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U.S. Secretary of Commerce Gina Raimondo announced that $289 million will be awarded to 44 organizations as part of the Economic Development Administration’s SPRINT challenge.
The SPRINT (Scaling Pandemic Resilience Through Innovation and Technology) challenge was launched last year to harness America’s entrepreneurial spirit to address the economic, health, and safety issues caused by the coronavirus pandemic.
Those receiving funding include non-profits, colleges and universities and entrepreneurship-focused organizations. Grant recipients will receive funding between $200,000 and $750,000.
“The Biden Administration applauds the SPRINT Challenge awardees’ efforts to pivot to help their communities through difficult times quickly,” Raimondo said in a statement. “American entrepreneurship and innovation will help our country through this coronavirus pandemic and build back better, stronger, and more resilient.”