Opportunity Information: Apply for EDA HDQ OIE 2020
The 2020 Build to Scale Program - Concept Proposal is a competitive grant opportunity from the U.S. Department of Commerce, Economic Development Administration (EDA), run through EDA's Office of Innovation and Entrepreneurship. The program is designed to advance technology-based economic development by strengthening regional innovation initiatives that can accelerate high-quality job growth, expand economic opportunity, and help build the next generation of industry-leading companies. In practical terms, EDA is looking to support organizations that make innovation ecosystems work better by improving entrepreneurship, technology commercialization, and the pathways that move new technologies from research and development into the market. The program framework is tied to the Stevenson-Wydler Technology Innovation Act of 1980 (Section 27), which emphasizes geographically bounded efforts that increase the success and competitiveness of innovation-driven industries, speed commercialization, improve long-term regional resilience, leverage local competitive strengths, and increase full-time equivalent employment within innovation-based ventures.
This funding targets organizations that actively help companies develop and scale next-generation technologies. That can include groups working to unlock investment capital across a region or sector, operating accelerators or other business growth programs, building or expanding support systems for entrepreneurs (including the next generation of founders), and creating structures that make technology commercialization more effective. The opportunity is structured around three separate competitions, each aimed at a different part of the innovation pipeline: the Venture Challenge, the Capital Challenge, and the Industry Challenge. An applicant is allowed to apply to all three competitions, but can only submit one application per competition, meaning at most three submissions total if pursuing every track.
The application process begins with a required Concept Proposal step. Concept Proposals had to be submitted by March 24, 2020, and they were submitted electronically via email to applyB2S@eda.gov. EDA uses the Concept Proposal stage as a gatekeeper: only applicants that submit a Concept Proposal by the deadline can be considered later for a Full Application, and EDA will only review Full Applications from those invited after completing the Concept Proposal process. Applicants were directed to follow the specific Concept Proposal instructions and submission requirements laid out in Section D of the Notice of Funding Opportunity (NOFO), with the understanding that failure to follow those requirements could prevent advancement to the full application phase.
A major financial condition of the award is the cost share requirement. Projects must be supported by non-federal matching funds equal to at least 50 percent of the total project cost. In straightforward terms, for every federal dollar requested, the applicant must provide at least one dollar from eligible non-federal sources, resulting in a minimum 1:1 match. This matching share requirement is a core feature of the program and is intended to ensure strong regional commitment and leverage federal investment with local, state, philanthropic, or private-sector resources.
From a funding details standpoint, the opportunity is a discretionary grant under CFDA 11.020. The funding opportunity number is EDA HDQ OIE 2020, and it was posted February 18, 2020, with the original closing date of March 24, 2020 for Concept Proposals. The stated award ceiling is $1,500,000, and EDA anticipated making roughly 70 awards. Eligibility is described broadly in the source data as "Others" (with additional eligibility details referenced in the NOFO), which signals that applicants likely include a range of public, nonprofit, and other ecosystem-building organizations involved in regional innovation and entrepreneurship activities.
Overall, the Build to Scale Program is focused on strengthening innovation-led regional economies by funding scalable, place-based initiatives that can produce measurable outcomes such as new business formation and growth, stronger commercialization pipelines, increased access to capital, greater competitiveness in targeted industries, and durable job creation in innovation-based ventures. The Concept Proposal requirement, the three challenge tracks, and the 50 percent non-federal match together shape the program into a competitive, leverage-oriented investment aimed at expanding the capacity and performance of regional innovation systems.Apply for EDA HDQ OIE 2020
- The Department of Commerce in the other (see text field entitled explanation of other category of funding activity for clarification) sector is offering a public funding opportunity titled "2020 Build to Scale Program - Concept Proposal" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 11.020.
- This funding opportunity was created on Feb 18, 2020.
- Applicants must submit their applications by Mar 24, 2020. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $1,500,000.00 in funding.
- The number of recipients for this funding is limited to 70 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
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