Project Grant 047907794

This $2.85 million Economic Adjustment Assistance Project Grant from the Department of Commerce's Economic Development Administration supports Gateway Research Park, Inc. and North Carolina A&T State University in expanding a manufacturing facility in Greensboro, North Carolina. The facility expansion will attract new businesses to the region and help diversify the local economy by supporting the growth of minority-owned businesses. Once completed by the January 2025 completion date, the project is expected to create and save jobs and advance economic resiliency in an area impacted by declines in the coal industry. The EDA's Economic Adjustment Assistance program provides technical, planning, public works and infrastructure assistance to regions experiencing adverse economic changes over time or suddenly to support economic recovery, diversification and growth.