This EDA investment funds the northern innovation and startup center project, to assist northern state university with leveraging IT's community's existing entrepreneurial success and broadband…
Active Project Grant Awarded Last action
- Award ID
- ED22HDQ0240150
- Recipient
-
Northern State University UEI LCUDMY2K6GL9 Part of State Of South Dakota-Division Of Oasi
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $2,993,898
Award facts
- Assistance listing
- 11.024 BUILD TO SCALE
- Completion date 99% complete
- Originally
- Funding
-
- $1,496,072.00 Federal
- $1,497,826.00 Non-federal
- Place of performance
- Aberdeen, SD 57401, USA
Award details come from USAspending.gov.
Description
This EDA investment funds the northern innovation and startup center project, to assist northern state university with leveraging IT's community's existing entrepreneurial success and broadband availability to strengthen and diversify the entrepreneurial economy by building a thriving tech ecosystem in the aberdeen, south dakota area. The project will infuse technology startup expertise into existing entrepreneurship resources, build a culture of tech entrepreneurship and create cohesive pathways, and offer ideation and incubator programming. Once compelted, the project will help advance the ideas of 25 entrepreneurs and launch 10+ startups resulting in 50 new digital jobs in aberdeen and the northeast region of south dakota in three years. These efforts will lead to long-term population growth, economic growth, new startups, and tech-related career opportunities.
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | $0 | $0 | |
| Amendment | $748,036 | $748,913 | |
| Original award | $748,036 | $748,913 |
Quick answers
Who received award ED22HDQ0240150?
ED22HDQ0240150 was awarded to Northern State University by Economic Development Administration (Department of Commerce) on November 1, 2022.
How much is award ED22HDQ0240150 worth?
$2,993,898 has been obligated on ED22HDQ0240150: $1,496,072 in federal funding and $1,497,826 in non-federal funding.
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