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$50 Million ‘Build to Scale’ Funding Opportunity Aims to Boost Technology Entrepreneur Ecosystems
The U.S. Economic Development Administration (EDA) is accepting applications for its FY24 $50 million Build to Scale program to support organizations that strengthen entrepreneurial ecosystems to support entrepreneurs as they build and scale technology-driven businesses—and the employees in the new, good jobs they create—to make and deliver new technology products and services. [Read Today’s Blog Post]
Build to Scale (B2S) grants fund programs that support innovators, entrepreneurs, and startups transforming ideas into the critical, emerging technologies of the future.
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build capacity for entrepreneurs and innovators to invent, improve, and bring to market new technology products and services;
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accelerate the growth of regional economies focused on industries of the future;
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empower communities to enable technology innovators and entrepreneurs to pilot and test their products and services; and
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equitably and inclusively increase access to capital for technology-enabled entrepreneurs.
EDA expects to make 40 to 50 awards, with expected award amounts spanning from the low hundreds of thousands of dollars up to $5 million.
The deadline to apply is 4:59 p.m. Eastern Time on October 28, 2024.
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