StartingBlock and its seven partners announced recently that they will receive $150,000 through the 2023 Growth Accelerator Fund Competition, which is awarded by the U.S. Small Business Administration (SBA).

According to a release, StartingBlock was a stage two winner and will receive funds to build strategic partnerships that will support the launch, growth and scaling of STEM/R&D-focused small businesses.

“The award of the stage two prize to StartingBlock and our seven regional ecosystem partners again validates that the Madison region is building a thriving entrepreneurial ecosystem,” StartingBlock Executive Director Scott Mosley said in a statement. “We’re excited to move to the implementation phase of the award.”

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