FY 2020 SPRINT Challenge

The summary for the FY 2020 SPRINT Challenge 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.
FY 2020 SPRINT Challenge: EDA provides strategic investments on a competitive merit basis to support economic development, foster job creation, and attract private investment in economically distressed areas of the United States. Under this NOFO, EDA solicits applications for investments that support regional innovation economies to address the economic, health, and safety risks caused by the coronavirus pandemic through entrepreneurship and innovation.
Federal Grant Title: FY 2020 SPRINT Challenge
Federal Agency Name: Department of Commerce (DOC)
Grant Categories: Business and Commerce Community Development Other (see text field entitled "Explanation of Other Category of Funding Activity" for clarification) Regional Development
Type of Opportunity: Discretionary
Funding Opportunity Number: EDA-HDQ-OIE-2020-2006705
Type of Funding: Grant
CFDA Numbers: 11.307
CFDA Descriptions: Information not provided
Current Application Deadline: December 3rd, 2020
Original Application Deadline: December 3rd, 2020
Posted Date: October 14th, 2020
Creation Date: October 14th, 2020
Archive Date: January 2nd, 2021
Total Program Funding: $25,000,000
Maximum Federal Grant Award: $750,000
Minimum Federal Grant Award: $0
Expected Number of Awards: 100
Cost Sharing or Matching: Yes
Last Updated: October 13th, 2020
Category Explanation
Economic Development
Applicants Eligible for this Grant
Others (see text field entitled "Additional Information on Eligibility" for clarification.)
Additional Information on Eligibility
Under the FY 2020 SPRINT Challenge, EDA is not authorized to provide grants or cooperative agreements to individuals or for-profit entities. Requests from such entities will not be considered for funding. Eligible applicants for EDA financial assistance include a(n): (i) District Organization of an EDA-designated Economic Development District; (ii) Indian Tribe or a consortium of Indian Tribes; (iii) State, county, city, or other political subdivision of a State, including a special purpose unit of a State or local government engaged in economic or infrastructure development activities, or a consortium of political subdivisions; (iv) institution of higher education or a consortium of institutions of higher education; or (v) public or private non-profit organization or association acting in cooperation with officials of a political subdivision of a State.
Link to Full Grant Announcement
OIE website
Grant Announcement Contact
EDA Office of Innovation and Entrepreneurship
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