Apply Now: Regional Innovation Strategies Program

Dept. of Commerce

The Economic Development Administration's (EDA) Regional Innovation Strategies Program (RIS) is now accepting applications, which are due August 29, 2018. Under the RIS Program, the centerpiece of the Regional Innovation Program authorized under Section 27 of the Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. § 3722), EDA awards grants that build regional capacity to translate innovations into jobs both through proof-of-concept and commercialization assistance to innovators and entrepreneurs and through operational support for organizations that provide essential early-stage risk capital to innovators and entrepreneurs.

The RIS Program consists of two separate competitions: the i6 Challenge and Seed Fund Support (SFS) Grants competition. 

  • FY18 i6 Challenge is a leading national initiative designed to support the creation of centers for innovation and entrepreneurship that increase the rate at which innovations, ideas, intellectual property, and research are translated into products, services, viable companies, and jobs.
  • FY18 Seed Fund Support Program provides funding for technical assistance to support the creation, launch, or expansion of equity-based, cluster-focused seed funds that invest regionally-managed risk capital in regionally-based startups with a potential for high growth.

A recent webinar explaining the program and how to apply is available online, as well as additional resources and webinars on the EDA YouTube channel.

For more information and to find out whether or not you're eligible to apply, visit the RIS Program website and the RIS Program FAQ. Applications are due no later than Wednesday, August 29, 2018.

T2 News