Growth Stage Grants

At a glance

• What: Recommended Growth Stage Grants to nine San Antonio companies totaling $799,648.44 from the Economic Development Incentive Fund.
• Where it stands: On August 31, 2026 the committee moved the item to the September 16 B Session (4-0, Spears absent). The staff schedule called for Council A Session consideration in September and contract execution in October.
• Next: Council award; the minutes do not record an action after the committee referral.

Program

• Acuna presented. Two grant types: SBIR/STTR (Phase I up to $50,000, Phase II up to $100,000) and Second Stage ($100,000), with a $1 million FY 2026 program budget.
• Recommended: SBIR/STTR Phase I, Novothelium ($50,000) and Phage ($49,648.44); Phase II, Sygnamap and Valkim ($100,000 each); Second Stage, Optimized Technical Solutions, iGenomeDX, Web-Hed, Tekgration and Urbanize ($100,000 each). Totals: $299,648.44 and $500,000.
• Staff reported that 16 of 19 FY 2023 grantees had positive net revenue growth totaling $16.6 million.

Sources

• Economic and Workforce Development Committee 2026-08-31 minutes: https://webapp9.sanantonio.gov/FileNetArchive/{8C6C1E9A-3B82-4A3C-8380-1B6D96E6ACBD}/{8C6C1E9A-3B82-4A3C-8380-1B6D96E6ACBD}.pdf

Log

2026-08-31 - Economic and Workforce Development Committee

Referred to the September 16 B Session on Galvan's motion.