This EDA investment supports the global epicenter of mobility (GEM) coalition, led by the detroit regional partnership foundation, with catalyzing the mobility sector in michigan by transforming the…
Project Grant Awarded
- Award ID
- 067906447
- Recipient
-
Detroit Regional Partnership Foundation UEI UCBSC7GR8WJ4
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $7,383,329
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $5,638,497.00 Federal
- $1,744,832.00 Non-federal
- Place of performance
- Detroit, MI 48226, USA
Award details come from USAspending.gov.
About this award
This $7.38 million Project Grant from the Department of Commerce Economic Development Administration supports the Global Epicenter of Mobility coalition led by the Detroit Regional Partnership Foundation. The funding will catalyze the mobility sector in Michigan by transforming the Detroit area's legacy automotive industry into a highly competitive advanced mobility cluster. Specific projects include a new Supply Chain Transformation Center that will provide direct assistance to existing manufacturers transitioning to broader mobility products. Additionally, funding will support the Mobility Accelerator Innovation Network to identify and support startups in the mobility space. Once implemented, the investment is expected to develop and strengthen regional industry clusters while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally. The award is provided under the EDA's Economic Adjustment Assistance program, which offers planning and infrastructure assistance to regions experiencing adverse economic changes.
Description
This EDA investment supports the global epicenter of mobility (GEM) coalition, led by the detroit regional partnership foundation, with catalyzing the mobility sector in michigan by transforming the detroit area's legacy automotive industry into a highly competitive advanced mobility cluster. The projects funded as part of this award include the new supply chain transformation center that will provide direct assistance to existing legacy manufacturers to transition to the needs of broader mobility products and the mobility accelerator innovation network to identify and support start-UPS in the mobility space. Once implemented, the investment will help develop and strengthen regional industry clusters - all while embracing economic equity, creating good-paying jobs, and enhancing U.S. Competitiveness globally.
Quick answers
Who received award 067906447?
067906447 was awarded to Detroit Regional Partnership Foundation by Economic Development Administration (Department of Commerce) on September 12, 2022.
How much is award 067906447 worth?
$7,383,329 has been obligated on 067906447: $5,638,497 in federal funding and $1,744,832 in non-federal funding.
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