# Economic Development Administation: portfolio, investments and team > Economic Development Administation is an investment firm. 73 investments on record, 4 in the last 12 months, latest Mar 2026. Source: https://millionrounds.com/fund/economic-development-administation (Millionrounds; every figure on the page links to its filing or article) [Investor](https://millionrounds.com/investors) # Economic Development Administation Last cheque observed Mar 2026; 73 cheques on record. Deploying now Investment firm Grant Venture Non Profit Biotechnology Deploying now **18%** of best year **4** **cheques in 12 months**, 73 on record Since the last cheque **239** days **00** hrs **00** min **00** sec Median round **$1.0M** Rounds led **0 of 73** Mostly in **United States, 98%** Pitch Economic Development Administation ## Economic Development Administation highlights - 01 4 cheques in the last 12 months - 02 Mostly Grant and Venture: 100% of its rounds ## What they do - **Type:** Investment firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Non Profit Biotechnology - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **73 appearances** - **2026** 2 rounds - **Mar** **[mHUB](https://millionrounds.com/company/mhub)** Grant · US **$1.0M** With 3 others - **Jan** **[Center on Rural Innovation](https://millionrounds.com/company/center-on-rural-innovation)** Venture · US **Undisclosed** With 2 others - **2025** 12 rounds - **Dec** **[Health Tech Alley](https://millionrounds.com/company/health-tech-alley)** Grant · US **$30K** With 2 others - **Dec** **[SOVA Innovation Hub](https://millionrounds.com/company/sova-innovation-hub)** Venture · US **Undisclosed** With 1 other - **Oct** **[Launch NY](https://millionrounds.com/company/launch-ny)** Grant · US **$1.0M** With 4 others - **Oct** **[Pascua Yaqui Development](https://millionrounds.com/company/pascua-yaqui-development)** Venture · US **Undisclosed** With 1 other - **Aug** **[Philadelphia Works](https://millionrounds.com/company/philadelphia-works)** Grant · US **$393K** With 1 other - **Jul** **[V-GaN Tech Hub](https://millionrounds.com/company/v-gan-tech-hub)** Grant · US **$3.4M** With 1 other - **Jul** **[Center on Rural Innovation](https://millionrounds.com/company/center-on-rural-innovation)** Venture · US **Undisclosed** With 2 others - **Jun** **[Baton Rouge Health District](https://millionrounds.com/company/baton-rouge-health-district)** Grant · US **$2.0M** With 1 other - **May** **[New Growth Innovation Network](https://millionrounds.com/company/new-growth-innovation-network)** Venture · US **Undisclosed** With 1 other - **Mar** **[DronePort Network](https://millionrounds.com/company/droneport-network)** Grant · US **$3.6M** With 1 other - **Jan** **[Heartland Robotics Cluster](https://millionrounds.com/company/heartland-robotics-cluster)** Grant · US **$25M** With 1 other - **Jan** **[Alliance for Building Better Medicine](https://millionrounds.com/company/alliance-for-building-better-medicine)** Grant · US **$3.9M** With 1 other - **2024** 15 rounds - **Dec** **[Friends of Puerto Rico](https://millionrounds.com/company/friends-of-puerto-rico)** Grant · US **$600K** With 1 other - **Dec** **[Greentown Labs](https://millionrounds.com/company/greentown-labs)** Grant · US **$3.0M** With 2 others - **Nov** **[Miami Tech Works](https://millionrounds.com/company/miami-tech-works)** Grant · US **$10M** With 1 other - **Oct** **[The Company Lab](https://millionrounds.com/company/the-company-lab)** Grant · US **$50K** With 1 other - **Sept** **[Startup Tucson](https://millionrounds.com/company/startup-tucson)** Grant · US **$100K** With 1 other - **Aug** **[Platform for Social Impact](https://millionrounds.com/company/platform-for-social-impact)** Grant · PR **$30M** With 1 other - **Aug** **[Ri Bio](https://millionrounds.com/company/ri-bio)** Grant · US **$4K** With 1 other - **Aug** **[Shaping Our Appalachian Region](https://millionrounds.com/company/shaping-our-appalachian-region)** Grant · US **$40M** With 1 other - **Jul** **[ClimateReady Tech Hub](https://millionrounds.com/company/climateready-tech-hub)** Grant · US **$20M** With 1 other - **Jul** **[Advanced Regenerative Manufacturing Institute](https://millionrounds.com/company/advanced-regenerative-manufacturing-institute)** Grant · US **$44M** With 1 other - **Jul** **[Tulsa Hub for Equitable and Trustworthy Autonomy](https://millionrounds.com/company/tulsa-hub-for-equitable-and-trustworthy-autonomy)** Grant · US **$51M** With 1 other - **Jun** **[Mid-Atlantic Gigabit Innovation Collaboratory](https://millionrounds.com/company/mid-atlantic-gigabit-innovation-collaboratory)** Venture · US **Undisclosed** With 2 others - **May** **[The Split Second Foundation](https://millionrounds.com/company/the-split-second-foundation)** Grant · US **$1.8M** With 1 other - **Mar** **[DriveSmart](https://millionrounds.com/company/drivesmart)** Grant · US **$2.0M** With 1 other - **Jan** **[PA Wilds Center for Entrepreneurship](https://millionrounds.com/company/pa-wilds-center-for-entrepreneurship)** Grant · US **$387K** With 1 other - **2023** 13 rounds - **Dec** **[Washington Maritime Blue](https://millionrounds.com/company/washington-maritime-blue)** Grant · US **$50K** With 1 other - **Nov** **[LifeX](https://millionrounds.com/company/lifex)** Grant · US **$2.0M** With 2 others - **Nov** **[Mansfield Bio-Incubator](https://millionrounds.com/company/mansfield-bio-incubator)** Grant · US **$1.3M** With 1 other - **Nov** **[ThriveHI](https://millionrounds.com/company/thrivehi)** Grant · US **$300K** With 1 other - **Nov** **[Codefi Works](https://millionrounds.com/company/codefi-works)** Grant · US **$321K** With 1 other - **Nov** **[University Lab Partners](https://millionrounds.com/company/university-lab-partners)** Grant · US **$2.0M** With 1 other - **Nov** **[20Fathoms](https://millionrounds.com/company/20fathoms)** Grant · US **$2.0M** With 1 other - **Nov** **[Innovation Space](https://millionrounds.com/company/innovation-space)** Grant · US **$750K** With 1 other - **Nov** **[Wabash Heartland Innovation Network](https://millionrounds.com/company/wabash-heartland-innovation-network)** Grant · US **$1.0M** With 1 other - **Nov** **[Evergreen Climate Innovations](https://millionrounds.com/company/evergreen-climate-innovations)** Grant · US **$750K** With 1 other - **Oct** **[Parallax Advanced Research](https://millionrounds.com/company/parallax-advanced-research)** Grant · US **$1.9M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The cheque Grant Venture Median round joined **$1.0M** the round, not its cheque Led 0 of 73 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Mar 2026 Rounds by stage said on their site - Grant *65* - Venture *8* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [U.S. Department of Commerce](https://millionrounds.com/fund/u-s-department-of-commerce) 73 - [JP Morgan](https://millionrounds.com/fund/jpmorgan) 2 - [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) 2 - [TEDCO](https://millionrounds.com/fund/tedco) 2 - [The Draper Richards Kaplan Foundation](https://millionrounds.com/fund/the-draper-richard) 2 **Pitching Economic Development Administation?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Economic Development Administation. A count of rooms they were both in, not a relationship either has claimed. [**U.S. Department of Commerce** Government **73** rounds together](https://millionrounds.com/fund/u-s-department-of-commerce)[**JP Morgan** Investment bank **2** rounds together](https://millionrounds.com/fund/jpmorgan)[**JP Morgan Chase** Corporate VC **2** rounds together](https://millionrounds.com/fund/j-p-morgan-chase)[**TEDCO** VC firm **2** rounds together](https://millionrounds.com/fund/tedco)[**The Draper Richards Kaplan Foundation** VC firm **2** rounds together](https://millionrounds.com/fund/the-draper-richard) ## Recently backed The latest companies Economic Development Administation put money into. [**mHUB** $1.0M · Mar 2026](https://millionrounds.com/company/mhub)[**Center on Rural Innovation** Jan 2026](https://millionrounds.com/company/center-on-rural-innovation)[**Health Tech Alley** $30K · Dec 2025](https://millionrounds.com/company/health-tech-alley)[**SOVA Innovation Hub** Dec 2025](https://millionrounds.com/company/sova-innovation-hub)[**Launch NY** $1.0M · Oct 2025](https://millionrounds.com/company/launch-ny)[**Pascua Yaqui Development** Oct 2025](https://millionrounds.com/company/pascua-yaqui-development) ## Quick answers about Economic Development Administation ### What does Economic Development Administation invest in? Economic Development Administation invests most often at Grant and Venture (100% of the rounds on record), in sectors such as Non Profit and Biotechnology. ### How active is Economic Development Administation? 73 investments on record, 4 of them in the last 12 months. The most recent was in Mar 2026. ### What has Economic Development Administation invested in recently? Its most recent investments on record: mHUB (Grant, Mar 2026), Center on Rural Innovation (Venture, Jan 2026) and Health Tech Alley (Grant, Dec 2025). ### How big are Economic Development Administation's cheques? The median round it joins is $1.0M. ### Does Economic Development Administation lead rounds? Rarely, if at all: none of its 73 investments on record names it as the lead. ### Where does Economic Development Administation invest? Most of the companies it backs are in the United States (98%). ### Is Economic Development Administation investing now? Yes: it is actively investing, with 4 investments in the last 12 months. ### Who does Economic Development Administation invest alongside? Most often U.S. Department of Commerce (73 rounds together), JP Morgan (2 rounds together) and JP Morgan Chase (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=economic-development-administation) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=economic-development-administation)