources, connecting people and businesses, and creating an environment to foster innovation, technology commercialization, and entrepreneurial activity across the Greater Green Bay, Wisconsin region through October 2025. Specifically, the...
- 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,...
- The Northern Innovation and Startup Center Project received a $2,993,898 project grant award from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024). The funding will assist Northern State University in developing a thriving tech ecosystem in Aberdeen, South Dakota by infusing startup expertise into existing entrepreneurship resources, building a culture of tech entrepreneurship, and offering ideation and incubator...
- 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 Department of Commerce Economic Development Administration awarded a $5,845,600 Project Grant under the BUILD TO SCALE federal grant program (CFDA 11.024) to Southern Windsor County Incubator Inc. The grant funds the Scaling a Successful Innovation Ecosystem through East Central Vermont project to support technology entrepreneurs in the region. Under the award, Southern Windsor County Incubator Inc. DBA Black River Innovation Campus and Green Mountain Economic Development Corporation will...
- 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...
- 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 Rochester Economic Development Corporation (REDC) was awarded a $1 million Project Grant from the Small Business Administration (SBA) Office of Entrepreneurial Development under the Community Navigator Pilot Program (CFDA 59.077). Through this award, REDC will provide high-quality support and technical assistance to small businesses and entrepreneurs from historically underserved categories. Specifically, REDC (as the hub) and its contractors (as spokes) will deliver one-on-one counseling...
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 growth of scalable tech startups. The goal is to advance over 400 entrepreneurs, with 25% from targeted demographic groups including Black, Indigenous, and People of Color communities. Total funding of $7.8 million will support these efforts through October 2025.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $2.0m | 9/21/22 | ||
| Not listed | $2.0m | 9/21/22 |