B2S_Commitment_Index_Template.xlsx
XLSX spreadsheet 123 KB Posted
- Attached to
- 2024 Build to Scale
- Opportunity number
- EDA-B2S-2024
About this file
This document is a template for summarizing commitment letters submitted as part of a federal grant application for the Build to Scale (B2S) program. The template includes instructions for completing the index, which captures details about each commitment such as the entity providing the commitment, the type of commitment (policy or investment), the commitment value, whether it counts towards the match requirement, and a short description.
The related federal grant opportunity is the 2024 Build to Scale program, a grant offered by the Department of Commerce's Economic Development Administration (EDA). This program aims to build public and private capacity for technology-driven entrepreneurs and companies, accelerate regional economic growth in emerging industries, and increase access to capital for technology innovators. Eligible applicants include various types of organizations, such as nonprofits, higher education institutions, government entities, and tribal organizations. The grant funds operational and programmatic costs related to regional innovation initiatives, but cannot be directly passed to individual participants or startup companies.
Optional Commitment Index Template
View the file
Other files
| File | Type | Posted |
|---|---|---|
| FY24 B2S Guidance on Commitments.pdf | ||
| B2S_Optional_Project_Service_Area_Template.xlsx | XLSX spreadsheet | |
| Non-Construction_Budget_Narrative_OPTIONAL_Template.xlsx | XLSX spreadsheet | |
| CD511-V1.1.pdf | ||
| SFLLL_1_2_P-V1.2 (2).pdf | ||
| FY24 B2S NOFO FINAL.pdf | ||
| FY24 B2S NOFO FINAL_Updated 09_26_2024.pdf |
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Instructions
| Example Template | |||||||
| Entity Name | Entity Type | Commitment Category (Policy or Investment) | Commitment Type (In-Kind, Cash, Not Applicable) | Commitment Value | Counted Towards Match (Yes/No) | Contribution to Ecosystem | Short Description |
| Manufactures Incorporated | Industry | INVESTMENT | Cash | 10,000 | Yes | New commitment to ecosystem | Manufactures Inc. will provide a cash match of $10,000 |
| City of Innovation Springs | Local Government | POLICY | N/A | N/A | No | New commitment to ecosystem | Innovation Springs will reduce requirements for first-time business owners |
| Univeristy of Innovation Springs | Higher Education | INVESTMENT | In-Kind | 2,500 | No | Updated ecosystem asset | UIS will expand their entrepreneurship course to ESL learners, teachers will provide in-kind staff time and technical assitance |
FY 2024 B2S Commitment Index Template
INSTRUCTIONS
Please use this template to complete a summary index of commitment letters submitted as part of your 2024 Build to Scale application. This index is recommended but not required as part of your application. If a letter contains one or more commitments, please list each commitment separately.
1. Entity Name: The name of the organization providing the commitment and whose signature is on the letter.
2. Entity Type: Provide a brief description of the type of organization. You can select from dropdown options.
3. Commitment Category: Select if the commitment is a policy commitment or an investment. Policy commitments may include institutional or policy changes or updates to structures, procedures, or systems that will support growth of an innovation economy in the region. They might also include public or promotional programming or technical assistance related to an innovation ecosystem and its companies. Investment commitments may be in-kind or cash.
4. Commitment Type: If the commitment is a financial investment, select either in-kind or cash. If the commitment is not a financial commitment, you may select ‘not applicable.’
5. Commitment Value: If no valuation can be provided, you may leave this blank. Please ensure the valuation listed in the index aligns with the amount provided in the letter.
6. Counted Towards Match: Note either yes or no if the commitment is submitted as part of the match requirement. Refer to Appendix B.6.b.ii.C at p. 25 in the FY2024 B2S NOFO for additional information on match requirements. Matching share greater than 1:1 requirement will be accepted but is not necessary to qualify for funding. If the commitment is submitted above and beyond the match requirement, select no.
7. Contribution to Ecosystem: If the commitment is new, select “new commitment to ecosystem.” Examples of this may include cash investments or in-kind consulting time for a new program. If the commitment is part of an ongoing effort but will enhance, expand, or update a program, select “updated ecosystem asset.” An example of this may include in-kind lab equipment to an existing program that will enable expanded reach.
8. Short Description: Provide 1-2 summary sentence highlighting key points from the letter.
See below for an example.
Template
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| Please read tab "Instructions" before filling out this spreadsheet. | |||||||
| Entity Name | Entity Type | Commitment Category (Investment/Policy) | Commitment Type (In-Kind, Cash, Not Applicable) | Commitment Value | Counted Towards Match (Yes/No) | Contribution to Ecosystem | Short Description |
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