December 9, 2024
OVER $450,000 AWARDED TO SUPPORT SACRAMENTO START-UP BUSINESSES AND ENTREPRENEURS
The Sacramento City Council approved awards for six projects last Tuesday to fund organizations that help start-up businesses and entrepreneurs in Sacramento. The “Innovation Incubator and Accelerator Grants” are focused on supporting early-stage businesses located in the city of Sacramento. The goal is to help participants start or grow their own businesses, spur innovation, and stimulate economic development.
“The City’s investments are not just an investment in supporting startups, but an investment in Sacramento’s future,” said Denise Malvetti, Deputy Director of the Office of Innovation and Economic Development. “These programs will empower a diverse group of entrepreneurs and spur innovation.” Six innovation and entrepreneurship organizations were selected from 70 applicants, with their programs slated to begin in the first quarter of 2025. Selected programs aim to make measurable impacts, such as business launches, revenue growth, job creation, and increased access to Sacramento’s innovation ecosystem.
“Our organization is at the intersection of arts, the environment and economic development,” Atrium 916 CEO Shira Lane said. “We help local creatives make products that are sustainable and design out waste. We thank the City of Sacramento for their support of the arts and our incubator and accelerator efforts.”