Tucson women, rural and Spanish-speaking entrepreneurs to receive federal boost | Economic news
Startups led by Spanish-speaking and rural women and food entrepreneurs will benefit from recent federal funding of $ 100,000 to the University of Arizona Center for Innovation and startup Tucson.
Each organization won a $ 50,000 US Small Business Administration Growth Accelerator Fund competition, winning two of three awards in Arizona.
UACI, AU’s longtime technology-focused business incubator, came up with innovative ideas to support female-led startups that research and develop STEM-related innovations.
The center plans to use the prize money to hire female student interns and match them with female-led startups to give them strategic insight into commercialization and help them advance technology through funded projects. by the federal government, such as the Federal Small Business Innovation Research Awards.
The Tucson start-up plans to use the funds from its award to expand its existing food and agriculture programs to rural and / or Spanish-speaking entrepreneurs in communities surrounding Tucson.
The money will also help translate Startup Tucson programs into Spanish, a need identified throughout the rollout of the food programs developed under a 2020 USDA Farmers Market Promotion grant, the nonprofit group said.
The funding will also increase the financial resources of agricultural entrepreneurs through training on how to obtain federal research grants for small businesses and allow Startup Tucson to add an “AgTech Award” to its annual business promotion competition, IdeaFunding, next April.