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:
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.
Expanding Consumer Participation in Consumer Electronics Battery Recycling Programs
Improving the Economics of Recycling Consumer Electronics Batteries
State and Local Programs for Consumer Electronics Battery Collection, Recycling and Reprocessing
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
The objectives of this program are:
Increase consumer participation in battery recycling programs
Make consumer battery recycling more economical and drive research into new ways to reuse and recycle them
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
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.
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: