Federal award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

Vertuelab

Awardtype: Direct Payment for Specified Use Activities to Be Performed: Prizes for Accelerators or Incubators Who Assist Stem/r&d Startups Transitioning Into the Market by Connecting Entrepreneurs With Partners, Introducing to Investors, Assiting With Prototyping, and Advising on Commercialization. Deliverables: Na Expected Outcomes: Awareness and Education About Sbir/sttr Programs, Increased Support for Stem/r&d Entrepreneurs From Underrepresented Groups, and Support for Individuals With Strong Technologies Who Are Newcomers to the Entrepreneurial Ecosystem. Intended Beneficiaries: Profit Organization, Private Nonprofit Institution/organization, Quasi-public Nonprofit Organization, State/local Governments Subrecipient Activities: Na

Committed

$50,000

Paid to

Vertuelab

UEI SERAASK8ZGM5

5035 River RD N Ste B, Salem, OR, 97303

Small Business Administration

Place

OR, UNITED STATES

OR-90

Performance

May 14, 2024 → May 14, 2025

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

Small Business Administration

Growth Accelerator Fund Competition to

Vertuelab

Committed

$50,000

Paid to

Vertuelab

UEI SERAASK8ZGM5

5035 River RD N Ste B, Salem, OR, 97303

Small Business Administration

Place

OR, UNITED STATES

OR-90

Performance

May 14, 2024 → May 14, 2025

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗