This EDA investment supports the city of eustis with conducting an incubator feasibility study as part of a broader effort to develop a general business incubator in its downtown district in florida

Project Grant Awarded

Award ID
046907849
Recipient
Awarding agency
Obligated
$38,500

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Not on record
Funding
  • $19,250.00 Federal
  • $19,250.00 Non-federal
Place of performance
Eustis, FL 32727, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

The project will provide a long-term, sustainable, business support platform for entrepreneurial talent to grow and thrive. IT will be a vehicle for providing business premises, resources, educational tools and mentorship to create a sustainable economy and reduce risk of business failure and provide a way forward to support the creation of new technology-lead jobs in the community. Once completed, the study will help provide a roadmap to attract private investment and advance economic resiliency throughout the region.

Quick answers

Who received award 046907849?

046907849 was awarded to City Of Eustis by Economic Development Administration (Department of Commerce) on April 17, 2023.

How much is award 046907849 worth?

$38,500 has been obligated on 046907849: $19,250 in federal funding and $19,250 in non-federal funding.

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