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The Small Business Administration (SBA) has announced a combined total of $5.4 million in awards to innovation-focused entrepreneur support organizations with programs to support entrepreneurs researching and developing STEM-related innovations. The 2021 competition included two prize tracks with 84 winners for the Growth Accelerator Fund Competition (GAFC) and eight winners for the new SBIR Catalyst competition, which aims to spur investment in underrepresented communities within the innovation economy.  

SBA’s 2019 Growth Accelerators Fund Competition winners were announced yesterday, awarding $50,000 to each of 60 organizations across the country. Special congratulations to the SSTI members, including BioSTL (BioGenerator), TechTown Detroit, Startup Junkie Foundation (Fuel), Invest Nebraska, Launch Tennessee, Innovation Works, Arrowhead Center (Sprints), and University of Illinois (EnterpriseWorks).