This EDA investment supports frederick innovative technology center, INC

Project Grant Awarded

Award ID
017915256
Recipient
Awarding agency
Obligated
$5,796,732

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Not on record
Funding
  • $4,637,386.00 Federal
  • $1,159,346.00 Non-federal
Place of performance
Frederick, MD 21704, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

With making building renovations to support a science business incubator in frederick, maryland. The project will construct laboratory and office space to assist small, tech-based businesses as they work to grow and create new jobs and economic opportunities. Once completed, the project will attract new industries, create jobs, increase global competitiveness, and promote economic resiliency throughout the region.

Quick answers

Who received award 017915256?

017915256 was awarded to Frederick Innovative Technology Center, Inc. by Economic Development Administration (Department of Commerce) on August 30, 2022.

How much is award 017915256 worth?

$5,796,732 has been obligated on 017915256: $4,637,386 in federal funding and $1,159,346 in non-federal funding.

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