This EDA investment supports the indiana institute of technology, INC

Project Grant Awarded

Award ID
067906385
Recipient
Awarding agency
Obligated
$2,127,543

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Not on record
Funding
  • $1,489,248.00 Federal
  • $638,295.00 Non-federal
Place of performance
Fort Wayne, IN 46803, USA

Award details come from USAspending.gov.

About this award

The U.S. Department of Commerce Economic Development Administration awarded Indiana Institute of Technology, Inc. a $2,127,543 project grant under the Economic Adjustment Assistance program (CFDA 11.307) on May 10, 2022. The funding will support the purchase of technical equipment needed to train students in 11 engineering- and manufacturing-related certification programs at Indiana Tech's campus in Fort Wayne, Indiana. This will allow the university to expand, enhance, and add industry-recognized certificate training tailored to employer needs in northeast Indiana, such as positions like battery management engineers, drone pilots, and printed circuit board design engineers. The project aims to help the region's economic recovery from the coronavirus pandemic by promoting job creation and retention to bolster regional resiliency.

Description

With purchasing technical equipment needed to train students in 11 engineering- and manufacturing-related certification programs as they prepare to SIT for and pass certification exams. The project will allow the university to expand, enhance and add industry-recognized certificate training programs that are tailored to the job needs of employers in northeast indiana, including positions such as battery management engineers, drone pilots, and printed circuit board design engineers. Once completed, the project will help the region recover from the coronavirus pandemic, by promoting job creation and retention, which will bolster economic resiliency throughout the region.

Quick answers

Who received award 067906385?

067906385 was awarded to Indiana Institute Of Technology Inc. by Economic Development Administration (Department of Commerce) on May 10, 2022.

How much is award 067906385 worth?

$2,127,543 has been obligated on 067906385: $1,489,248 in federal funding and $638,295 in non-federal funding.

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