2024 Build to Scale
Closed Posted
- Opportunity number
- EDA-B2S-2024
- Agency
-
Economic Development Administration
Department of Commerce
- Applications due
- Award size
- Up to $5,000,000
Opportunity facts
- Assistance listings
-
- 11.024 Build to scale
- Funding instrument
- Grant
- Categories
-
- Business and Commerce
- Community Development
- Regional Development
- Eligible applicants
-
- Non-501(c)(3) Nonprofits
- Special District Governments
- City/Township Governments
- County Governments
- Higher Education Inst. (Private)
- 501(c)(3) Nonprofits
- Tribal Organizations (Not Federally Recognized)
- State Governments
- Higher Education Inst. (Public)
- Tribal Governments (Federally Recognized)
- Full announcement
Opportunity details come from Grants.gov. Updated .
About this opportunity
The 2024 Build to Scale grant program, offered by the U.S. Department of Commerce Economic Development Administration (EDA), aims to build public and private capacity for entrepreneurs and innovators to develop and commercialize new technologies. The program supports organizations that enable technology commercialization, accelerate the growth of regional economies focused on industries of the future, provide proof-of-concept and commercialization assistance to technology innovators, and increase equitable access to capital for technology-enabled entrepreneurs. Key evaluation criteria include project quality, economic impact, capital access, workforce, equity, and alignment with regional technology strategies. The application deadline is October 28, 2024.
Awards of up to $5 million are available under this program, with a minimum 1:1 matching requirement. EDA expects to make 40-50 awards, and eligible applicants include state/local governments, nonprofits, higher education institutions, and other entities focused on technology/innovation-based economic development. Grant funds can only be used for operational and programmatic costs related to developing and supporting regional innovation initiatives, and cannot be passed directly to beneficiary companies or individuals.
Synopsis
2 versions
Update #2 · Latest ·
EDA invites organizations that support technology- and innovation-centric, high-growth companies (including but not limited to startups) as they develop, demonstrate, and deploy the next generation of critical and emerging technologies to apply for Build to Scale funding. The Build to Scale program aims to:
• build public and private capacity for entrepreneurs and innovators to invent, improve, and bring to market new products and services in critical, emerging, and transformative sectors and industries3;
• accelerate the growth of regional economies that are focused on industries of the future;
• empower communities to provide proof-of-concept and commercialization assistance to technology innovators and entrepreneurs; and
• equitably and inclusively increase access to capital for technology-enabled entrepreneurs.
This grant program supports organizations that may be operating initiatives to unlock investment capital across a region or sector, operating programs to accelerate company growth, empowering the next generation of entrepreneurs, or otherwise enabling technology commercialization. Frequently, entrepreneurs working in one or a set of related industries and technologies benefit from complementary resources, facilities, and labor markets. Awards made under Build to Scale may only fund operational and programmatic costs related to developing and supporting regional innovation initiatives. Award funds may not be passed or transferred directly to beneficiaries (i.e., participant startup companies and individuals) served by the program being funded by award funds.
Apply here: https://sfgrants.eda.gov/s/funding-program/a2jSJ0000003YoLYAU/fy-2024-build-to-scale
Update #1 ·
EDA invites organizations that support technology- and innovation-centric, high-growth companies (including but not limited to startups) as they develop, demonstrate, and deploy the next generation of critical and emerging technologies to apply for Build to Scale funding. The Build to Scale program aims to:
• build public and private capacity for entrepreneurs and innovators to invent, improve, and bring to market new products and services in critical, emerging, and transformative sectors and industries3;
• accelerate the growth of regional economies that are focused on industries of the future;
• empower communities to provide proof-of-concept and commercialization assistance to technology innovators and entrepreneurs; and
• equitably and inclusively increase access to capital for technology-enabled entrepreneurs.
This grant program supports organizations that may be operating initiatives to unlock investment capital across a region or sector, operating programs to accelerate company growth, empowering the next generation of entrepreneurs, or otherwise enabling technology commercialization. Frequently, entrepreneurs working in one or a set of related industries and technologies benefit from complementary resources, facilities, and labor markets. Awards made under Build to Scale may only fund operational and programmatic costs related to developing and supporting regional innovation initiatives. Award funds may not be passed or transferred directly to beneficiaries (i.e., participant startup companies and individuals) served by the program being funded by award funds.
Files
| File | Type | Posted |
|---|---|---|
| FY24 B2S Guidance on Commitments.pdf | ||
| B2S_Commitment_Index_Template.xlsx | XLSX spreadsheet | |
| 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_Updated 09_26_2024.pdf | ||
| FY24 B2S NOFO FINAL.pdf |
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