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...
Louisiana Tech University was awarded a $3.2 million Project Grant over three years from the Department of Commerce Economic Development Administration's BUILD TO SCALE program (CFDA 11.024). The funding will support Louisiana Tech's efforts to expand its regional entrepreneurship and innovation initiatives along the I-20 corridor in North Louisiana. Specifically, the University will scale up its capacity to deliver regional business accelerator training, manage proof-of-concept center projects,...
The Louisiana Department of Economic Development (LED) was awarded a $200,000 Cooperative Agreement under the Federal and State Technology (FAST) Partnership Program (CFDA 59.058), administered by the U.S. Small Business Administration (SBA). The purpose of this award is to strengthen the technological competitiveness of small businesses in Louisiana by increasing their participation in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The...
The Acadiana Planning Commission, Inc. received a $625,000 Project Grant award from the Department of Commerce Economic Development Administration on May 10, 2022. The funding supports the creation of a strategic plan under the EDA's Economic Adjustment Assistance program to develop a biopharmaceutical manufacturing cluster in Lafayette, Louisiana. The strategic plan will leverage existing and planned facilities and resources in the Acadiana region to increase bio-pharma productivity through...
Launchbio, Inc. was awarded a $2,154,628 Project Grant from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) to transform North Texas into a globally recognized entrepreneurial ecosystem for life science innovation. Over a three-year period ending September 2024, Launchbio will leverage existing resources and coordinate partnerships across the region to propel startup development. Key deliverables include a minimum of 100...
The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $640,818 Project Grant to the Louisiana Chamber of Commerce Foundation, Inc. under the Economic Adjustment Assistance (EAA) program. The grant funding will support the establishment of a Business Innovation Center (BIC) in Lake Charles, Louisiana. The BIC will provide entrepreneurs with technical support, training opportunities, and networking to foster innovative business solutions and economic growth in the...
The Small Business Administration Office of Investments and Innovations awarded Louisiana State University a $125,000 Project Grant under the Federal and State Technology Partnership Program (FAST Program, CFDA 59.058). The grant will support the Louisiana Business and Technology Center at LSU in delivering services to strengthen the technological competitiveness of small businesses in Louisiana from September 30, 2022 to September 29, 2023. The FAST Program aims to boost small business...
This $3,826,161 Cooperative Agreement award from the National Science Foundation's (NSF) Integrative Activities program (CFDA 47.083) aims to build and sustain strong networks of collaboration, communication, and partnership among Louisiana's diverse higher education institutions. The Louisiana Board of Regents will lead this 4-year project in partnership with Louisiana State University, Louisiana Tech University, Southern University, and the University of New Orleans. Key activities will...
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 U.S. Department of Commerce Economic Development Administration (EDA) awarded a $1.67 million Project Grant under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300) on July 8, 2021 to the New Orleans Business Alliance. The funding will support the development of wet lab space and a clean room in the University of New Orleans Research and Technology Park. These biotech labs will be part of an information technology center located in the park. The...