FDIC: FDITECH Opens Registration for Tech Sprint to Measure and Test Bank Resilience
The Federal Deposit Insurance Corporation (FDIC) today opened the registration period to participate in a tech sprint designed to identify and develop measures, data, and other capabilities to understand how resilient banks are to major disruptions. This tech sprint is intended to be the first of several focused on how to foster stronger resiliency in…
FDIC: New FDITECH Sprint Launched to Measure and Test Bank Operational Resiliency
The Federal Deposit Insurance Corporation (FDIC) today announced a new tech sprint designed to determine how well community banks, and the banking sector as a whole, can withstand a major disruption of any type. This tech sprint is intended to be the first of several focused on how to foster stronger resiliency in banking. Read…
FDIC: FDITECH Selects Eight Teams in Tech Sprint to Reach the Unbanked
The Federal Deposit Insurance Corporation (FDIC) today announced the selection of eight teams to participate in a ‘tech sprint’ designed to explore new technologies and techniques to help banks meet the needs of unbanked consumers. The FDIC’s tech lab, FDITECH, launched Breaking Down Barriers: Reaching the Last Mile of the Unbanked on July 6, 2021. This first-of-its-kind…
EDA: U.S. Department of Commerce Launches STEM Talent Challenge to Fuel Nation’s Growing Innovation
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the launch of the Economic Development Administration’s (EDA) STEM Talent Challenge to support programs to train science, technology, engineering, and math (STEM) talent and fuel regional innovation economies across the nation. The $2 million STEM Talent Challenge will provide funding for work-and-learn programs to increase America’s STEM-capable workforce…
SBA: Grants Awarded to 33 Organizations to Help Underserved Communities Succeed with the Small Business Innovation Research Program
The U.S. Small Business Administration issued 33 grant awards up to $125,000 each for specialized training, mentoring, and technical assistance for research and development (R&D)-focused small businesses under the Federal and State Technology (FAST) Partnership Program. FAST seeks to improve outcomes in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs for underserved communities…
EDA: U.S. Department of Commerce Announces Americas Competitveness Exchange Colorado
Senior Officials from Across the Western Hemisphere and other Nations to Visit Colorado’s Innovative Solutions to Economic Recovery Today, the U.S. Department of Commerce’s Economic Development Administration (EDA), in coordination with the International Trade Administration (ITA), U.S. Department of State, and the Organization of American States (OAS), announced that a high-level delegation of global and…
EDA: $4.9 Million in CARES Act Recovery Assistance Invested to Support Kenosha Innovation Neighborhood Project in Kenosha, WI
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.9 million CARES Act Recovery Assistance grant to the city of Kenosha, Wisconsin, for road and sewer infrastructure improvements at the 107-acre Kenosha Innovation Neighborhood project. This EDA grant, to be matched with $7.4 million in…
SBA: National SBIR Week Scheduled to Connect Technology Innovators & Entrepreneurs with Research Funding
The U.S. Small Business Administration will host 2021 National SBIR Week on July 19 through July 23 for small business innovators. The virtual event will connect entrepreneurs working on advanced technology to the country’s largest source of early-stage funding – the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The SBA Administrator Isabella Casillas Guzman will…
FDIC: FDITECH Registration Open for Tech Sprint to Reach the Unbanked
The Federal Deposit Insurance Corporation (FDIC) today opened the registration period to participate in a Tech Sprint designed to explore new technologies and techniques that would help expand the capabilities of banks to meet the needs of the unbanked. Interested organizations can request to participate in this Tech Sprint by visiting the FDIC’s Tech Lab…
EDA: $1.9 Million in CARES Act Recovery Assistance Invested to Spur Entrepreneurship and Innovation in Youngstown, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million CARES Act Recovery Assistance grant to the Youngstown Edison Incubator Corporation (Youngstown Business Incubator), Youngstown, Ohio, to renovate a 65,000 square foot building and further enhance the organization’s capacity to spur entrepreneurship and innovation…