Good Food Business Accelerator Wins SBA Grant
FamilyFarmed’s Good Food Business Accelerator is one of 68 winners in the Growth Accelerator Fund Competition. 68 winners in 32 states will receive funding from the U.S. Small Business Administration (SBA) to boost economic impact of growth accelerators across the country.
On August 31, 2016, the U.S. Small Business Administration (SBA) Office of Investment and Innovation, Office of Native American Affairs, and Office of Veterans Business Development, along with the National Institutes of Health, National Science Foundation, and Department of Education, announced 68 winners of SBA’s third annual Growth Accelerator Fund Competition. The recipients will receive a total of $3.4 million in prizes to boost the economic impact of accelerators across 32 states and the District of Columbia.
In making the announcement, SBA Administrator Maria Contreras-Sweet said: “SBA created the Growth Accelerator Fund Competition in 2014 as a way to make new connections and strengthen existing bonds within America’s small business support network, bringing entrepreneurs and innovators together and connecting them with local and national resources that support small business job creation and growth. These awards deliver on a longstanding commitment at SBA to strengthen and modernize these support systems especially in parts of the country where access to capital has been a major barrier to starting a business. This year’s winners show that our efforts are bearing fruit and further cementing our nation’s most pioneering accelerators, incubators and innovation hubs as major players driving America’s technology startup ecosystem.” Read more…