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  • Jodie Alexander

SBA Growth Accelerator Fund Competition: Stage 1 Now Open – Due 02/16; Webinars 01/16 & 01/31

Opportunity Title:

SBA Growth Accelerator Fund Competition


U.S. Small Business Administration (SBA)


The U.S. Small Business Administration (SBA) is hosting its 2024 Growth Accelerator Fund Competition (GAFC), which offers a total of more than $5M in prize awards to organizations seeking to foster a national innovation support ecosystem that advances small business research and development (R&D) from ideas to the commercial market. The application portal is now open.

Stage One offers $50,000 in cash prizes awarded to organizations for ecosystem-building activities, including recruitment of new partners, and strengthening existing alliances among stakeholders (including public, private, non-profit, and academic partners). Contestants work collaboratively with chosen partners to bring additional resources, deepen network connections, and develop strategies to support STEM/R&D-focused entrepreneurs and small businesses. SBA welcomes Stage One submissions from a broad range of organizations with a collaborative vision to nurture a national ecosystem for equitable access to entrepreneurship. 


Applicants are asked to align their application with one of the following GAFC Theme Areas:

National and Economic Security, including but not limited to:  

  • National Security and Defense 

  • Artificial Intelligence  

  • Microelectronics 

  • Advanced Computing and Software  

  • Quantum Computing 

  • Human-Machine Interfaces 

  • Other Critical and Emerging Technologies 

Domestic Manufacturing and Production, including but not limited to:  

  • Advanced Manufacturing R&D 

  • Supply Chain Resiliency 

  • Critical and Resilient Infrastructure 

  • AgTech and Agricultural Innovation 

  • Other Supply Chain, Infrastructure, and Manufacturing Technologies 

Sustainability and Biotechnology, including but not limited to: 

  • Energy and Sustainability 

  • Biotechnology 

  • Climate and Environment 

  • Public Health 

  • Renewable Energy Generation and Storage 

  • Electric Vehicles 

  • Blue Economy 

  • Other Climate, Energy, and Life Science Technologies 

Two information webinars will be held to support potential Stage One applicants. The webinars are free and open to the public.

  • GAFC Pre-Application Webinar: Goals, rules, and how to apply

Jan. 16, 2024 at 2:00pm EST

  • GAFC Theme Explanation Webinar: A deep-dive into the tech themes with experts from relevant federal agencies.

Jan. 31, 2024 at 2:00pm EST

Award Details:

Total Amount Available:


Maximum Award:


Minimum Award:



February 16, 2024

The Stage 2 Submission Period will commence in June.

Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.

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