Rochester Small Business Fund

The HBCU Founders Accelerator is a customized 16-week intensive program, primarily conducted virtually. It commences with goal-setting discussions, the development of a work plan, and the identification of key performance indicators (KPIs) to track progress. Throughout the program, each portfolio company is provided with dedicated executive-level support from paid advisors. With a cohort size of 8-10 startups, our accelerator seeks to create a collaborative environment to foster entrepreneurial success. We make an initial investment of $120,000 in each selected startup to help support their growth.

Purpose: The Orphan Site Cleanup Fund (OSCF) is a grant program providing financial assistance to eligible applicants for the cleanup of sites contaminated by leaking petroleum underground storage tanks where there is no financially responsible party, and the applicant is not an eligible claimant to the UST Cleanup Fund. The maximum amount of grant monies available for an eligible occurrence is $1 million. Description: Grants provide funding for response actions that characterize, assess, andinvestigate an unauthorized release from petroleum USTs. These actions include apreliminary site assessment, soil and groundwater investigations, and preparation of a corrective action plan in accordance with California Code of Regulations, Title 23, Chapter 16, Article 11. Grants may also provide funding for UST system removal, petroleum product removal and soil excavation, not to exceed 500 cubic yards at the eligible site. Grants also provide funding for response actions that carry out cleanup activities,implement a corrective action plans, and perform verification monitoring in accordance with California Code of Regulations, Title 23, Chapter 16, Article 11. If a corrective action plan is required, the State Water Board cannot award a cleanup grant until the applicant demonstrates the corrective action plan is complete and approved by the regulatory agency. However, the applicant may apply for a cleanup grant before completion and approval of the corrective action plan. Note that only the current property owner is eligible for a Cleanup Grant.

The South Carolina Department of Commerce provides the Relentless Challenge (RC) Grant Program. This is a statewide competitive scheme that plans to award approximately $1,000,000 for the 2026 funding cycle. The RC grant funds projects that foster a sustainable innovation ecosystem and that focus on high growth/high impact entrepreneurship, talent development, access to capital, and university/industry collaborations. Matching funds are available up to a maximum of $75,000.

The WEDC provides grant matching for businesses that have received a Phase I or Phase II federal SBIR grant. Businesses that have received a Phase I award are eligible for a 50% matching grant, up to $75,000. Businesses that have received a Phase II award are eligible for 100% matching per year for up to two years.

The Cultural STAR Program provides grants and loans to Saint Paul cultural projects and organizations. Most projects are located in the Saint Paul Cultural District (bordered by I-94 to the north, the Lafayette Bridge to the east, the Mississippi River to the south, and Chestnut Road to the west). Cultural STAR grows Saint Paul's economy by strengthening the arts and cultural sector and supporting downtown as a vital cultural center.