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Find similar grantsEconomic Development Administration (EDA) Office of Innovation and Entrepreneurship (OIE) Program is sponsored by EDA. Empowers communities to launch companies, scale technologies, and create jobs through innovation.
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Established by the America COMPETES Reauthorization Act of 2010 and housed within the Economic Development Administration (EDA), the Office of Innovation and Entrepreneurship (OIE) aims to empower communities so that entrepreneurs can launch companies, scale technologies and create the jobs of tomorrow. OIE manages several grant competitions that support high-growth entrepreneurship, create jobs, and drive economic growth.
OIE collaborates across the federal innovation and entrepreneurship policy and program landscape and leads the National Advisory Council on Innovation and Entrepreneurship. The Build to Scale Program seeks to build regional economies through scalable startups.
EDA’s Office of Innovation and Entrepreneurship (OIE) leads the Build to Scale (B2S) Program which is authorized under Section 27 of the Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. § 3722).
Under the Build to Scale Program, EDA manages a portfolio of grant competitions that further technology-based economic development initiatives that accelerate high quality job growth, create more economic opportunities, and support the future of the next generation of industry leading companies.
To date, the Regional Innovation Strategies Program (now known as “Build to Scale”) has run six national competitions, soliciting more than 1,300 proposals from across the country and awarding $100 million in grants, matched by over $115 million in community dollars across 224 projects. Collectively, these grants have helped create over 14,200 jobs and driven more than $1.
6 billion in follow on investment capital into startups and new venture funds. EDA was appropriated $33 million for this program in 2020 and will release the new competition later this year. EDA also completed a program evaluation to determine whether the program is achieving its goals and to determine ways the program can improve.
The evaluation concluded that EDA’s implementation of the RIS Program “has provided critical funding that would have otherwise been impossible for participants to raise and access” and “should be continued as a vital catalyst for supporting state and regional innovation. ” For more information on each individual program and the overall program impacts, please view the executive summary and full reports below.
* Executive Summary (PDF) * Program Evaluation: Full report (PDF)
According to the current listing, eligibility includes: Innovators and entrepreneurs in various sectors. Confirm the full requirements in the official notice before applying.
Economic Development Administration (EDA) Office of Innovation and Entrepreneurship (OIE) Program is funded by EDA. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
On July 20, 2026, the EDA announced it intends to invest $169 million across six Regional Technology and Innovation Hubs — quantum, nuclear, critical minerals, biosecure manufacturing, pharmaceuticals, and forest bioproducts — after the Trump administration rescinded the Biden-era Phase 2 awards and reran the competition. Only two of the original winners survived. Here is the full breakdown of the six hubs, why four prior awardees were dropped, and what the re-award teaches regional coalitions about competing for the next round.
Read articleThe Economic Development Administration's Build to Scale program is level-funded at $50 million for FY2026 across two competitions — the Venture Challenge and the Capital Challenge. Both require a 1:1 match and reward regional coalitions that spent months building a pipeline before the NOFO dropped. Here's how the program actually works and how to be ready when it opens.
Read articleWhile founders chase fixed grant deadlines, the Economic Development Administration runs two flagship programs on a rolling basis — no application window, applications accepted until the money runs out. Here is how Public Works and Economic Adjustment Assistance work in FY2026, why the CEDS requirement is the real gate, and how communities should sequence an application.
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