The New Orleans Bioinnovation Center, Inc. received a $499,983 Project Grant award from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program. The grant supports the Gulf Coast Health Sciences Corridor coalition led by the Center, which aims to transform the New Orleans and Baton Rouge region of Louisiana into a national leader in health sciences. Key services provided through the funding include specialized workforce development programs...
The Department of Commerce Economic Development Administration (EDA) awarded a $625,000 Project Grant to The Idea Village, Inc. under the Economic Adjustment Assistance (EAA) program to develop a pipeline of startup activity across the New Orleans region. Funded activities will position New Orleans, particularly Opportunity Zones in downtown, as an innovation hub by empowering founders from diverse backgrounds to build technology-based businesses. This aims to help the local economy recover more...
The Economic Development Administration (EDA) awarded a $4 million Project Grant to the Louisiana State University Agricultural Center (LSU Agricultural Center) under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300). The grant funding will support renovations to an 11,130 square foot pre-engineered metal building to establish a food innovation and manufacturing incubator. Renovations will include dry and cold storage, kitchen processing space, staff...
The Research Park Corporation received a $1.125 million project grant award from the Department of Commerce Economic Development Administration on May 24, 2022. The funding supports the Ignition Accelerator and Venture Capital Assistance Program to develop tech-based startups across Louisiana's Capital Region. Through this program, the Research Park Corporation will provide technical assistance, planning support, and outreach to underserved communities and businesses to help address the lack...
This $3.5 million Economic Development Administration Project Grant supports construction of road and utility infrastructure at a biotechnology research facility within the Biomedical Research and Innovation Park in Monroe, Louisiana. The infrastructure improvements will provide new and emerging biotechnology businesses with research facilities to support growth, strengthening and diversifying the regional economy. Awarded on September 13, 2022, the grant delivers these products and services...
The University of New Orleans received a $4.8 million Project Grant award from the Department of Commerce Economic Development Administration's (EDA) Economic Adjustment Assistance program on September 8, 2022. The funding will support the H2TheFuture Coalition led by the Greater New Orleans Development Foundation to boost the clean energy sector in New Orleans through transitioning the regional hydrogen energy sector. Coalition projects include supporting a central campus to connect the...
The Department of Commerce Economic Development Administration (EDA) awarded a $4.8 million Project Grant to the University of Louisiana at Lafayette under the Economic Adjustment Assistance (EAA) program. The grant supports the H2theFuture Coalition led by the Greater New Orleans Development Foundation to boost the clean energy sector in New Orleans through transitioning the regional hydrogen energy sector. Coalition projects funded under the award include supporting a central campus to connect...
The $12.96 million Project Grant from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (CFDA 11.307) program will support the H2theFuture Coalition led by the Greater New Orleans Development Foundation. The Coalition will boost New Orleans' clean energy sector by transitioning the regional hydrogen energy sector from fossil fuel-based hydrogen to green hydrogen produced from renewable energy sources. Coalition projects include...
The Delta Regional Authority (DRA) awarded a $450,000 Project Grant under the Delta Area Economic Development (CFDA 90.201) program to the Nola Business Alliance (NOLABA), a non-profit economic development organization, to expand access to equitable opportunities in green infrastructure in New Orleans. The grant funding will support NOLABA's efforts to promote economic growth and resilience in the New Orleans region, including developing crucial biotech facilities and lab space, delivering...
The Department of Commerce Economic Development Administration (EDA) awarded a $2.8 million Project Grant to the City of Baton Rouge, Louisiana on April 8, 2021 under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300). The funding will support infrastructure capital improvements for Pump Station 299 in Baton Rouge. Through its Public Works program, EDA provides catalytic investments to help distressed communities build critical infrastructure facilities...