2021 Build to Scale Program
The summary for the 2021 Build to Scale Program grant is detailed below.
This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants.
Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact.
If any section is incomplete, please visit the website for the Department of Commerce, which is the U.S. government agency offering this grant.
2021 Build to Scale Program: EDA's Office of Innovation & Entrepreneurship is committed to furthering technology-based economic development initiatives that accelerate high quality job growth, create more economic opportunities, and support the future of the next generation of industry leading companies. To advance these goals, EDA awards grants through the Build to Scale Program for activities designed to develop and support regional innovation initiatives. EDA thereby advances the growth of connected, innovation-centric economies that increase job growth, enable the workforce of tomorrow, enhance global competitiveness, and foster global competitiveness through technology commercialization and entrepreneurship as described in Stevenson-Wydler Technology Innovation Act of 1980 (hereafter “Section 27”). The Build to Scale Program invites organizations who are aiding companies in developing the next generation of technologies to apply for funding. These organizations 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, and/or enabling technology commercialization. Under the Build to Scale Program, EDA is soliciting applications for two separate competitions:(1) the Venture Challenge,(2) the Capital Challenge Applicants must provide a matching share from non-Federal sources of at least 50 percent of the total project cost; i.e., applicants must match each Federal dollar requested with at least one dollar of local match.
Federal Grant Title: | 2021 Build to Scale Program |
Federal Agency Name: | Department of Commerce (DOC) |
Grant Categories: | Other (see text field entitled "Explanation of Other Category of Funding Activity" for clarification) |
Type of Opportunity: | Discretionary |
Funding Opportunity Number: | EDA-HDQ-OIE-2021-2006827 |
Type of Funding: | Grant |
CFDA Numbers: | 11.024 |
CFDA Descriptions: | Information not provided |
Current Application Deadline: | April 29th, 2021 |
Original Application Deadline: | April 29th, 2021 |
Posted Date: | February 23rd, 2021 |
Creation Date: | February 23rd, 2021 |
Archive Date: | May 29th, 2021 |
Total Program Funding: | $38,000,000 |
Maximum Federal Grant Award: | $1,500,000 |
Minimum Federal Grant Award: | $0 |
Expected Number of Awards: | 50 |
Cost Sharing or Matching: | Yes |
Last Updated: | February 25th, 2021 |
- Category Explanation
- Economic Development, Innovation and Entrepreneurship
- Applicants Eligible for this Grant
- State governments - County governments - City or township governments - Public and State controlled institutions of higher education - Native American tribal governments (Federally recognized) - Nonprofits having a 501 (c) (3) status with the IRS, other than institutions of higher education - Nonprofits that do not have a 501 (c) (3) status with the IRS, other than institutions of higher education - Private institutions of higher education - Others (see text field entitled "Additional Information on Eligibility" for clarification.)
- Additional Information on Eligibility
- Eligible applicants for EDA financial assistance under this NOFO include:• A State;• An Indian tribe;• A city or other political subdivision of a State;• An entity whose application is supported by a State or a political subdivision of a State and that is— a nonprofit organization,- an institution of higher education,- a public-private partnership,- a science or research park,- a Federal laboratory, - a venture development organization, or- an economic development organization or similar entity; or• A consortium of any of the immediately aforementioned entities. EDA is not authorized to provide grants or cooperative agreements to individuals under this Program. Requests from individuals will not be considered for funding.
- Link to Full Grant Announcement
- Information not provided
- Grant Announcement Contact
- [email protected]
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