Grant
September 14 - 18, 2020
- EDA announced 75 investments from September 14-18, 2020, totaling $94,038,232, which is matched by $61,208,969.13 in local investments. These investments include the following: (1) $44,045,904 in eight Economic Adjustment Assistance projects to help communities design and implement strategies to adjust or bring about change to their economy in response to structural damage to their underlying economic base, which includes six projects for $32,843,482 that will help create 832 jobs, save 406 jobs; and leverage $81,300,000 in private investments; (2) $1,600,000 in one Public Works project to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 237 jobs and save 934 jobs; (3) $34,926,905.50 in 52 Build to Scale projects to support entrepreneurship, acceleration of company growth, and increased access to risk capital across regional economies; (4) $13,000,050 in 11 Trade Adjustment Assistance for Firms projects to provide technical assistance to U.S. manufacturing and production firms affected by import competition; and (5) $465,373 in three Technical Assistance University Center projects to make the varied and vast resources of universities available to the economic development practitioner community.
- $44,045,904 in eight Economic Adjustment Assistance projects, matched by $10,364,749 in local investments, as follows:
- $23,872,076 in 2019 Disaster Supplemental funding, with no local match, to the Northern Marianas College, Saipan/Northern Saipan County, Northern Mariana Islands, to support the Northern Marianas College with the construction of two educational and workforce training facilities on Saipan, Northern Mariana Islands. The two new infrastructures will allow for academic and research dedicated to food science, plant biotechnology, entomology, and anthropometry, and the construction of a Workforce Development Training Center to help increase the creation of more employment opportunities, which can lead to higher personal incomes for the region’s workforce. Once completed, the project will support resiliency against future natural disasters, spur private investments, and provide long-term economic stability. The grantee estimates that this investment will help create 365 jobs, save 275 jobs, and leverage $13,500,000 in private investment.
- $10,214,022 in 2019 Disaster Supplemental funding, matched by $6,809,348 in local investment, to the Leon County Research and Development Authority, Tallassee/Leon County, Florida, to support the Leon County Research and Development Authority with infrastructure improvements to support the critical need for expansion of the innovation-centric economy in Leon County, Florida, an area hit hard by Hurricane Michael in 2018. The project will construct a 40,000 square foot high-tech incubator with redundant power supply at the Innovation Park of Tallahassee, to serve as a business continuity hub during power outages and to aid in the formation and expansion of technology businesses. Once completed, the project will promote resiliency, foster new manufacturing operations, train a workforce for new opportunities, and strengthen the regional economy.
- $3,000,000 in 2019 Disaster Supplemental funding, matched by $750,000 in local investment, to the Mission Economic Development Corporation, Mission/Hidalgo County, Texas, to support the Mission Economic Development Corporation with the construction of water and sewer improvements at the Shary Village Industrial Park, to allow expansion of the manufacturing sector in Hidalgo County, Texas. The project will strengthen the community’s resiliency against future natural disaster by improving an array of significant physical and economic infrastructures, which will bolster job creation, attract private investment, and enhance economic growth throughout the region. The grantee estimates that this investment will help create 300 jobs and leverage $57,300,000 in private investment.
- $2,956,849 in 2019 Disaster Supplemental funding, matched by $2,051,761 in local investment, to the City of Marshalltown/Marshall County, Iowa, to support the City of Marshalltown with road and sewer infrastructure improvements to fill the critical need for truck traffic re-routing near a designated Opportunity Zone in Marshall County, Iowa, an area hit hard by a tornado in 2018. The project will design, engineer, and extend Edgewood Street, to include the installation of sanitary sewer, watermain, and retention basins, which will help provide flood protection and safer access to industrial areas of the city. Once completed, the project will mitigate the effects of future natural disasters, promote community resiliency, and strengthen the regional economy. The grantee estimates that this investment will help create 105 jobs.
- $1,271,432 in Assistance to Coal Communities, matched by $317,858 in local investment, to the City of Wartburg, Wartburg/Morgan County, Tennessee, to support the City of Wartburg with replacing an old decommissioned wastewater treatment facility and installing a new wastewater collection system in Morgan County, Tennessee. The new system will provide service for the former Brushy Mountain State Prison and support tourism in the region. Once completed, the project will create jobs, increase economic resiliency, and attract private investment to an area that has been impacted by the decline in the coal industry. The grantee estimates that this investment will help create 30 jobs, save 50 jobs, and leverage $4,000,000 in private investment.
- $1,224,725 in 2019 Disaster Supplemental funding, matched by $306,182 in local investment, to Carlton County, Minnesota, to fund construction of a commercial-sized airplane hangar to accommodate the expansion of a private aviation business at the Carlton County Airport in Carlton, Minnesota, a designated Opportunity Zone. The proposed hangar will have capacity for one twin-engine turbine plane and three single-engine planes. The project will also include construction of six offices, six training rooms, and a conference space in a two-level facility. The facility will not only house aircraft but will also be the base location for an aeronautics workforce training center and a Fixed Base Operator. The project will help to aid Carlton County's recovery and build resiliency after a 2018 flooding and will boost an emerging aeronautics cluster in Northeast Minnesota, which will strengthen the regional economy. The grantee estimates that this investment will help create 32 jobs, save 6 jobs, and leverage $3,500,000 in private investment.
- $988,400 in Assistance to Coal Communities, with no local match, to the Northwest New Mexico Council of Governments, Gallup/McKinley County, New Mexico, to support phase II of the Building Resilient Communities in Northwest New Mexico program, which helps local governments and tribal entities diversify their economic base in response to several major coal industry closures in McKinley County, New Mexico, a designated Opportunity Zone. The project will assist the Northwest New Mexico Council of Governments with completing several design and planning studies to encourage new industrial private investment, and will provide technical assistance to local governments, as well as the Navajo Nation and Pueblo of Zuni tribes. Once implemented, this project will build upon the success of a prior EDA investment in the region and will leverage the strength of regional industry clusters to promote higher-wage jobs in northwest New Mexico.
- $518,400 in 2019 Disaster Supplemental funding, matched by $129,600 in local investment, to the City of Iowa Falls, Iowa Falls/Hardin County, Iowa, to support the City of Iowa Falls with water infrastructure improvements to fill the critical need for flood protection to mitigate the effects of the disastrous 2019 spring flooding in Hardin County, Iowa. The project will raise a wellhead, tanks, vents, and electrical equipment, and will install removable, temporary, and permanent flood barriers, which will ensure essential water services during future flooding events. Once completed, the project will help retain existing businesses, increase systems resiliency, promote manufacturing, and strengthen the regional economy. The grantee estimates that this investment will help save 75 jobs and leverage $3,000,000 in private investment.
- $1,600,000 in one Public Works project matched by $2,905,875 in local investment, as follows:
- $1,600,000, matched by $2,905,875 in local investment, to the District Board of Trustees of Pensacola State College/Santa Rosa County Board of Commissioners, Pensacola/Escambia County, Florida, to fund construction of a truck driving facility to meet the growing industry needs for highly trained CDL truck drivers in Escambia County, Florida. The development of the workforce training facility will meet the regional demands for increasing freight transportation services by offering students with usable space for up-to-date instruction, simulation and on-the-road training. Once completed, the project will help upskill the region’s workforce by providing a pipeline of trained CDL truck drivers, which will bolster workforce development, retain and create jobs, attract private investment, and advance economic resiliency throughout the region. The grantees estimate that this investment will help create 237 jobs and save 934 jobs.
- $34,926,905.50 in 52 Build to Scale projects, matched by $44,348,879.50 in local investments, as follows:
- $1,500,000, matched by $2,105,499 in local investment, to the William Marsh Rice University, Houston/Harris County, Texas, to fund the Accelerator Hub at The Ion: Scaling Sustainable Ventures to Support Innovation in the Houston and Houston-Galveston Area. The project will create an Accelerator Hub that provides three complementary accelerator programs that include community-building events; education related to business planning, development and strategy; mentorship and networking opportunities. When combined, these three programs nurture and sustain a robust, holistic, and diverse accelerator community, and provide more collaborations, stronger synergies, and greater impact among accelerator, academic, industry, and community stakeholders in Houston’s innovation economy.
- $1,500,000, matched by $1,837,602 in local investment, to the BioSTL, Saint Louis/Saint Louis County, Missouri, to fund the Center for Defense Medicine to accelerate the path to market for early-stage defense medicine technologies by evaluating, de-risking, and advancing their commercial viability. The program will open new pathways to proof of concept and commercialization funding for emerging medical/health/tech companies in Saint Louis, Missouri.
- $1,500,000, matched by $1,500,000 in local investment, to the Boise State University, Boise/Ida County, Idaho, to fund the South Idaho Design-Prototype Center Product Development Laboratory Enhancement Project. The project will entail the enhancement of a product design laboratory and prototype center to support entrepreneurial business enterprises in Boise, Idaho.
- $1,492,215, matched by $1,756,000 in local investment, to the Baylor University, Waco/McLennan County, Texas, to fund the Baylor University Lab to Market Collaborative at Baylor University in Waco, Texas, to provide an opportunity to accelerate the planned L2M scaling to ensure high-skill positions are established, fostered, and grown in the Greater Waco area.
- $1,490,771, matched by $1,778,416 in local investment, to the New Orleans Bio-Innovation Center, Inc., New Orleans, Louisiana, to fund the Louisiana Biotechnology Commercialization Accelerator: a program to help regional innovators build the next generation of industry-leading biotechnology companies to accommodate an increase in research and development activity and adapt to the new challenges facing the South Louisiana region.
- $1,488,083, matched by $1,488,083 in local investment, to the Delaware Innovation Space, Inc., Wilmington/New Castle County, Delaware, to fund the Hard Science Startup Accelerator program, to deliver intensely focused mentoring, coaching, and training across the full spectrum of the hard science start-up lifecycle. The dual lack of physical lab space and expert business mentorship and training is an oft-cited hurdle to the ultimate success of budding entrepreneurs in the hard sciences. The program will provide science entrepreneurs with access to structured programs that will improve their business concepts and plans.
- $1,472,212.50, matched by $1,783,850 in local investment, to the Halcyon House, Washington, DC, to fund the Halcyon Opportunity Intensives, to source and fund the most promising social entrepreneurs, and thereby help them take their tech or tech-enabled products to market. The project will support entrepreneurial business enterprises and drive economic growth in the local region.
- $1,391,763, matched by $1,391,763 in local investment, to the Starburst Accelerator, LLC, El Segundo/Providence County, CA, to fund the Los Angeles Area Aerospace Ventures Accelerator Enhancement Project, to support entrepreneurial business enterprises in the aerospace technologies industry.
- $1,342,042, matched by $897,976 in local investment, to the University of Texas Rio Grande Valley, Edinburg/Hidalgo County, Texas, to fund the Creating a Vibrant Regional Innovation and Entrepreneurial Ecosystem program, to provide detailed applicant assessment, training and education, technical assistance and the development of a comprehensive resource networking system that will serve the entire four-county region in Edinburg, Texas.
- $1,297,981, matched by $1,303,690 in local investment, to the First Flight Venture Center, Inc., Durham/Durham County, North Carolina, to fund the Hangar6, an advanced prototyping facility - Supercharging design, prototype and build, to advance the prototyping resource infrastructure, streamline services design, prototyping, equipment, staff time and continue to minimize costs for high-growth companies and businesses in the manufacturing sector in Durham, North Carolina.
- $1,287,896, matched by $1,518,104 in local investment, to the mHUB, Chicago, Illinois, to fund the 360-Degree Innovation Ecosystem for Hardtech and Physical Product Innovation at mHUB in Chicago, Illinois, to support startup/small-to-medium enterprise manufacturers to innovate new hard tech and physical products through research and development assistance to move their products from concept to the marketplace quicker.
- $1,000,688, matched by $7,021,102 in local investment, to the Massachusetts Technology Development Corporation, Boston, Massachusetts, to fund the START Expansion project, to create an innovation orchard with substantially more technical assistance and a Commercialization Academy to convert SBIR/STTR research to jobs and businesses in Boston, Massachusetts.
- $982,443, matched by $1,096,741 in local investment, to the Roanoke-The Blacksburg Innovation Network, Blacksburg/Montgomery County, Virginia, to fund the Growing our Innovation Ecosystem: Scaling the Success of the Regional Accelerator and Mentoring Program, to support scalable startups in technology and health and life sciences across the state of Virginia. The project would focus on activities in four key areas: Startup Pathways, Scaling the Accelerator-in-Residence Program, Enhanced Support for Later-Stage Startups, and Resource Development and Research.
- $600,000, matched by $903,265 in local investment, to the Los Alamos Commerce Development Corporation, Los Alamos/Los Alamos County, New Mexico, to fund the New Mexico Lab Embedded Entrepreneur Program, or NM LEEP, an initiative proposed in partnership among Los Alamos Commerce and Development Corporation, Los Alamos National Laboratory, Sandia National Laboratories with Central New Mexico Community College to bridge the wide gap between technology-innovation capacity and high-tech business growth within the state. The program will recruit and launch five innovators to build and scale national security-focused solutions in New Mexico that serve the evolving technology-product needs of the private and public sectors.
- $600,000, matched by $600,000 in local investment, to the University of Kentucky, Lexington/Fayette County, Kentucky, to fund the Launch Blue-Launching Nationally Competitive Kentucky Startups program, to launch nationally competitive Kentucky startups to empower and equip them to succeed at the next level. Launch Blue's paramount impact metric is the placement of portfolio companies in national seed-stage accelerator programs that provide industry-specific expertise, networks, resources, talent, capital, and exposure that startups will need to reach scale and marketplace disruption.
- $600,000, matched by $600,000 in local investment, to the Invest Nebraska Corporation, Lincoln/Lancaster County, Nebraska, to fund the Combine, a statewide initiative led by Invest Nebraska Corporation that provides commercialization curriculum aimed at building high-growth, precision agriculture businesses in combination with mentorship. The project is to cultivate precision ag advancement in Nebraska by assisting entrepreneurs through an improved commercialization curriculum that better integrates and leverages the service area's natural strength of producers and existing corporations.
- $600,000, matched by $600,000 in local investment, to the Washington Maritime Blue, Bothell/King County, Washington, to fund the Puget Sound Region Blue Economy Regional Collaboration Initiative, to develop a maritime industry cluster to support entrepreneurial business enterprises engaged in the creation of innovative products and services.
- $600,000, matched by $600,000 in local investment, to the Cleveland Water Alliance, Cleveland/Cuyahoga County, Ohio, to fund the Blue Economy Innovation Initiative, to establish a robust, systematic testbed infrastructure for prototyping, testing, piloting and launching innovative water technologies and processes within the natural environment.
- $600,000, matched by $600,000 in local investment, to the University of South Dakota, Vermillion/Clay County, South Dakota, to fund the Technology Readiness Acceleration Center: TRAC at the University of South Dakota (USD). TRAC, a partnership between USD and Sanford Health, is a new multi-institution technology commercialization center that supports entrepreneurship, startup creation and company growth. TRAC's purpose is to grow the region's economy and workforce through expert-led support.
- $600,000, matched by $600,999 in local investment, to the University of Utah, Salt Lake City/Salt Lake County, Utah, to fund the Sorenson Project DEEP (Developing Equitable Economies Program), a technology-based initiative designed to establish a theory and proof of concept for economic development driven by gender and race equity, entrepreneurship, and innovation. The program works in tandem with the Sorenson Equitable Economic Development (SEED) Fund, which directly provides capital to businesses founded by black, indigenous, and people of color (BIPOC) and women.
- $599,998, matched by $616,790 in local investment, to the Cleveland State University, Cleveland/Cuyahoga County, Ohio, to fund the Entrepreneurial Manufacturer Digitization Support Center of Excellence, to bring state-of-the-art digital manufacturing tools to small manufacturers, specifically Tier 2 and Tier 3 suppliers, in the greater Cleveland metropolitan region.
- $599,969, matched by $602,910 in local investment, to the Central Maine Growth Council, Waterville/Kennebec County, Maine, to fund the Dirigo Labs: Fostering Innovation and Collaboratively Supporting Maine-based Entrepreneurs, to stimulate the establishment and growth of technology-based start-ups in mid-Maine, focusing on Maine-based, high-growth industry sectors including: bioeconomy, information technology, financial services, and innovation within Maine's legacy industries of precision manufacturing and blue economy, which extends to emerging environmental technologies in marine and aquaculture clusters.
- $599,934, matched by $601,359 in local investment, to the Oregon State University, Convallis/Benton County, Oregon, to fund the Oregon Coast Blue Economy Marine Technologies Rapid-Prototyping and Ecosystem Development Project, to develop an innovation ecosystem to build capacity of entrepreneurial business enterprises to contribute to a strong maritime industry.
- $599,385, matched by $602,762 in local investment, to the Baton Rouge Health District, Baton Rouge/East Baton Rouge Parish, Louisiana, to fund the Baton Rouge Health-Tech Catalyst at Baton Rouge Health District in Baton Rouge, Louisiana, to create a united regional economic development engine by leveraging clustered anchor institutions and establishing three complementary program tracks including: a launchpad, innovation challenges, and coordinated economic development.
- $599,053, matched by $604,652 in local investment, to the Bering Sea Fisherman’s Association, Anchorage, Alaska, to fund the Blue Pipeline Venture Studio Cluster Development Project, to develop a business incubation program to support innovative entrepreneurial business enterprises.
- $598,152, matched by $598,284 in local investment, to the University System of New Hampshire, Durham/Strafford County, New Hampshire, to fund the Enhancing Economic Opportunity for Isolated Coastal and Island Communities through Resilient Energy-Water Microgrid Systems. The project supports energy-water microgrid (EWM) systems.
- $597,425, match by $606,242 in local investment, to the New England Aquarium Corporation, Boston/Suffolk County, Massachusetts, to fund the BlueSwell Incubator Program, to become one of New England's top clusters, supported by Greater Boston's deep capabilities in both venture innovation and ocean related research. By supporting early founders in areas including offshore renewable energy, fisheries/aquaculture, shipping/ports, ocean observing/sensing, resilient waterfronts and marine pollution, the cluster can drive regional investment and STEM and working-class job growth.
- $594,190, matched by $729,350 in local investment, to the University of Maryland-Baltimore County, Baltimore/Baltimore County, Maryland, to fund the Maryland New Venture Fellowship for Cybersecurity, to provide a scaffold upon which cybersecurity companies can be built across the Maryland region by creating synergistic teams of graduate student "Fellows", entrepreneurial mentors, and faculty from Maryland universities. These teams will translate technologies developed to secure information systems, utilities, infrastructure and supply chains.
- $578,884, matched by $579,146 in local investment, to the Governors State University, University Park/Will County, Illinois, to fund funds the operation of the Supply Chain Innovation Center and Business Incubator, an Illinois Innovation Network hub on Governors State University campus, to foster supply chain and logistics innovation in the Chicago Southland through consulting, training, and mentoring services provided to entrepreneurs, startups, and small businesses in the region.
- $538,425.50, matched by $538,425.50 in local investment, to the University of Wisconsin System, Platteville/Grant County, Wisconsin, to fund the Innovation Driving Entrepreneurship Accelerator - IDEA Hub of Southwestern Wisconsin, to harness the innovation, science, technology, engineering, math (STEM) capacity of the University of Wisconsin-Platteville and the strong regional economic development network of Southwestern Wisconsin Regional Planning Commission (SWWRPC) to strengthen scalable technology entrepreneurship across the rural region between Madison, WI and Dubuque, IA, by developing a pipeline of entrepreneurs, accelerating ventures into scalable tech businesses, and inspiring a culture of innovation.
- $525,472, matched by $762,411 in local investment, to the Iowa Innovation Corporation, Des Moines/Polk County, Iowa, to fund the Iowa Go to Market (G2M) Program, a partnership between the Iowa Innovation Corporation, the Iowa State University Startup Factory, and VentureNet Iowa.
- $512,556, matched by $517,994 in local investment, to the Maine Center for Enterprise Development, Portland/Cumberland County, Maine, to fund the Maine Bioscience Cluster Initiative, to support the growth and success of Maine's bioscience industry from idea initiation, through startup, initial funding, and talent development.
- $469,150, matched by $512,000 in local investment, to the Strategic Economic Development Corporation of the Mid-Willamette Valley, Salem/Marion County, Oregon, to fund the Northwest Ag Innovation Hub Cluster Development Project, to develop an innovation ecosystem to support the agricultural technology cluster in Salem, Oregon.
- $300,474, match by $840,435 in local investment, to the Patrick Henry Community College, Martinsville/Henry County, Virginia, to fund the Innovate, Design, Engineer, Accelerate (IDEA) to Support Entrepreneurial Growth at Patrick Henry Community College in Martinsville, Virginia, to implement proven solutions to support entrepreneurship and accelerate company growth in its rural service region through building the resources and capabilities of the IDEA Center.
- $300,000, matched by $433,650 in local investment, to the Slater Technology Fund, Inc., Providence/Providence County, Rhode Island, to fund the Translational Ventures a Regional Innovation Initiative, to support high growth, seed stage technology companies commercializing translational research from Brown University. The project will increase the region's innovation by building its capacity to create intellectual.
- $328,542, matched by $328,542 in local investment, to the University of California-San Diego, LaJolla/San Diego County, California, to fund the StartBlue Blue Economy Accelerator Development Project, to develop a business accelerator to support entrepreneurial business enterprises in the maritime technology industry.
- $300,000, matched by $358,072 in local investment, to the Access Ventures, Inc., Louisville/Jefferson County, Kentucky, to fund the Render Capital, to provide a dependable pool of first-risk capital to innovative startup ideas with the goal of catalyzing an enduring community of support comprised of mentorship, large corporate assistance, and financial resources.
- $300,000, matched by $300,000 in local investment, to the Rutgers State University, Newark/Essex County, New Jersey, to fund the Black and Latino Technology Angel Investment Fund of New Jersey at the Center for Urban Entrepreneurship and Economic Development at Rutgers University (Rutgers CUEED), which is a world-class research-driven, teaching and practitioner-oriented entrepreneurship and economic development institute, committed to: 1) catalyzing the economy of the City of Newark (NJ), and other urban centers; 2) creating wealth and jobs; and 3) being a model for all urban universities.
- $300,000, matched by $300,000 in local investment, to the Opportunity Alabama, Inc., Birmingham/Jefferson County, Alabama, to fund the Building Alabama's Localvesting Ecosystem (BuildAL) Initiative, focused on building an equity funding ecosystem to support placemaking (real estate deals) and operating businesses with a particular focus on Alabama's 158 Opportunity Zones.
- $300,000, matched by $300,000 in local investment, to the XLR8X, Honolulu/Honolulu County, Hawaii, to fund the XLR8 Seed Fund Innovation Capital Ecosystem Development Project, to develop a seed capital fund to support innovative entrepreneurial business enterprises.
- $300,000, matched by $300,000 in local investment, to the Coastal Enterprises, Inc., Brunswick/Cumberland County, Maine, to fund the Catalyst Fund: Early Equity Capital to Grow Maine's Food Economy, to provide innovative, early stage equity capital to food system businesses with the potential for high growth, job creation, and positive environmental and social impacts.
- $300,000, matched by $300,000 in local investment, to the Pennsylvania Economy League, Inc., Philadelphia/Philadelphia County, Pennsylvania, to fund the Impact Capital Accelerator: Forging a More Equitable Economy for Greater Philadelphia, to forge a more equitable business landscape for the Greater Philadelphia regional economy.
- $300,000, matched by $300,000 in local investment, to the Bionexus KC, Kansas City/Jackson County, Missouri, to fund the KC Nexus Proof of Concept Fund, to invest in human and animal health innovations to improve healthcare and address emerging threats. The Fund will identify and advance early-stage technologies addressing disease surveillance, diagnosis and tracking across species and support innovations improving personal safety, safer food, safer personal interaction and enabling improved healthcare delivery and modalities.
- $300,000, matched by $300,000 in local investment, to the Element 8, Seattle/King County, Washington, to fund the E8 Cleantech Fund Development Project, to develop a seed capital fund to support innovative entrepreneurial business enterprises in the cleantech industry.
- $299,703, matched by $299,703 in local investment, to the Clean Energy Trust, Chicago/Cook County, Illinois, to fund the Structured Fundraising Program for Clean Energy Trust's (CET) Portfolio Companies, to improve and expand the program to engage venture investors and enable CET’s portfolio of early-stage companies to raise additional capital in order to address the capital gap that exists in the cleantech space.
- $299,651, matched by $357,678 in local investment, to CO.LAB, Chattanooga/Hamilton County, Tennessee, to fund the Chattanooga Regional Catalyst Fund - Supporting High Growth Scalable Startups, a regional evergreen fund focused on directly addressing the early-stage funding gap in southeast Tennessee by connecting entrepreneurs with expertise, resources, and the community.
- $292,023, matched by $292,800 in local investment, to Emory University, Atlanta/Fulton County, Georgia, to fund the Biolocity Ventures Capital Challenge, to support scalable start-ups with the ability to impact human health and of sustaining this impact through reinvestment into the Fund's corpus.
- $289,579, matched by $423,734 in local investment, to the Equity 2, LLC, Kansas City/Jackson County, Missouri, to fund the Social Enterprises for Economic Development Fund (SEED Fund), to increase seed and early stage equity capital for social entrepreneurs in the Kansas City bi-state region. The SEED Fund will invest in scalable, purpose-driven businesses seeking $100,000 or less in capital.
- $285,000, matched by $285,000 in local investment, to the Greater Colorado Venture Fund GP, LLC, Telluride/San Miquel County, Colorado, to fund the Greater Colorado Venture Fund, to be a catalyst for the Startup Revolution 2.0, spreading entrepreneurship to create opportunity and build sustainable communities in Rural America.
- $299,396, matched by $300,000 in local investment, to the Seed Spot, Phoenix/Maricopa County, Arizona, to fund the Phoenix Area Angel Investor Ecosystem Development Project, to develop an angel investor ecosystem to support the development of educational and scientific technology-based products.
- $297,500, matched by $297,500 in local investment, to the Rhode Island Bio, Providence/Providence County, Rhode Island, to fund the RI Bio Network Program to commercialize and expand life science start-up activity in Rhode Island's entrepreneurial ecosystem. The project will permit RI Bio to progress its suite of business and technical assistance that has been provided to the state life science community since 2013.
- $176,350, matched by $176,350 in local investment, to the Casper Area Economic Development Alliance, Inc., Casper/Natrona County, Wyoming, to fund the Advance Casper's Casper Opportunity Fund Project, to catalyze deployment of three tiers of early-stage capital in Qualified Opportunity Zones (QOZs) in the Casper Metro region and throughout the State of Wyoming. Advance Casper will partner with Breakthrough 307 (BT 307), Ride for 8 Venture Capital, the University of Wyoming (UW) Wyoming Technology Business Center (WTBC), and other public, private, and non-profit partners to administer, market, and vet three complimentary investment funds to be headquartered in Casper.
- $13,000,050 in 11 Trade Adjustment Assistance for Firms projects, matched by $3,119,661.63 in local investments, to provide technical assistance to U.S. manufacturing and production firms affected by import competition in order to help them develop and implement projects to regain global competitiveness, increase profitability and create jobs, as follows:
- $1,391,229, matched by $263,357 in local investment, to the University of Southern California, Los Angeles/Los Angeles County, California, to fund the activities of the Western Trade Adjustment Assistance Center, which serves import-impacted firms located in Arizona, California, Hawaii, and Nevada, to strengthen their competitiveness in the worldwide marketplace.
- $1,345,118, matched by $560,007 in local investment, to the Mid-Atlantic Employers’ Association, King of Prussia/Montgomery County, Pennsylvania, to fund the activities of the Mid-Atlantic Trade Adjustment Assistance Center, which serves import-impacted firms located in Delaware, Maryland, Pennsylvania, Virginia, West Virginia, and District of Columbia, to strengthen their competitiveness in the worldwide marketplace.
- $1,280,976, matched by $105,623 in local investment, to the University of Texas at San Antonio, San Antonio/Bexar County, Texas, to fund the activities of the Southwest Trade Adjustment Assistance Center, which serves import-impacted firms located in Arkansas, Louisiana, Oklahoma, New Mexico, and Texas, to strengthen their competitiveness in the worldwide marketplace.
- $1,264,044, matched by $392,384.03 in local investment, to the Regents of the University of Colorado, Boulder/Boulder County, Colorado, to fund the activities of the Rocky Mountain Trade Adjustment Assistance Center, which serves import-impacted firms located in Colorado, Montana, North Dakota, South Dakota, Utah, and Wyoming, to strengthen their competitiveness in the worldwide marketplace.
- $1,221,560, matched by 395,658 in local investment, to the Georgia Tech Research Corporation, Atlanta/Fulton County, Georgia, to fund the activities of the Southeastern Trade Adjustment Assistance Center, which serves import-impacted firms located in Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee, to strengthen their competitiveness in the worldwide marketplace.
- $1,217,751, matched by $58,255 in local investment, to the Trade Task Group, Seattle/King County, Washington, to fund the activities of the Northwest Trade Adjustment Assistance Center, which serves import-impacted firms located in Alaska, Idaho, Oregon, and Washington, to strengthen their competitiveness in the worldwide marketplace.
- $1,137,801, matched by $132,344 in local investment, to the University of Missouri System, Columbia/Boone County, Missouri, to fund the activities of the Mid-America Trade Adjustment Assistance Center, which serves import-impacted firms located in Iowa, Kansas, Missouri, and Nebraska, to strengthen their competitiveness in the worldwide marketplace.
- $1,106,022, matched by $371,207 in local investment, to the Regents of the University of Michigan, Ann Arbor/Washtenaw County, Michigan, to fund the activities of the Great Lakes Trade Adjustment Assistance Center, which serves import-impacted firms located in Indiana, Michigan, and Ohio, to strengthen their competitiveness in the worldwide marketplace.
- $1,065,085, matched by $339,000 in local investment, to the New England Trade Adjustment Assistance Center, Inc., North Billerica/Billerica, Massachusetts, to fund the activities the activities of the New England Trade Adjustment Assistance Center, which serves import-impacted firms located in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont, to strengthen their competitiveness in the worldwide marketplace.
- $1,019,124, matched by $286,386.60 in local investment, to the Applied Strategies International Ltd., Chicago/Cook County, Illinois to fund the activities of the Midwest Trade Adjustment Assistance Center, which serves import-impacted firms located in Illinois, Minnesota, and Wisconsin, to strengthen their competitiveness in the worldwide marketplace.
- $951,290, matched by $215,440 in local investment, to the Research Foundation for the State University of New York, Binghamton/Broome County, New York, to fund the activities of the Trade Adjustment Assistance Center, which serves import-impacted firms located in New York, New Jersey, and the Commonwealth of Puerto Rico, to strengthen their competitiveness in the worldwide marketplace.
- $465,373 in three Technical Assistance University Center projects, matched by $469,804 in local investments, to support a five-year University Center (UC) program, which is a competitively-based partnership between EDA and academic institutions that makes the varied and vast resources of universities available to the economic development practitioner community.
- $44,045,904 in eight Economic Adjustment Assistance projects, matched by $10,364,749 in local investments, as follows: