Galaxy Grant

The Community & Worker Economic Transition Office will manage the Michigan Supplier Conversion Grant Program, which has allocated $31.8 million through federal funding and state support to help small- and mid-sized automotive manufacturers shift from producing parts, components or materials for internal combustion engine vehicles to materials needed in the electric vehicle supply chain. Eligible manufacturers may use these funds to offset costs associated with fixed assets, machinery and equipment, technology and training to support the transition of new production for electric vehicles or components. Eligible applicants must be domestic entities located in Michigan that are currently manufacturing products, components or materials for internal combustion engine vehicles. Companies must either have fewer than 1,500 employees or be operating a facility with 500 or fewer employees on the site where the retooling project will take place.

Inspired by Founders First CEO, Kim Folsom’s brother, U.S. Navy Veteran Stephen L. Tadlock, the $25,000 fund will make investments of $1,000 each to 25 veterans who are running employer-based small businesses across the country.

The Sunny Day fund supports extraordinary economic development opportunities that create and retain employment as well as create significant capital investments. Projects must generate significant jobs in areas of high unemployment; they are evaluated on a competitive basis and must be consistent with the state's strategic economic development plan.

The Northeast Organic Farming Association of Vermont (NOFA-VT) offers annual Farmer Resilience Grants to projects that have a positive social, environmental, and economic impact in their community. Farmers can earn between $2,000 and $5,000 for their projects.

The South Carolina Research Authority (SCRA) Member Companies may apply for a variety of non-dilutive grants, each with its own eligibility and review criteria. The Academic Startup Grant is focused on startups advancing intellectual property from institutions of higher education. Managed by the Academic Innovations team, the objective of the Academic Startup Grant is to provide earlystage funding to academic startups to support one or more critical milestones towards commercialization and to advance the company’s pursuit of follow-on funding. Key milestones include developing the technology past the minimum viable product (MVP) and demonstrating product-market fit, in the DEVELOP stage of startup development. Academic Startup Grants provide funding for up to $25,000.