America's Seed Fund

The grant aims to support small for-profit businesses in the United States by providing financial aid to transform high-risk technologies into commercially viable products and services. This initiative focuses on fostering technological innovation with potential commercial and societal impact.

Type of Projects to Develop

• High Technological Innovation and Risk
• Potential for Scale
• Impact (Commercial and Societal)

Eligibility Criteria

• Must be a U.S.-based for-profit small business with fewer than 500 employees
• Majority-owned by U.S. citizens or permanent residents
• All project work must occur within the United States

Eligible Expenses

• Research and Development
• Prototyping
• Market Research

Examples of Eligible Projects to be Developed

• Developing new artificial intelligence algorithms for healthcare
• Creating energy-efficient building materials
• Building robotic systems for agricultural automation

Financial Information

• Total budget for the grant: $221 million annually
• Maximum funding per company: Up to $2 million over several years