Project Grant ED22HDQ0240177
- 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 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 $8 million project grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program will fund the Oasis Accelerator: Inland Empire Entrepreneurship Ecosystem Development Project led by the Regents of the University of California at Riverside from November 1, 2022 to October 31, 2025. The project will create an interconnected network of test beds and domain experts administered by the Oasis Accelerator to conduct research and demonstration projects...
- The Department of Commerce Economic Development Administration (EDA) awarded a $3 million Project Grant to the University of Utah under the BUILD TO SCALE federal grant program (CFDA 11.024) to support the Inclusive Impact Program from November 1, 2022 to October 31, 2025. The Inclusive Impact Program will partner with entrepreneur support organizations, investors, and other groups across the country to expand career pathways for 250+ students from historically underserved communities. It will...
- 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...
- This $4.7 million Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program funds the Scale Up New Mexico project led by New Mexico State University's Arrowhead Center. The grant supports expanding the Center's existing innovation and commercialization programming for New Mexico startups over three years from November 2022 to October 2025. Key services include accelerators to help technology startups with commercial potential through activities...
- 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...
- The Shenandoah Community Capital Fund, Inc. received a $1.5 million Project Grant award from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program. The three-year award ending in September 2024 will support the REV Initiative to develop a scalable tech startup ecosystem in the Shenandoah Valley region of Virginia. Key activities to be undertaken by the REV Initiative include engaging the local community to create a regional innovation...
- This $1.2 million project grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program will fund the Charlotte Community Capital Access Investment Initiative. Over three years, the University of North Carolina at Charlotte will engage multiple university and community resources to identify new local capital sources, educate underrepresented potential angel investors, and ensure 120 emerging entrepreneurs are fully prepared for investment. Specifically, the...
- This $3,060,344 Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program funds the Stitchcrew Vest Her Ventures project. The project establishes one of Oklahoma's first accelerators to connect traditionally overlooked entrepreneurs with capital, networks, and resources needed to build and scale companies. It provides executive coaching to over 100 members annually and uses its extended network as a talent bank and trusted pipeline. Stitchcrew 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 counsel 300 entrepreneurs, train 200 entrepreneurs, and provide over 1,500 total hours of counseling and technical assistance. It will also create 5 new investor relationships and 30 new investor introductions. The partnership aims to leverage the regional innovation ecosystem to serve as a social capital network for underrepresented founders and help early-stage entrepreneurs solidify traction and move toward growth. The award period is from November 1, 2022 to October 31, 2025.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $1.5m | 9/22/22 | ||
| Not listed | $1.5m | 9/22/22 |