WV Entrepreneurship and Innovation Investment Fund

PWQ provides matching training grants and support services targeted to improve the competitive position of small and mid-sized manufacturing and technology companies. Grants are used to increase the skills of existing workers for new technologies and production processes, improve employee productivity and increase employment stability. Applicants should have a minimum of ten full-time employees. At least 60% of available funds must be awarded to employers with 150 or fewer employees in the State. The Program encourages the participation of small and minority-owned businesses. Priority will be given to manufacturing and technology companies. In regions of the State where regionally important industries have been identified beyond manufacturing and technology, justification should be provided to approve PWQ funding.

The Summit City Entrepreneur and Enterprise District created the SEED Business Grant to help businesses with operating equipment, interior enhancements, selected improvements, and professional services. The program provides funding of up to $5,000 to eligible businesses. The Grant assists those business owners to promote reinvestment, strengthen Fort Wayne's commercial activity, and enhance economic vitality in the SEED District.

The City of Raleigh's Building Up-fit Grant encourages growth and development by assisting property owners who want to activate their vacant or underutilized commercial building space in Raleigh to create new business use or new jobs. This matching reimbursement program helps small business owners invest in property improvements, by matching up to 50 percent of the qualified construction costs. Businesses can receive up to $25k of reimbursed funding based on qualified expenses.

The Farmer Veteran Fellowship Fund provides U.S. military veterans in the beginning years of farming or ranching with small grants ranging from $1,000 to $5,000 to help launch and grow their agricultural businesses. Administered by the Farmer Veteran Coalition (FVC), a national nonprofit that supports veteran-owned farm and ranch businesses, the program has awarded nearly $4 million to more than 930 veterans since 2011. The program is powered in part by Wounded Warrior Project and receives additional support from Kubota (whose "Geared To Give" equipment program is integrated into the same application), the Tractor Supply Co. Foundation, Farm Credit, AgWest, and the SBA. Rather than disbursing cash directly to recipients, the Fellowship Fund pays approved third-party vendors on the recipient's behalf for specific items the veteran identifies as crucial to the launch of their farm business. Recipients have six months from award notification to use their grant. Common purchases funded through the program include all-terrain vehicles, beekeeping equipment, breeding livestock, bulk feed, fencing, storage freezers, tractor implements, walk-behind tractors, and scholarships. To qualify, applicants must be a member of the Farmer Veteran Coalition, have served or currently be serving in any branch of the United States military, have received an Honorable characterization of service upon discharge (other characterizations are considered on a case-by-case basis), operate an agricultural business with a formal business plan, and be willing to fully participate in the Fellowship Program (which includes periodic progress reports, mentoring other farmer veterans, and a commitment to making a positive impact on the farmer veteran community). Currently serving service members must provide a letter of support from their commanding officer attesting to their characterization of service. The Fellowship is designed to support for-profit agricultural businesses; nonprofit entities are not eligible. Previous Fellowship recipients may only reapply if they were previously awarded $1,000 or less. The application opens once per year and consists of short answer and essay questions across five focus areas: military service, educational background, prior farming experience, business and financial planning, and short-term and long-term goals. Applicants are evaluated on farm training and transferable skills, personal investment in their farm business, the strength of their funding request and demonstrated ability to grow the business through the award, vision and goals for the future, and community involvement.

The New Jersey Clean Tech Research and Development (R&D) Voucher Program provides early-stage New Jersey based clean technology companies with vouchers of up to $40,000 to subsidize access to research and development equipment, facilities, and makerspaces at participating "core facilities" across the state. Administered by the New Jersey Commission on Science, Innovation and Technology (CSIT) in collaboration with the New Jersey Economic Development Authority (NJEDA), the program is designed to accelerate development and innovation of clean technologies, helping companies transform research stage discoveries into commercially viable technologies that attract industry and investor interest. Eligible target areas include chemicals and advanced materials, energy distribution and storage, energy efficiency, energy generation, green buildings, transportation, waste processing, and water and agriculture. Funds are paid directly to participating core facilities (which include New Jersey based colleges and universities, federal labs, NJEDA approved Strategic Innovation Centers, and approved nonprofit organizations) rather than to the business itself, and may be used for access to labs, equipment, makerspaces, and technology centers, use of facility equipment and technicians for testing and development, training to prepare for independent use of equipment, access to datasets at participating facilities, and supplies and consumables needed to operate that equipment. Applicants can apply for multiple CSIT vouchers up to a combined cap of $40,000 in any 12-month period. To qualify, applicants must be a for-profit company authorized and in good standing to conduct business in New Jersey (nonprofits are not eligible), have no more than 50 full-time-equivalent workers, have at least one full-time worker, conduct 50 percent or more of cumulative work hours in New Jersey, generate less than or equal to $5 million in prior calendar year sales revenue (excluding grant revenue), and hold a current NJ Tax Clearance Certificate listing CSIT. Approved projects must fall within Technology Readiness Levels 1 through 7 (from basic research through full-scale prototype demonstration in a relevant environment). Manufacturing of products for sale or commercial use and real estate rental expenses are not eligible. Applications are accepted on a rolling basis as long as program funds remain available, and applicants must secure a written letter of support, agreed scope of work, and agreed budget from a participating core facility before their application is complete.