Capital Challenge

To assist the nation with responding to and recovering from the coronavirus pandemic and the unique role that America’s innovators play in unlocking technologies to address the nation’s health, safety, and manufacturing needs, EDA is developing a CARES Act innovation and entrepreneurship challenge.

In the coming weeks, EDA will announce this exciting challenge and funding opportunity.

EDA is proud to support communities working to build businesses and jobs of the future, and encourages interested stakeholders to follow us on Twitter, LinkedIn, and Facebook and sign up for EDA’s newsletter to receive updates on our CARES Act work and the release of this exciting funding opportunity.

The FY20 Capital Challenge (formerly known as “Seed Fund Support”) seeks to increase access to capital in communities where risk capital is in short supply. View the FY20 Capital Challenge grantees here.

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)

The Capital Challenge may award up to $5 million in grants in FY2020.

Applicant Resources

Past Awards

• 2019 SFS • 2018 SFS • 2017 SFS • 2016 SFS • 2015 SFS • 2014 SFS

Updates

To stay up-to-date on the latest innovation and entrepreneurship program news, including announcements of any future funding opportunities, please check OIE's Highlights page regularly and sign up for EDA’s newsletter.