GAFC

SBA Growth Accelerator Fund Competition Opens Jan. 8 to Expand and Strengthen its National Innovation Ecosystem

Retrieved on: 
Monday, January 8, 2024

“This year’s Growth Accelerator Fund Competition builds on the success of last year’s competition, which successfully catalyzed bonds between local and national innovation ecosystem support networks.

Key Points: 
  • “This year’s Growth Accelerator Fund Competition builds on the success of last year’s competition, which successfully catalyzed bonds between local and national innovation ecosystem support networks.
  • The competition Theme Areas aim to foster emerging partnerships around key innovation sectors.
  • To access the Growth Accelerator Fund Competition Guidelines and Application Portal, please visit americasseedfund.us/accelerators .
  • If you are interested in being a judge for the Growth Accelerator Competition, please fill out the following interest form: https://bit.ly/2024GAFCJudgeInterest .

XLerateHealth Wins Stage One of the U.S. Small Business Administration’s 2023 Growth Accelerator Fund Competition

Retrieved on: 
Thursday, May 18, 2023

“We are excited about this opportunity to create an 'Ecosystem Focused Accelerator Model' for rural and minority communities in the Southeast,” said Jackie Willmot, CEO & Co-founder of XLerateHealth. “This region has a significantly large proportion of its population distributed across rural/remote settings and has over 30 HBCUs. Our goal is to expand our partnerships with HBCUs and organizations located in or focused on rural populations -- in an effort to catalyze an inclusive entrepreneurship ecosystem in this region.”

Key Points: 
  • XLerateHealth (XLH) a nationally recognized healthcare accelerator headquartered in Louisville, KY, is pleased to announce that it has been selected by the U.S. Small Business Administration (SBA) as a Stage One winner of the 2023 Growth Accelerator Fund Competition (GAFC).
  • With this Stage One award, XLerateHealth will support the launch, growth, and scale-up of STEM/R&D-focused small businesses, with a particular focus on “underserved communities” including rural communities and Historically Black Colleges and Universities (HBCUs).
  • Winners of Stage One awards were selected through a multi-tier review panel process with experts in entrepreneurship, business, innovation, and strategic planning both inside and out of the federal government.
  • XLerateHealth’s award-winning model will amplify the impact and success of Growth Accelerator Partnerships and will work to foster and facilitate a thriving national ecosystem that advances equitable investment in innovative high growth small businesses.

SBA Announces 2023 Growth Accelerator Fund Competition Stage One Winners

Retrieved on: 
Wednesday, May 17, 2023

SBA will host three opportunities to support networking with Stage One winners:

Key Points: 
  • SBA will host three opportunities to support networking with Stage One winners:
    SBA is hosting an online 2023 Growth Accelerator Fund Competition (GAFC) Contact Directory for potential partners to learn about and connect with Stage One Winners.
  • To facilitate connections between Stage One winners and potential partners, the SBA is hosting four virtual Growth Accelerator Fund Partner Pitch Sessions:
    For organizations interested in networking to join a potential “Growth Accelerator Partnership”, sign up for one or more of the virtual Partner Pitch Sessions at http://bit.ly/2023GAFCPartnerPitch.
  • On June 21, the SBA Ecosystem Development Team will hold an in-person Growth Accelerator Fund Competition Meet and Greet at the America’s Seed Fund SBIR/STTR Spring Conference that occurs concurrent with TechConnect World Conference.
  • For event registration visit: https://techconnectworld.com/World2023/register.html
    For more information about the Growth Accelerator Fund Competition, please visit SBA Growth Accelerator Fund Competition (americasseedfund.us)

SBA Announces Informational Webinars for 2023 Growth Accelerator Fund Competition

Retrieved on: 
Thursday, February 2, 2023

Washington D.C., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration announced virtual events will be held for applicants for its seventh Growth Accelerator Fund Competition (GAFC).

Key Points: 
  • Washington D.C., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration announced virtual events will be held for applicants for its seventh Growth Accelerator Fund Competition (GAFC).
  • “SBA’s impactful Growth Accelerator Fund Competition provides prizes to entrepreneurial support organizations (ESOs) that serve as catalysts for our thriving, inclusive national innovation ecosystem,” said Bailey DeVries, Associate Administrator of Investment and Innovation.
  • I encourage ecosystem builders and entrepreneurial support organizations with great ideas to accelerate growth and drive for innovation to apply as soon as possible.”
    Entrepreneurs interested in applying for the Growth Accelerator Competition are encouraged to join one of the informational online webinars.
  • The online webinars will provide information on the competition and will facilitate connections between ESOs and potential partners working on similar themes across the nation.

XLerateHealth Selected for First Small Business Association (SBA) Catalyst Award

Retrieved on: 
Tuesday, September 21, 2021

XLerateHealth (XLH) is pleased to announce that it has been selected for the U.S. Small Business Administration (SBA) SBIR Catalyst Award , doing business as the XLerator Network, in collaboration with Jackson State University and the University of Kentucky.

Key Points: 
  • XLerateHealth (XLH) is pleased to announce that it has been selected for the U.S. Small Business Administration (SBA) SBIR Catalyst Award , doing business as the XLerator Network, in collaboration with Jackson State University and the University of Kentucky.
  • XLerateHealth is one of eight winners and will use the Award to expand support for DE&I funding initiatives across minority institutions in the Southeast XLerator Network .
  • XLHs nonprofit arm previously received the SBA GAFC award in four separate competitions.
  • The SBA Catalyst Award will help us build on the success of EnRICH and address the need for more SBIR/STTR support in this area.

SBA Administrator Guzman Announces $5.4 Million in Prizes to Nearly 100 Awardees to Support Inclusive Entrepreneurship in the Innovation Ecosystem

Retrieved on: 
Thursday, September 16, 2021

I am proud to announce the winners of the 2021 Growth Accelerator Fund Competition and SBIR Catalyst prize competition.

Key Points: 
  • I am proud to announce the winners of the 2021 Growth Accelerator Fund Competition and SBIR Catalyst prize competition.
  • Our awardees have innovative plans to support underserved entrepreneurs, including women, people of color, and individuals from underrepresented geographic areas, said SBA Administrator IsabellaCasillasGuzman .
  • The success of the first-ever SBIR Catalyst track will ensure newly piloted regional collaboratives represent the diverse potential of the U.S. innovation ecosystem.
  • The GAFC prize winners support a broad range of industries including clean energy, supply chain resilience, and infrastructure.

READOUT: SBA Administrator Isabella Casillas Guzman meets with Leaders in Women-Owned Small Business Community

Retrieved on: 
Wednesday, August 11, 2021

Washington, Aug. 11, 2021 (GLOBE NEWSWIRE) -- On Monday, August 9, U.S. Small Business Administrator Isabella Casillas Guzman and Assistant Administrator Natalie Madeira Cofield joined investors in women-owned small businesses for a webinar on engagement and improving access to assistance for women entrepreneurs.

Key Points: 
  • Washington, Aug. 11, 2021 (GLOBE NEWSWIRE) -- On Monday, August 9, U.S. Small Business Administrator Isabella Casillas Guzman and Assistant Administrator Natalie Madeira Cofield joined investors in women-owned small businesses for a webinar on engagement and improving access to assistance for women entrepreneurs.
  • During the virtual gathering, leaders of the women-owned small business investment community discussed updates on SBA's programs and initiatives supporting investment and innovation for women entrepreneurs.
  • In 2020, only 2.3 percent of funding went to women-led startups and women comprise a mere 12 percent of the decision makers at venture capital firms, said Administrator Guzman.
  • SBA's National Small Business Week Virtual Summit, September 13-15, 2021: National Small Business Week Virtual Summit Registration (onlinexperiences.com)
    Subscribe to the SBA's e-newsletter: www.sba.gov/updates
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