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Answer: The maximum grant amount is $100,000 per organization. There is $500,000 available in total for grants with no stated minimum award.
Answer: Yes, but programming must be held in the geographical boundaries of the city of Sacramento so that the residents or resident businesses of Sacramento may access and use the programming, with some allowances for remote meetings and training. Proposers should outline plans for in-person and remote programming in their applications.
Answer: Yes, but 90% of participants must either reside or have a business located in the city of Sacramento.
Answer: The City of Sacramento is focused on city grant funding directly benefiting city residents as businesses to the maximum extent possible.
The city also understands that a rich regional entrepreneurial ecosystem has positive economic development impacts within the city because it encourages talent attraction, business attraction, knowledge spillover, the growth of networks outside the city, regional collaboration, increased economic activity, and increased access to capital spurred by the actual and perceived improvement of the entrepreneurship ecosystem.
An option for applicants is to apply for funding for the portions of the proposed program that benefit participants that meet the requirements. For example, if a program has 10 participants and five meet the city participant requirements, 60% of program costs could be prorated and applied for, based on meeting 50% of the requirements and the 10% allowance.
The city will prefer program applications that commit to funding 90% or more participants that meet the city requirements by using the scoring rubric.
Answer: Yes, all costs should be prorated to ensure that funds are primarily benefiting those tied directly to the city.
Answer: You can take advantage of the extra 10% allowance for participants from outside the city, so the prorating would be 90-10.
Answer: Yes, previous grant recipients are eligible to apply again.
Answer: It depends. Applicants should read through the guidelines and consider the goals and objectives outlined to determine if their specific program qualifies.
Answer: No, not all metrics are required, but proposers should list insightful and relevant metrics that will help measure the success of their proposed program. The City may include additional metrics, such as the metrics listed in the guidelines to measure success beyond just enrollment and graduation rates.
Answer: If “funding raised” is included by the City or grantee as a key performance indictor in a grant contract and a company raises no funding, that will be recorded as such.
Answer: The grant application and award process has been very competitive in recent funding rounds. In 2023, there were approximately 120 applications with 28 grantees awarded funding.
Answer: Please use the question form available on the grant website at www.cityofsacramento.org/innovationgrants.
Answer: The incubator and accelerator grant solicitation seeks proposals from third parties who will operate programs. The City doesn’t have an incubator itself with a specific interest.
Answer: The Technical Assistance link was held on July 31, 2024. A link to the recording is now on the city grant website at www.cityofsacramento.gov/innovationgrants.
Answer: Please review the program guidelines at www.cityofsacramento.gov/innovationgrants.
Answer: Please review the guidelines and submit a program application that is consistent with the stated requirements www.cityofsacramento.gov/innovationgrants.
Answer: An existing company is welcome to apply to provide incubator and accelerator programming.
Answer: Applications will not be reviewed and scored until after the application deadline. There will not be an opportunity to consider City feedback and revise applications.
Answer: No. The incubator and accelerator grant solicitation seeks proposals from third parties who will operate programs. The City itself is not offering incubator or accelerator services.
Answer: The City has committed to posting answers to program questions by August 23, 2024 at 5 p.m. at www.cityofsacramento.gov/innovationgrants.
Answer: Salaries and benefits can be included. Overhead costs such as program administration should be listed in a separate budget category by grantees.
Answer: The program timeline is listed in the grant guidelines. www.cityofsacramento.gov/innovationgrants.
Answer: No. The incubator and accelerator grant solicitation seeks proposals from third parties who will operate programs. The City itself is not offering incubator or accelerator services.
In the online application, the answer box states if there is a character limit.
Existing companies with planning or currently implementing incubator and accelerator programs serving businesses and residents in the City of Sacramento are eligible for grant funding.
Existing and new incubator and accelerator programs in the City of Sacramento are eligible for the grant. Providers with proven expertise will be preferred through the scoring criteria, which is listed in the program guidelines.
The City encourages applicants to propose programs that advance emerging industries and efforts in Sacramento. By focusing on specific areas, we aim to amplify Sacramento’s unique strengths and advance key sectors that promise long-term economic and social benefits. Examples of emerging industries and efforts include, but are not limited to:
An incubator or accelerator focused on a specific industry is not required but encouraged as these industries play a crucial role in the city economic development. The city requests applicants provide reasoning for their choice of industry focus or lack thereof, and how that choice benefits the innovation ecosystem of the City of Sacramento and the six-county Sacramento region.
Colleges and Universities, non-profit organizations, and other organizations with incubator and accelerator programs serving businesses and residents in the City of Sacramento are eligible.
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