SPRINT Challenge (Scaling Pandemic Resilience Through Innovation and Technology)
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:
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/
Focus Areas & Funding Uses
Fields of Work
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