We propose using this grant to develop and run two covid-19 recovery CHALLENGES designed to source, accelerate, and validate potential solutions to help the economies of massachusetts and the US…
Ended Project Grant Awarded Last action
- Award ID
- ED21HDQ3070023
- Recipient
-
Massachusetts Technology Park Corporation UEI GJW3N2QVAUX8 Part of The Commonwealth Of Massachusetts
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $3,303,722
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Originally
- Funding
-
- $2,012,601.05 Federal
- $1,291,121.00 Non-federal
- Place of performance
- Westborough, MA 01581, USA
Award details come from USAspending.gov.
Description
We propose using this grant to develop and run two covid-19 recovery CHALLENGES designed to source, accelerate, and validate potential solutions to help the economies of massachusetts and the US recover from covid-19 more quickly. The overall challenge program goals are to: accelerate the rate at which covid-related digital health innovations are validated; accelerate the rate at which these innovations get to market; increase awareness of the massachusetts digital health sandbox network resources; and, strengthen the massachusetts digital health ecosystem through partnerships across the state, bringing innovators from one region to partner with sandboxes in other regions this grant proposal is designed to directly support three of the key aims of the FY2020 sprint challenge: scaling innovative biotechnology technologies and solutions to market - we do this by finding and supporting the growth of innovative digital health solutions to the coronavirus pandemic. The business accelerator component and testing within digital health sandboxes have both been proven to support increased scale and speed to market for innovative solutions. Increasing regional and government connectivity across innovation clusters - we do this through a combination of events highlighting the digital health sandbox network to entrepreneurs and events showcasing the winning solutions of our covid-19 recovery CHALLENGES (CHALLENGES). In the longer term, by increasing awareness of the digital health sandbox network and its capabilities, we will increase the vibrancy and overall resilience of the massachusetts digital health ecosystem, leading to better and quicker recovery from the economic effects of the pandemic. Developing and scaling innovative entrepreneurship support models - we do this by working with lever, a proven partner in supporting many different types of companies, but most importantly we have had recent success working with lever through the massachusetts covid-19 innovation challenge series that helped pivoting manufacturers accelerate bringing personal protective equipment (PPE) to market
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | -$36,039 | $0 | |
| Amendment | $0 | $0 | |
| Amendment | $0 | $0 | |
| Amendment | $682,880 | $202,747 | |
| Amendment | $682,880 | $202,747 | |
| Original award | $682,880 | $885,627 |
Quick answers
Who received award ED21HDQ3070023?
ED21HDQ3070023 was awarded to Massachusetts Technology Park Corporation by Economic Development Administration (Department of Commerce) on April 15, 2021.
How much is award ED21HDQ3070023 worth?
$3,303,722 has been obligated on ED21HDQ3070023: $2,012,601 in federal funding and $1,291,121 in non-federal funding.
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