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SBA Announces $5.4 Million in Prizes to Support Inclusive Entrepreneurship in the Innovation Ecosystem

SBA Announces $5.4 Million in Prizes to Support Inclusive Entrepreneurship in the Innovation Ecosystem

SBA Announces $5.4 Million in Prizes to Support Inclusive Entrepreneurship in the Innovation Ecosystem

The 2021 competition featured 84 winners for the Growth Accelerator Fund Competition (GAFC) and eight winners for the SBIR Catalyst competition, a new component aimed at spurring investment in underrepresented communities within the innovation economy at scale, receiving a combined total of $5.4 million in awards. Innovation-focused entrepreneur support organizations (ESOs) with programs to speed the launch, growth, and scale of deep-tech small businesses across the country.