Building Entrepreneurial Capacity in Delaware's STEM Sector
GrantID: 15
Grant Funding Amount Low: $15,000
Deadline: Ongoing
Grant Amount High: $1,500,000
Summary
Grant Overview
Addressing Cost Constraints for Disabled STEM Entrepreneurs in Delaware
Delaware's economy benefits from a burgeoning entrepreneurial landscape, but individuals with disabilities often face significant cost constraints that hinder their ability to start businesses in STEM fields. The National Federation of the Blind reports that approximately 70% of working-age blind individuals are unemployed, reflecting broader barriers within the entrepreneurial ecosystem. Addressing these financial challenges is vital for fostering an inclusive business environment in STEM that can harness the talents and innovations of disabled entrepreneurs.
Who Faces Financial Barriers in Delaware?
Disabled individuals looking to enter the STEM sector in Delaware often experience a lack of access to startup capital, mentorship, and resources tailored to their unique needs. This funding opportunity specifically aims to close the gaps faced by disabled entrepreneurs in the state by encouraging partnerships between local universities and disabled individuals. These partnerships can provide critical support in launching businesses by improving financial literacy, offering expert guidance, and expanding access to essential resources.
Grant Program Focus: Building Partnerships
This initiative is centered around fostering partnerships between local universities and disabled entrepreneurs in STEM fields. By providing mentorship and funding opportunities, the program seeks to equip disabled individuals with the necessary skills and resources to launch their own businesses. Success will be measured through key performance indicators such as the number of business launches and participant satisfaction surveys, which will help evaluate the effectiveness of the initiative.
The Importance of Partnerships in Delaware
Delaware's higher education institutions play a significant role in addressing the barriers faced by disabled entrepreneurs. By collaborating with local universities, the initiative not only supports disabled individuals but also encourages innovation and diversity within the state’s STEM economy. This approach ensures that disabled entrepreneurs receive the necessary guidance and support tailored to their unique challenges, allowing them to thrive in the competitive entrepreneurial landscape.
Conclusion
By targeting cost constraints and fostering valuable partnerships in the STEM entrepreneurial ecosystem, Delaware has the opportunity to empower disabled individuals to succeed as business owners. The initiative’s focus on collaboration and mentorship can lead to meaningful changes in the state's entrepreneurial landscape, promoting a more inclusive economy.
Eligible Regions
Interests
Eligible Requirements
