Federal grant · project grant (b)
Purpose: the Purpose of the Financial Assistance Award Is to Develop a Financial Capital Seed Fund to Support Startup and Early Stage Entrepreneurial Business Enterprises in Fresno, California. Activities to Be Performed: Formation of a Limited Liability Corporation to Operate and Manage the Financial Capital Seed Fund; Organization and Operation of Angel Investor Conference Events; Performance of Development and Outreach to Prospective Investors; Delivery of Technical Assistance and Mentorship Services to Entrepreneurial Business Enterprises in the California Central Valley, Commonly Known as the San Joaquin Valley. Expected Outcomes: the Region Will Have More Resources to Provide Financial Capital to Small and Historically Disadvantaged Entrepreneurial Business Enterprises. the Availability of Seed Capital Will Improve the Financial Capacity and Sustainability of Entrepreneurial Business Enterprises. the Enhanced Capacity and Sustainability of Startup and Early Stage Business E
Committed
$400,000
Paid out
$189.1K
47%
Committed, not yet paid
$210.9K
53%
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The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
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One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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