U.S. Small Business Administration

The U.S. Small Business Administration (SBA) is an independent agency of the federal government established in 1953 to aid, counsel, assist, and protect the interests of small business concerns in the United States. The SBA's mission is to help Americans start, build, and grow businesses by providing loans, loan guarantees, contracts, counseling sessions, and other forms of assistance. Through a network of field offices and partnerships with public and private organizations, the SBA delivers services to people throughout the United States, Puerto Rico, the U.S. Virgin Islands, and Guam. The SBA's programs include financial and federal contract procurement assistance, management assistance, outreach to women, minorities, and armed forces veterans, as well as providing loans to victims of natural disasters and specialized advice and assistance in international trade.

Amy Bassett

District Director

Past deals in GovTech

Xlr8hi

Grant in 2024
XLR8HI is Hawaii's first proof-of-concept venture accelerator, established in 2012 and based in Honolulu. It aims to leverage the state's unique environmental and industry advantages to foster innovation and entrepreneurial excellence. The organization offers a range of programs and acceleration services designed to support startups, small businesses, investors, and entrepreneurs in Hawaii, helping them to navigate the challenges of growth and development in a competitive landscape. Through its initiatives, XLR8HI seeks to enhance the local entrepreneurial ecosystem and drive economic development in the region.

Los Angeles Cleantech Incubator

Grant in 2024
Los Angeles Cleantech Incubator (LACI) is a nonprofit organization established by the City of Los Angeles to foster an inclusive green economy. Founded in 2011, LACI focuses on accelerating the commercialization of clean technologies by collaborating with startups and forming partnerships with policymakers and market leaders in transportation, energy, and sustainable urban development. The organization is recognized for its innovative approach and has supported 78 portfolio companies in raising significant funding and generating substantial revenue. Over the past seven years, LACI has helped these companies create approximately 1,750 jobs and deliver over $393 million in long-term economic value. In addition to its investment activities, LACI emphasizes workforce development and pilot programs to enhance community engagement and sustainability.

Empire State Development

Grant in 2023
Empire State Development (ESD) serves as New York's primary economic development agency, established in 1995 and headquartered in New York City. Its mission focuses on fostering business investment and growth to stimulate job creation and enhance community prosperity throughout the state. ESD operates as the umbrella organization for the New York State Urban Development Corporation and the Job Development Authority, coordinating various initiatives to support economic development. The agency's investments and projects are overseen by a board of directors, ensuring alignment with its goals of promoting sustainable economic growth in New York.

Agency of Commerce & Community Development

Grant in 2023
The objective of the Agency of Commerce and Community Development is to assist Vermonters in improving their quality of life and building strong communities.

Maryland Department of Commerce

Grant in 2022
The Maryland Department of Commerce is a government agency located in Baltimore, Maryland, established in 1884. As the state's primary economic development entity, it focuses on attracting new businesses and stimulating private investment. The agency works to encourage the expansion and retention of existing companies while providing essential workforce training and financial assistance to businesses within Maryland. Additionally, the department promotes the state's economic advantages and markets local products and services both domestically and internationally, aiming to enhance economic development, trade, tourism, and international investment.

Forge Institute

Grant in 2022
Forge Institute is dedicated to enhancing economic development, cybersecurity, and national security through collaboration and public-private partnerships. The organization focuses on fostering innovation to address critical challenges in these areas. By providing IT and cybersecurity services, Forge Institute aims to eliminate cyber threats and promote resilience in businesses and communities. Its initiatives include fellowships, academies, and community programs designed to strengthen cybersecurity capabilities and prepare individuals for careers in this vital field. Through its efforts, Forge Institute plays a significant role in developing more secure and resilient environments that benefit both the private and public sectors.

Omnistruct

Pre Seed Round in 2020
Omnistruct, a cyber governance SaaS company, aims to prepare mid-market businesses for when cyber compliance using new US Cyber Security, Privacy, and Risk Guidelines developed by NIST in a SaaS based outsourced model. CEO, George Usi's, vision is to keep sensitive data by preparing the other 98% of businesses grappling with cyber compliance operations with security, privacy, and third-party management cyber governance programs that work. The platform is designed around stewarding regulated sensitive data for small businesses at scale through pre-established cyber posture Governance as a Service (GaaS) plans designed around Privacy, Security, and Risk as published by NIST and lawmakers. The platform automates the illustrate and action plans based on regulatory exposures, business model, and IT service model with a channel model serving IT managed service providers and their highest value accounts that can rely on Omnistructs affiliate network of privacy attorneys, insurance brokers, and attested cybersecurity providers.

Maryland Department of Commerce

Grant in 2019
The Maryland Department of Commerce is a government agency located in Baltimore, Maryland, established in 1884. As the state's primary economic development entity, it focuses on attracting new businesses and stimulating private investment. The agency works to encourage the expansion and retention of existing companies while providing essential workforce training and financial assistance to businesses within Maryland. Additionally, the department promotes the state's economic advantages and markets local products and services both domestically and internationally, aiming to enhance economic development, trade, tourism, and international investment.

Nevada Governor’s Office of Economic Development

Grant in 2019
The Nevada Governor’s Office of Economic Development (GOED) was created during the 2011 Session of the Nevada Legislature through a collaboration of the Nevada Governor's Office and the Leadership of the Nevada State Senate and State Assembly. GOED promotes a robust, diversified and prosperous economy in Nevada, stimulating business expansion and retention, encouraging entrepreneurial enterprise, attracting new business and facilitating community development. Nevada's economic platform will be driven by human ingenuity along with collaboration and strategic alliances with the broader community. The principles of innovation, sustainability and inclusion drive the organization's approach on a daily basis.
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