The Economic Development Administration awarded a $1.687 million project grant to the State of California's Governor's Office of Business and Economic Development on September 29, 2021 under the Economic Adjustment Assistance program. The grant funds the Regional Innovation, Regional Recovery project to mitigate job loss by expanding local economic development capacity and encouraging entrepreneurship in five regions of California particularly impacted by adverse economic changes. The project focuses on strengthening inclusive innovation networks and encouraging early stage investments in startups to bolster economic output in the Central Coast, Inland Empire, Central Valley, North State, and Imperial regions. Key services include targeted investments to support startup companies and bolster regional economic growth in communities experiencing economic challenges.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $1.4m | 9/29/21 |