The Department of Commerce Economic Development Administration awarded Ohio University $1,513,263 under the Economic Adjustment Assistance (EAA) program on May 27, 2021. The EAA program supports regions experiencing adverse economic changes through technical assistance and public infrastructure projects. Ohio University will use the funding to establish a biotech lab incubator in Athens, Ohio, which will provide workspace and services to startup biotech companies. The incubator aims to support...
The Youngstown Edison Incubator Corporation (YEIC) was awarded a $2,378,974 project grant from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (EAA) program. YEIC will use this funding to support its TECH BLOCK BUILDING 2.0 initiative in Youngstown, Ohio. As the EAA program aims to assist regions experiencing adverse economic changes, this project grant will likely support YEIC's efforts to stimulate economic growth in Youngstown...
The Department of Commerce Economic Development Administration awarded a $2.75 million Project Grant under the Economic Adjustment Assistance (CFDA 11.307) program to Ohio University on January 7, 2021. The funding supports technical assistance to communities in Ohio impacted by adverse economic changes through two sub-awards. Buckeye Hills Hocking Valley Region will receive funding to identify and manage legal/planning consultants assisting communities with integrating and implementing...
The Department of Commerce Economic Development Administration awarded a $727,054 Project Grant to the Tech Belt Energy Innovation Center under the Economic Adjustment Assistance program. The grant will support the Center's efforts to provide technical assistance, planning services, and infrastructure development to the Warren, Ohio region, which has experienced adverse economic impacts over time. The Economic Adjustment Assistance program aims to aid areas facing such changes through a...
The Economic Development Administration awarded a $6.274 million Project Grant to the Athens County Port Authority on July 19, 2022 through the Investments for Public Works and Economic Development Facilities program (CFDA 11.300). The funding will support construction of a new building to accommodate expansion plans of local bio-technology companies located at the nearby Ohio University Innovation Center in Athens, Ohio. The building will create space for locally grown businesses to expand...
The Ohio Aerospace Institute (OAI) was awarded a $1.5 million project grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) to provide outreach, engagement, and implementation services to established small minority business enterprises in Northeast Ohio's innovation ecosystem from October 1, 2021 to September 30, 2024. The project aims to bridge resource gaps and increase support for small minority businesses...
The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $2.69 million Project Grant to Peoria Innovation Hub, NFP on November 10, 2021 under the Economic Adjustment Assistance (EAA) program. The funding will support converting a 67,000 square foot former Illinois Central College building in Peoria, Illinois into a business assistance and incubator space for Distillery Labs. The renovated facility will provide entrepreneurship programming and leasable/shared office...
The Department of Commerce Economic Development Administration (EDA) awarded a $3.876 million project grant under the Economic Adjustment Assistance (EAA) program to the Watermark Auto Group Foundation. The funding will support renovating a 21,000 square foot building known as the Citadel in Marion, Illinois to create the Ethos Business Incubator. The incubator will provide small business training and services as well as leasable space for small businesses and entrepreneurs. This will boost...
The Department of Commerce Economic Development Administration awarded a $879,222 project grant under the Economic Adjustment Assistance program to Manufacturing Advocacy & Growth Network Inc. for its EDA SPRINT CHALLENGE: RESILIENT NEO initiative. The grant will support Magnet's delivery of technical assistance and planning services to regions in Cleveland, OH experiencing adverse economic impacts from July 2021 through December 2022. The Economic Adjustment Assistance program aims to...
The Department of Commerce Economic Development Administration awarded a $663,840 Project Grant to the Technology Entrepreneur Center, Inc. on June 24, 2021 under the Economic Adjustment Assistance (EAA) program. The EAA program supports regions experiencing adverse economic changes by providing technical assistance, planning, and infrastructure development. Through this award, the Technology Entrepreneur Center will deliver geospatial workforce development technologies and services to the St....