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A bureau within the U.S. Department of Commerce
OIE Background

Office of Innovation and
Entrepreneurship (OIE)

Economic Development Authority Of Western Nevada


Reno, NV

Project Name

Reno Angel Conference Seed Fund Organizational Development Project


Seed Fund Support

Award Amount

Federal Share

Non-Federal Share



To jumpstart the Reno and Northern Nevada seed investment ecosystem, the Economic Development Authority of Western Nevada (EDAWN) will launch an annual seed fund and investor conference to gather the greater region’s prominent investors and companies and to create a new private investment vehicle, the Reno Angel Conference Seed Fund, that will be funded and allocated annually to provide at least $1m in early-stage financing for the most promising local business startups emerging from the event each year. In five years, EDAWN expects to have supported the creation of 300 jobs, raised $4m in capital from 100 investors, and invested in 24 companies.