This $8.7 million Economic Development Administration Project Grant will fund construction of the University of Michigan-Flint's new College of Innovation and Technology building. The grant, awarded under the EDA's Economic Adjustment Assistance program on September 29, 2021, will enhance the region's capacity for economic diversification and resilience through technology-focused workforce development and business support services. The 17,000 square foot facility will house dedicated training space, research and development labs, and collaboration areas for partner organizations, community members, and university faculty and students. It will serve as a hub connecting businesses to university expertise in technology commercialization and recruiting career-ready workers to meet regional needs. The building's location in an Opportunity Zone also aims to spur investment. This EDA investment recognizes the severe pandemic impacts on Flint and its need to grow tech-based businesses ensuring resilience against future disruptions.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $3.8m | 9/29/21 |