FY2015 Regional Innovation Strategies Program

This Federal Funding Opportunity (FFO) announcement sets out the application submission and review procedures for the Economic Development Administration (EDA) Regional Innovation Strategies (RIS) Program.

Regional economic vitality is best accomplished through multi-stakeholder partnerships

credit:


and collaborations that draw upon public, corporate, university, nonprofit, and philanthropic resources.

Regional innovation and entrepreneurial ecosystems—which have a culture of idea generation, leadership, trust, openness to foraging new partnerships with disparate parties, entrepreneurial development, investment capital, and a large pool of accomplished managers—often fuel these partnerships and collaborations.

Robust, sustainable regional innovation ecosystems help drive national competitiveness.

EDA is committed to fostering connected, innovation-centric economic sectors which support commercialization and entrepreneurship.

The Department of Commerce (DOC) FY 2014-2018 Strategic Plan sets forth the strategic goal of working within and across ecosystems throughout the country to develop regional innovation strategies, including regional innovation clusters.

This comprises building public and private capacity to invent, improve, and commercialize new products and services.

Regional innovation strategies are a keystone of the Secretary of Commerce’s commitment to building globally competitive regions.

As part of this strategy, funding is available for capacity-building activities that include Proof of Concept Centers (POCCs) and Commercialization Centers (CCs) (as well as scaling of existing commercialization programs and centers) and for operational support for organizations that provide essential early-stage funding to startups.

Under the RIS Program, EDA is soliciting applications for two separate competitions:
(1) the 2015 i6 Challenge; and (2) Seed Fund Support (SFS) Grants.

Applicants may, but are not required to, submit proposals for more than one competition under the RIS Program.
Related Programs

Cluster Grants

Department of Commerce


Agency: Department of Commerce

Office: None

Estimated Funding: Not Available


Who's Eligible





Obtain Full Opportunity Text:
http://www.eda.gov/oie/ris/

Additional Information of Eligibility:
A State; An Indian tribe; A city or other political subdivision of a State; An entity that— (a) is a nonprofit organization, an institution of higher education, a public-private partnership, a science or research park, a Federal laboratory, or an economic development organization or similar entity, and (b) has an application that is supported by a State or a political subdivision of a State; or A consortium of any of the entities described above.

Full Opportunity Web Address:
http://www.eda.gov/oie/ris/

Contact:
Office of Innovation and Entrepreneurship

Agency Email Description:
oie@eda.gov

Agency Email:
oie@eda.gov

Date Posted:
2015-08-04

Application Due Date:
2015-10-05

Archive Date:
2015-11-04


Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.






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