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ED21HDQ0240076

Project Grant

Overview

Grant Description
Purpose: This award will help to strengthen and diversify the region's economy, in part, by providing entrepreneurs at all stages with assistance in launching and growing their businesses, as well as attracting investors.

Activities to be performed: Fort Lewis College (FLC), the Southern Ute Indian Tribe (SUB-RECIPIENT), and Animas Accelerator (SUB-RECIPIENT) together will complete the Venture Challenge Build project titled Starting, Scaling, and Sustaining Entrepreneurship in Rural Southwest Colorado, in order to foster a regional ecosystem of sustainable entrepreneurship.

The applicants will leverage the FLC Center for Innovation located in Durango, Colorado as a central hub to support all levels of entrepreneurship via in-person and virtual support throughout the region. The project endeavors to build and strengthen a regional pipeline of more qualified and diverse business professionals and entrepreneurs, ultimately resulting in more high wage jobs and a more resilient regional economy.
Grant Program (CFDA)
Place of Performance
Durango, Colorado 81301-3911 United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Fort Lewis College was awarded Project Grant ED21HDQ0240076 worth $748,624 from Economic Development Administration in October 2021 with work to be completed primarily in Durango Colorado United States. The grant has a duration of 3 years and was awarded through assistance program 11.024 BUILD TO SCALE. $748,624 (50.0%) of this Project Grant was funded by non-federal sources.

Status
(Complete)

Last Modified 10/5/21

Period of Performance
10/1/21
Start Date
9/30/24
End Date
100% Complete

Funding Split
$748.6K
Federal Obligation
$748.6K
Non-Federal Obligation
$1.5M
Total Obligated
50.0% Federal Funding
50.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to ED21HDQ0240076

Subgrant Awards

Disclosed subgrants for ED21HDQ0240076

Additional Detail

Award ID FAIN
ED21HDQ0240076
SAI Number
ED21HDQ0240076_000
Award ID URI
SAI EXEMPT
Awardee Classifications
State Government
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
G595XDTMK443
Awardee CAGE
3JFG4
Performance District
03
Senators
Michael Bennet
John Hickenlooper
Representative
Lauren Boebert
Modified: 10/5/21