The U.S. Department of Commerce Economic Development Administration awarded $430,192 to the College of Micronesia-FSM under the Economic Adjustment Assistance (CFDA 11.307) federal grant program on February 17, 2022. The funding will support the establishment of an entrepreneurship development program in Pohnpei, Federated States of Micronesia through the construction of four hydroponic greenhouses and dozens of educational workshops. The program aims to increase agricultural production and export ability in the region while fostering partnerships to attain food security. Once completed, the project is expected to enhance the region's economic resiliency and help recover from the impacts of the COVID-19 pandemic by increasing employment opportunities and retaining jobs.
Generated 1/7/24, 12:16 PM