This EDA investment supports the catalyst campus for technology and innovation (CCTI) with creating a technology business accelerator program in ogden, utah

This $870,657 project grant from the Department of Commerce Economic Development Administration supports the Catalyst Campus for Technology and Innovation in creating a technology business accelerator program in Ogden, Utah. The accelerator program will provide training and support services to entrepreneurs in the defense and aerospace industries, with the goal of boosting business growth and job creation in the region. Funded through the EDA's Economic Adjustment Assistance program (CFDA 11.307), which provides technical and planning assistance to regions facing adverse economic changes, this award will help advance economic resiliency and diversification in the area by supporting emerging opportunities in industries like defense and aerospace that can attract further private investment. The sole sub-awardee, Catalyst Campus for Technology and Innovation, Inc., will oversee delivery of the technology business accelerator program.

The project will provide training and support to entrepreneurs in the defense and aerospace industries, supporting business growth and job creation. Once completed, the project will help boost emerging business opportunities in the area, which will help advance economic resiliency, attract private investment, and further economic diversification throughout the region.