Funding Opportunity

Fiscal Year 2023 Build to Scale (B2S) Program

Status: Closed
Application deadline
Closed. EDA is no longer accepting applications for funding under this program.

The U.S. Economic Development Administration (EDA) has published the Fiscal Year 2023 Build to Scale (B2S) program Notice of Funding Opportunity, making $50 million available to eligible entities to increase regional capacity to strengthen ecosystems that equitably and inclusively support diverse technology innovators, entrepreneurs, and startups. These regions are growing technology-driven businesses; creating high-skill, high-wage jobs; and building the industries of the future. The program aims to build regional economies through scalable startups via two competitions – the Venture Challenge and the Capital Challenge.

The Build to Scale program aims to:

  • facilitate access to knowledge, capital, and networks for entrepreneurial innovators to develop products and services using emerging technologies;
  • test and amplify new approaches for entrepreneur support organizations to create inroads for underrepresented innovators to join and create successful startup teams;
  • demonstrate how diverse and inclusive entrepreneurial ecosystems are integral to realizing equitable economic and job growth;
  • accelerate the growth of regional economies that are focused on industries of the future;
  • foster cross-sector partnerships necessary to bring innovations from the lab to the market through commercialization assistance; and
  • address structural barriers that prevent access to equity capital.

Historical

Grant link: https://sfgrants.eda.gov/s/funding-program/a2j3d00000010edAAA/2023-build-to-scale-program

Application Deadline: Friday, July 28, 2023, 11:59 pm ET