This EDA investment funds the scaling a successful innovation ecosystem through east central vermont project, to act on a shared vision of vermont's resilient economic future through support for…
Ended Project Grant Awarded
- Award ID
- ED22HDQ0240165
- Recipient
-
Southern Windsor County Incubator Inc. UEI RFKSAMLARGL7
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $2,922,800
Award facts
- Assistance listing
- 11.024 BUILD TO SCALE
- Completion date
- Funding
-
- $1,461,400.00 Federal
- $1,461,400.00 Non-federal
- Place of performance
- Vermont, USA
Award details come from USAspending.gov.
Description
This EDA investment funds the scaling a successful innovation ecosystem through east central vermont project, to act on a shared vision of vermont's resilient economic future through support for technology entrepreneurs in the east central vermont economic development district. The southern windsor county incubator (SWCI) DBA black river innovation campus (BRIC) and the green mountain economic development corporation (GMEDC) are partnering for the following: 1) BRIC will scale its successful actuator technology entrepreneurship incubator/accelerator program from springfield to randolph while developing additional specializations in advanced manufacturing, cybersecurity, and medical technologies; 2) GMEDC will launch an innovation and entrepreneurship hub in randolph; and 3) BRIC and GMEDC will execute regional strategies for ecosystem engagement to attract and retain entrepreneurs, investors, mentors, and workforce. Once completed, the project will benefit local entrepreneurs, education providers, mentors and subject matter experts, investors, and local employers. Additional focus will be given to university students pitching new startup ideas or conducting technology commercialization research, industry researchers who are interested in commercializing a new technology startup, and founders from underserved populations.
Quick answers
Who received award ED22HDQ0240165?
ED22HDQ0240165 was awarded to Southern Windsor County Incubator Inc. by Economic Development Administration (Department of Commerce) on September 23, 2022.
How much is award ED22HDQ0240165 worth?
$2,922,800 has been obligated on ED22HDQ0240165: $1,461,400 in federal funding and $1,461,400 in non-federal funding.
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