Category Archives: Economic Development

Nasdaq Foundation Quarterly Grant Program

The Nasdaq Foundation is dedicated to sharing financial knowledge with under represented communities to create a more equitable future. Their Quarterly Grant Program supports efforts to build a more diverse class of entrepreneurs and investors.

Applications are open for projects that Empower and Support. Quarter 3 submissions are due by August 11, 2023. Quarter 4 will end November 10, 2023. The average award is $75,000 for one year, but there is no minimum or maximum.

Eligibility

This grant is open to:

  • 501(c)3 nonprofit organizations
  • For profit businesses or consultants acting on behalf of a tax exempt organization

Focus Areas

Empower

Projects under this area should assist women and other under represented communities by:

  • Enhancing financial engagement
  • Improving access to knowledge and tools

Support

Projects under this area should provide women and other under represented communities with resources to sustain and grow their businesses through:

  • Mentoring and providing resources
  • Diversifying capital markets engagement

Review Criteria

All applications will be reviewed based on:

  • Capacity and Expertise
  • Models and Track Record
  • Intended Impact

Bipartisan Infrastructure Law Consumer Electronics Battery Recycling, Reprocessing, and Battery Collection

The Bipartisan Infrastructure Law Consumer Electronics Battery Recycling, Reprocessing, and Battery Collection is a program through the Department of Energy, Office of Energy Efficiency and Renewable Energy. The program is part of the BIL‘s investment in a clean energy economy.

Funding is available through this program to increase participation in consumer battery recycling projects. Awards are available in four topic areas with various funding amounts and matching requirements.

  1. Expanding Consumer Participation in Consumer Electronics Battery Recycling Programs 
  2. Improving the Economics of Recycling Consumer Electronics Batteries
  3. State and Local Programs for Consumer Electronics Battery Collection, Recycling and Reprocessing
  4. Retailer Programs for Consumer Electronics Battery Collection

Concept papers are required and due through the EERE Exchange by August 17, 2023 at 5:00 PM ET. Full applications are due by November 29, 2023 at 5:00 PM ET.

Eligibility

This grant is open to:

  • Individuals
  • State and local governments
  • Tribal governments
  • Nonprofit organizations
  • For profit businesses
  • Institutions of higher education
  • Federal research agencies
  • Department of Energy/National Nuclear Security Administration federally funded research and development centers
  • Non-Department of Energy/National Nuclear Security Administration federally funded research and development centers

Objectives

https://www.lithiumbatterychina.com/mobile-cell-phone-battery/

The objectives of this program are:

  1. Increase consumer participation in battery recycling programs
  2. Make consumer battery recycling more economical and drive research into new ways to reuse and recycle them
  3. Increase the number of consumer battery recycling programs, including collections site at retailers

Topic Areas

Expanding Consumer Participation in Consumer Electronics Battery Recycling Programs 

Recycling spent batteries is an important part of developing domestic sources of materials needed to make new batteries. A lack of awareness of battery recycling programs is a major barrier to reaching the goal of 90% recycling of consumer electronics batteries by 2030.

Projects under this topic area should develop strategies for increasing awareness through education.

DOE anticipates awarding 4-15 grants of $1.3 – 5 million under this topic area. Performance periods will be 24-36 months with no cost share requirement.

Improving the Economics of Recycling Consumer Electronics Batteries 

https://www.sandiego.gov/environmental-services/ep/hazardous/battrecycle

Battery recycling is not currently economical due to logistical and safety concerns. Developing cost effective methods would, however, create clean energy jobs and a domestic supply of materials.

Projects under this topic area may focus on improving methods at any step of the recycling process – collecting, transporting, storing, dismantling, and disposal.

DOE anticipates awarding 5-10 grants of $4 – 8 million under this topic area. Performance periods will be 24-36 months with a 20% cost share requirement.

State and Local Programs for Consumer Electronics Battery Collection, Recycling and Reprocessing

There is a lack of programs for collecting, recycling, and reprocessing batteries necessary to create a domestic source of battery materials. Projects under this topic area should support the establishment and sustainability of programs at the state and local level.

DOE anticipates awarding 20-30 grants of $500,000 – 10 million under this topic area. Performance periods will be 36-60 months with a 50% cost share requirement.

Retailer Programs for Consumer Electronics Battery Collection

Retailers can serve a function similar to state and local governments in the collection of spent batteries. Projects under this topic area should create relationships with retailers to collect, transport, sort, or store spent batteries.

DOE anticipates awarding 2-15 grants of $1 – 7.5 million under this topic area. Performance periods will be 36-60 months with a 50% cost share requirement.

U.S. EDA STEM Talent Challenge Grant

The 2023 STEM Talent Challenge Grant from the U.S. Economic Development Administration‘s Office of Innovation and Entrepreneurship supports programs that address local economic needs through innovative technology.

Applications are due through Economic Development Grants Experience (EDGE) by July 12, 2023 at 11:59 PM ET. The maximum request amount is $500,000 and requires a 1:1 match of non-federal funds. In kind donations, such as services, equipment, or space, can be counted toward the match.

Eligibility

Applicants

This grant is open to:

  • State and local governments
  • Native American Tribes
  • Nonprofit organizations
  • Institutions of higher education
  • Economic development organizations or similar entities
  • Science or research parks
  • Federal laboratories
  • Public-private partnerships
  • Consortia of any of the above

Projects

Projects submitted under this funding opportunity should create STEM-based training models to meet the needs of employers in their region. These needs should be evaluated to determine which skills will drive innovation and create real jobs. Emerging technologies that may be considered include:

  • Artificial intelligence
  • Making semiconductors
  • Robotics
  • Space exploration
  • Broadband expansion
  • Climate technology
  • Agricultural technology

Applicants are also encouraged to work with underserved populations and regions, including BIPOC individuals, women, people with disabilities, and the formerly incarcerated.

Allowable Expenses

Grant funds may be used for wages or stipends for participants in training programs.

Funds may not be used for:

  • Construction
  • Equity Investments & Loans
  • Subsidies to Participant Firms
  • Advertising & Marketing
  • Cloud Service Credits

Outputs and Outcomes

Applicants will be expected to outline a plan for measuring the impact of their projects. This can include:

Outputs

  • Number of trainees recruited
  • Number of participants who complete training
  • Number of trainees entering apprenticeships
  • Number of employer partnerships built

Outcomes

  • Number of job placements
  • Number of employers served
  • Number of positions filled with partner employers

Evaluation Criteria

All applications will be evaluated based on:

  • Alignment with STEM Talent Challenge goals
  • Proposed solution
  • Measurable goals
  • Strength of regional partnerships
  • Budget and staffing
  • Diversity, equity, inclusion, and accessibility
  • Continued impacts