
The U.S. Department of Commerce is dishing out $38 million in grants for an annual program that supports entrepreneurship and tech business growth across the nation.
The Economic Development Administration’s (EDA) Build to Scale (B2S) program, managed by EDA’s Office of Innovation and Entrepreneurship, awards these grants every year to tech-focused organizations that are working to create more economic opportunities. Applications for funding opened up on Feb. 23 and the deadline to apply for the program is April 29.
“For years, the Build to Scale program has strengthened regional innovation hubs through entrepreneurship and increased access to capital, growing businesses and jobs of the future,” said Dennis Alvord, acting assistant secretary of commerce for economic development, in a statement. “The Economic Development Administration is excited to build on these efforts with the 2021 program and looks forward to receiving applications from organizations across the country committed to implementing bold and important projects supporting entrepreneurship.”
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