Capital Challenge

The Capital Challenge seeks to increase access to capital, particularly in regions where there is a limited supply of equity-based funding and a demonstrated opportunity to invest in innovative, technology-centric businesses within growing industry and technology clusters. 

The Capital Challenge provides operational support for:  

  • the formation, launch, or scale of investment funds that seek to invest their capital in scalable startups; 

  • organizations with a goal to expand capital deployment within a community, region, or regional industry (i.e. angel networks or investor training programs); 

  • programs that practice equity-based investing, whether through traditional or hybrid models, or support an initiative whose participants practice equity-based investing (in contrast to debt-based investing, which is not supported under the Capital Challenge); and 

  • deployment of investment capital into technology startups based on an investment thesis that clearly supports and foster the growth of a regional technology cluster.  

Under this Challenge, there are two funding levels – Form and Deploy – designed to support applicants in creating new funds and scaling existing funds and investment programs.

View Past ResourcesView Past Awardees