Opportunity Information: Apply for EDA B2S 2023
The FY2023 Build to Scale (B2S) Program is a discretionary funding 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 strengthen tech-based economic development efforts that lead to high-skill, high-wage job creation, expand economic opportunity, and help communities support the growth of the next generation of industry-leading companies. In practical terms, EDA is looking to fund organizations that help entrepreneurs and companies develop and commercialize emerging technologies, strengthen innovation ecosystems, and improve the supports that move ideas from research and prototypes into scalable businesses.
For FY2023, EDA is soliciting proposals under two separate competitions within Build to Scale: the 2023 Venture Challenge and the 2023 Capital Challenge. While the notice text in the excerpt does not detail the specific requirements of each challenge, the overall framing indicates that Venture Challenge awards typically focus on strengthening the "front end" of the innovation pipeline (such as accelerators, incubators, commercialization programming, proof-of-concept support, mentorship networks, and other ecosystem-building activities that help startups form and scale). The Capital Challenge generally aligns with efforts to expand access to risk capital and strengthen capital networks (for example, investor readiness programming, building or expanding investment networks, and strategies that improve the flow of capital to scalable technology ventures). Applicants should rely on the full Notice of Funding Opportunity (NOFO) for precise scopes, evaluation criteria, and required elements for each competition track.
This opportunity uses either grant or cooperative agreement funding instruments, meaning EDA may provide standard grant support or may remain more actively involved in the project through a cooperative agreement structure, depending on the award. The Catalog of Federal Domestic Assistance (CFDA) number listed is 11.024. EDA expected to make around 65 awards under this NOFO, with an award ceiling of $2,000,000 per award, indicating projects can be sizable and potentially multi-partner in nature. Because the program is about building scalable innovation capacity, competitive proposals typically emphasize measurable ecosystem outcomes, strong partnerships, and a clear plan to translate funding into durable regional innovation assets.
Eligibility is broad and includes state, county, and city or township governments; public and state-controlled institutions of higher education; private institutions of higher education; federally recognized Native American tribal governments; other tribal organizations; and nonprofit organizations both with and without 501(c)(3) status (as long as they otherwise meet eligibility requirements). The listing also includes an "Others" category, which signals that additional eligible entity types may be described in the NOFO. This mix of eligible applicants reflects the ecosystem nature of Build to Scale, where universities, nonprofits, and public agencies often collaborate to deliver entrepreneurship programming, commercialization services, and capital-access initiatives.
A major operational update in FY2023 is the transition to EDA's new grants management platform, the Economic Development Grants Experience (EDGE). EDA states that EDGE is intended to streamline the full lifecycle of grants management by consolidating processes into a single system and improving transparency, user experience, data quality, and administrative efficiency. Importantly, as of April 6, 2023, EDA stopped accepting applications through Grants.gov for this opportunity, and applications were to be submitted only through EDGE. The notice also provides a contact email (sfgrants@eda.gov) tied to the EDGE submission process and support.
Key timeline details from the source data include a creation date of June 1, 2023, and an original application closing date of July 28, 2023. Anyone preparing an application would need to confirm any updates, amendments, or extensions that may have been issued after the original posting, but the core takeaway is that Build to Scale is a competitive EDA program aimed at accelerating technology entrepreneurship and strengthening the systems that help startups scale, with up to $2 million available per award and submission handled through EDA's EDGE platform rather than Grants.gov.Apply for EDA B2S 2023
- The Department of Commerce, Economic Development Administration in the other (see text field entitled explanation of other category of funding activity for clarification) sector is offering a public funding opportunity titled "FY2023 Build to Scale Program" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 11.024.
- This funding opportunity was created on Jun 01, 2023.
- Applicants must submit their applications by Jul 28, 2023. (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 $2,000,000.00 in funding.
- The number of recipients for this funding is limited to 65 candidate(s).
- Eligible applicants include: State governments, County governments, City or township governments, Public and State controlled institutions of higher education, Native American tribal governments (Federally recognized), Native American tribal organizations (other than Federally recognized tribal governments), 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).
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