SPRINT Challenge (Scaling Pandemic Resilience Through Innovation and Technology)

Q: When is the deadline for SPRINT Challenge (Scaling Pandemic Resilience Through Innovation and Technology)?

This grant has a rolling deadline or the deadline has not been announced.

Foundation One-time Grants for Startups Workforce Development Grants Economic Services Grants Grants for Minority-Owned Businesses

Funding Amount

$200,000 - $750,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

SPRINT Challenge

Amount: $200,000 - $750,000 per award

Status: Completed (awards announced April 2021)

Geographic Scope: United States (25 states and Puerto Rico)

Focus Areas:

Pandemic response through innovation and entrepreneurship

Biotechnology and health security

Safe business reopening

Workforce upskilling

Entrepreneurship and economic resilience

Funder: U.S. Economic Development Administration (EDA), authorized through the CARES Act

Administrator: EDA's Office of Innovation and Entrepreneurship (OIE)

Description: The SPRINT Challenge was launched to harness America's entrepreneurial potential to address the economic, health, and safety risks caused by the coronavirus pandemic through entrepreneurship and innovation.

Eligible Applicants: Nonprofits, higher education institutions, and entrepreneurship-focused organizations

Selection Criteria: Demonstrated alignment with region's economic development priorities

NMCC Award: New Mexico Community Capital was one of 44 organizations awarded funding (received $200,000-$750,000 range, specific amount not specified)

Competition Scale: Selected from pool of 238 applicants

Matching Funds: Awardees leveraged approximately $9 million in additional matching funds from various private and public sector sources

Contact: EDA Public Affairs Department, (202) 482-4085

Reference: https://eda.gov/oie/sprint/