· Public charity
Innovation Fund America Inc
Innovation fund america is a nonprofit partnering with community colleges to accelerate the growth of technology startups through early-stage funding and education.
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.
Where the money goes
Grants by size, and the largest recipients.
| Recipient | Amount |
|---|---|
| NEOINDICATE LLC | $150,000 |
| BOWERBAGS LLC | $150,000 |
| SYMPHONY ROBOTICS | $150,000 |
| COURTESY CUPS LLC | $150,000 |
| BAILOUT SYSTEMS INC | $150,000 |
| LOGICALLY ENGINEERED AUTOMATION FEATURES LTD | $150,000 |
| MIC MONITOR LLC -DBA CORROLYTICS | $150,000 |
| SENSATE BIOSYSTEMS | $140,000 |
| CYNGUSMED INC | $140,000 |
| LIGHTHANDED ENTERPRISES LLC | $75,000 |
| HOVN LLC | $60,000 |
| AVAYLA SOLUTIONS - DBA BLAZEBITE | $50,000 |
| TRITONX INC | $50,000 |
| ARMADILLO PROTECTION LLC | $50,000 |
| SCOPE MEDICAL INC | $50,000 |
Does the money reach high-need areas?
Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.
Dollar for dollar, its grants (FY20–25) land where the poverty rate runs at 15%, against an area that typically sits at 11%. 92% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.
How this is measured
How this is measured
Who it funds again
Organizations funded in more than one year, against those funded once.
19 repeat relationships: 4 still active in FY2025, 15 since wound down; 12 grantees were first funded in FY2025 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Still filing today
New vs renewed · share of each year
In FY2025, 31% of grant dollars renewed an existing relationship; $1.2M went to new ones.
How this is measured
Backed again, and grew
- MMMIC MONITOR LLC -DBA CORROLYTICS3× · 2023–2025 · $350k
- NLNEOINDICATE LLC2× · 2023–2025 · $300k
- OSOCTET SCIENTIFIC INC3× · 2020–2023 · $260k
Funded once
- NLNOTUS LABS INCone grant, 2024 · $150k
- PMPRIMA MEDICAL INCone grant, 2024 · $150k
- MHMY HOME PARK INCone grant, 2023 · $150k
How this is measured
Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.
0 grantees tracked through their own filings, 2020–2025.
Each grant beside the grantee’s revenue from every source, year by year.
How this is measured
Counted here: distinct organizations funded across 2020 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 0 of the 69 grantees resolved in that span have returns of their own we could reconcile.
Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.
Where the money sits, by cause and then by grantee
Each grantee by its size and the funder’s share of it; top left is load-bearing
Grantee by grantee: a decade per organization, before and after funding
A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.
Open a dossier: Lorain County Community College Foundation
How this is measured
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How do I get to Innovation Fund America Inc?
Find your warmest path to Innovation Fund America Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
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