This EDA investment supports the H2THEFUTURE coalition, led by the greater new orleans development foundation, with boosting the clean energy sector in new orleans by transitioning the regional…
Project Grant Awarded
- Award ID
- 087905681
- Recipient
-
Greater New Orleans Development Foundation UEI EEYDE2NXNBR4
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $22,400,000
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Place of performance
- New Orleans, LA 70163, USA
Award details come from USAspending.gov.
About this award
The $22.4 million Project Grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance 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 industry away from fossil fuel-based hydrogen production towards green hydrogen produced from renewable sources. Coalition projects include establishing a central campus connecting industry partners, coordinating programming to improve hydrogen cost competitiveness, developing testbeds for hydrogen-fueled ships, and constructing a hydrogen fueling barge. Once implemented, the investment is intended to strengthen regional industry clusters in clean energy and hydrogen technologies while creating good-paying jobs and enhancing U.S. competitiveness globally in these emerging sectors. The award was issued on September 8, 2022 to the Greater New Orleans Development Foundation to execute the Coalition's work over the grant period.
Description
This EDA investment supports the H2THEFUTURE coalition, led by the greater new orleans development foundation, with boosting the clean energy sector in new orleans by transitioning the regional hydrogen energy sector by closing the GAP between green hydrogen (produced from renewable energy sources) to other forms of hydrogen used today, which rely on fossil fuels. Coalition projects include supporting a central campus that connects the entire cluster ecosystem, coordinating a range of programming, testbeds to improve hydrogen cost competitiveness, a development center for hydrogen-fueled ships, and a hydrogen fueling barge. 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.
Subawards
| Subrecipient | Amount | Awarded |
|---|---|---|
| New Orleans Startup Fund, Inc. | $100,000 | |
| Southeastern Louisiana University | $125,000 | |
| Xavier University Of Louisiana | $1,000,000 | |
| Dillard University | $1,000,000 | |
| Southern Univ And A&M College System | $1,000,000 | |
| Green Light New Orleans | $400,000 | |
| Southern University And A & M College | $1,000,000 | |
| Louisiana Chamber Of Commerce Foundation, Inc. | $750,000 | |
| Ohub Foundation Inc. | $3,000,000 | |
| Colab Foundation, Inc. | $500,000 | |
| Southwest Louisiana Alliance Foundation, Inc. | $500,000 | |
| Greater Baton Rouge Economic Partnership | $1,250,000 | |
| One Acadiana Inc. | $500,000 | |
| Louisiana State University | $1,200,000 | |
| University Of Louisiana At Lafayette | $1,200,000 | |
| University Of New Orleans | $1,200,000 | |
| Nicholls State University | $1,800,000 |
Show all 17
Quick answers
Who received award 087905681?
087905681 was awarded to Greater New Orleans Development Foundation by Economic Development Administration (Department of Commerce) on September 8, 2022.
How much is award 087905681 worth?
$22,400,000 has been obligated on 087905681.
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