EDA is committed to fostering connected, innovation-centric economic sectors that support the conversion of research into products and services, businesses, and ultimately jobs through entrepreneurship.
See Section 2 7. Funding is available for capacity-building programs that provide proof-of-concept
and commercialization assistance to innovators and entrepreneurs 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:
• the 2019 i6 Challenge; and • the 2019 Seed Fund Support (SFS) Grant Competition.
Applicants must provide a matching share from non-Federal sources of at least 50 percent of the total project cost; i.e., applicants must match each Federal dollar requested with at least one dollar of local match.
See Section C.2 (p.
10) of this NOFO.