Project Grant ED22HDQ0240176

Award Date 10/1/22
Completion Date 9/30/25
Dollars Obligated $4.8M
Federal Grant Program
11.024
Assistance Type
Project Grant
Place of Performance
New Orleans, LA, USA

This $4.8 million Economic Development Administration project grant funds the New Orleans Startup Fund Inc. to launch the Diversifying and Expanding the Entrepreneurship Pipeline in Technology in New Orleans initiative through September 2025. The Startup Fund will enhance its portfolio management capacity and deliver customized technical assistance to over 100 women- and minority-owned technology entrepreneurs to help them progress from pre-seed funding to venture capital rounds and exits. It will also leverage regional partnerships to drive more investment to high-growth, women- and minority-owned technology businesses in the region. This funding advances the BUILD TO SCALE program's goals of strengthening technology-based economic development ecosystems to support entrepreneurial ventures that create high-skilled jobs.

Generated 1/6/24, 9:50 PM