60 Awarded 'Build to Scale' Grants Totaling $53 Million

U.S. Economic Development Administration sent this bulletin at 11/09/2023 09:29 AM EST

November 9, 2023

ANNOUNCEMENT

60 Awarded ‘Build to Scale’ Grants to Support Innovators, Entrepreneurs, and Startups Through Regional, Technology-Based Economic Development Strategies

Today, the U.S. Department of Commerce announced “Build to Scale” grants awarded to 60 organizations across the country — located in 36 states, the District of Columbia, and Puerto Rico — totaling $53 million for programs that support technology entrepreneurs, catalyze innovation, and fuel economic growth. This is the 10^th cohort for this program.

The grants, part of the “Build to Scale” program administered annually by the U.S. Department of Commerce’s Economic Development Administration (EDA), aim to accelerate technology entrepreneurship by increasing inclusive access to entrepreneurial support and startup capital. These EDA investments support innovation industries, such as agriculture technology (agtech), blue economy, bioscience, advanced manufacturing, and health technology, among others.

The FY23 “Build to Scale” program was comprised of two competitions––the Venture Challenge and the Capital Challenge. Each challenge had multiple funding tiers that are designed to support organizations at different levels based on their needs, capacity and vision.

The 2023 awardees – which include nonprofits, universities, government agencies, and other entrepreneurship-focused organizations – will leverage an additional $55 million in matching funds from an array of private and public sector sources.

2023 Venture Challenge Grant Recipients

20Fathoms (Traverse City, MI) - $2 million
757 ScaleUp Alliance (Norfolk, VA) - $1.2 million
Arch Grants (St. Louis, MO) - $750,000
Arizona Regional Economic Development Foundation (Sierra Vista, AZ) - $298,504
BRF (Shreveport, LA) - $1.3 million
Brownsville Community Improvement Corporation (Brownsville, TX) - $1.2 million
Cleveland State University (Cleveland, OH) - $1.8 million
Cornell University (Ithaca, NY) - $2 million
Elevate Rapid City (Rapid City, SD) - $100,494
Georgetown University (Washington, D.C.) - $750,000
Guilford College (Greensboro, NC) – $218,583
Jumpstart (Cleveland, OH) – $2 million
LifeX Holdings (Pittsburgh, PA) - $2 million
Louisiana State University (Baton Rouge, LA) - $600,000
Mansfield BioIncubator (Mansfield, MA) – $1.25 million
Michigan Tech Enterprise Corporation (Houghton, MI) – $750,000
Mid-Atlantic Gigabit Innovation Collaboratory (Westminster, MD) - $274,498
North American Intelligent Manufacturing Initiative (Los Alamos, NM) - $300,000
Northeastern University (Portland, ME) - $2 million
Northeastern Vermont Development Association ( Johnsbury, VT) - $749,947
Pacific American Foundation (Kailua, HI) - $300,000
Puerto Rico Science, Technology and Research Trust (San Juan, PR) - $648,104
Rock Hill Economic Development Corporation (Rock Hill, SC) - $50,000
Rocky Mountain Innovation Initiative (Fort Collins, CO) - $2 million
San Jose State University Research Foundation (San Jose, CA) - $300,000
South Coast Development Council (Coos Bay, OR) - $300,000
Southern Research (Birmingham, AL) - $748,469
Spelman College (Atlanta, GA) – $749,896
The Community Foundation for Greater New Haven (New Haven, CT) – $2 million
The Idea Village (New Orleans, LA) – $2 million
University of Arkansas (Fayetteville, AR) – $1.2 million
University of Missouri at Kansas City (Kansas City, MO) – $2 million
University of Nebraska Medical Center (Omaha, NE) – $637,710
University of Nevada, Las Vegas (Las Vegas, NV) – $749,037
University of Oklahoma (Norman, OK) – $1.9 million
University of Wisconsin-Madison (Madison, WI) – $1.2 million
University Lab Partners (Irvine, CA) – $2 million
Urban Partnerships Community Development Corporation (Houston, TX) – $741,925
Wabash Heartland Innovation Network (West Lafayette, IN) – $1 million
Washington Maritime Blue (Seattle, WA) – $840,810

2023 Capital Challenge Grant Recipients

Ben Franklin Technology Partners of Central & Northern Pennsylvania (State College, PA) – $412,598
BRF (Shreveport, LA) - $655,436
Center on Rural Innovation (Hartland, VT) - $260,379
Central Indiana Corporate Partnership (Indianapolis, IN) - $400,000
City and County of Denver (Denver, CO) - $750,000
Clean Energy Trust (Chicago, IL) - $750,000
Codefi Foundation on Rural Innovation (Cape Girardeau, MO) - $321,000
Community Investment Corporation (Tucson, AZ) - $300,000
Delaware Innovation Space (Wilmington, DE) - $750,000
Entrepreneurs Center (Dayton, OH) - $400,000
Greentown Labs (Houston, TX) - $400,000
Gulf of Maine Research Institute (Portland, ME) - $669,433
Jackson Hole Center for Global Affairs (Jackson, WY) - $168,500
Michigan Technological University (Houghton, MI) - $400,000
Tampa Bay Wave (Tampa, FL) - $396,000
The Enterprise Institute (Brookings, SD) - $364,577
University of California, San Diego (La Jolla, CA) - $750,000
University of Kentucky (Lexington, KY) - $749,795
University of Nevada, Las Vegas (Las Vegas, NV) - $400,000
University of Texas Rio Grande Valley (Edinburg, TX) - $744,422

Click here for more about the Build to Scale program

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