The Office of Investment and Innovation at the U.S. Small Business Administration manages the Small Business Investment Company, the Small Business Innovation Research and Small Business...
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Office of Investment and Innovation
SBA Growth Accelerator Fund Competition
$3 Million for High Tech, Small Business Focused Accelerators in 2019
Up to 60 winners will receive funding to boost economic impact of growth accelerators across the country
For the fifth year, the U.S. Small Business Administration (SBA) is launching the Growth Accelerator Fund competition for the nation's most innovative and promising small business accelerators and incubators to compete for monetary prizes of $50,000 each (up to 60 in total). Competition applicants may include accelerators, incubators, co-working startup communities, or other entrepreneurial ecosystem models. Applications can be submitted from June 10-June 20th. Information about the application requirements and process can be found at: www.sbir.gov/accelerators.
The 2019 Competition will focus on accelerators that work with high tech entrepreneurs that are potential Small Business Innovation Research (SBIR) or Small Business Tech Transfer (STTR) program applicants (www.sbir.gov). Applicants must also focus at least 60% of their efforts to support entrepreneurs in one of the following entrepreneur groups: women; socially and economically disadvantaged; located in Opportunity Zones; or located in states or territories that are underrepresented by SBIR/STTR awardees.
Several panels containing expert judges who are familiar with innovation and entrepreneurship support programs (e.g., incubators, accelerators), early-stage business financing models, startups, and new technologies will select the winners.