In its continued pursuit of becoming the nation’s next Silicon Valley, the City of Sacramento has announced it is searching for applicants for $1 million in innovation grants.
Open for applications for the second consecutive year — starting April 9 — through an annual economic development program called the Rapid Acceleration, Innovation and Leadership in Sacramento, or RAILS, grants will be awarded for educational and training programs encouraging entrepreneurship, civic tech companies seeking to relocate or expand, and incubator programs that support job growth and bolster the local tech economy. The latest funding round, which Democratic Mayor Darrell Steinberg said will help “connect the disconnected” is a key component of the California city’s desire to transform itself and the region into a major technology hub.
Keep reading this article on State Scoop