The Department of Commerce Economic Development Administration awarded a $5,845,600 Project Grant under the BUILD TO SCALE federal grant program (CFDA 11.024) to Southern Windsor County Incubator Inc. The grant funds the Scaling a Successful Innovation Ecosystem through East Central Vermont project to support technology entrepreneurs in the region. Under the award, Southern Windsor County Incubator Inc. DBA Black River Innovation Campus and Green Mountain Economic Development Corporation will partner to scale an existing actuator technology entrepreneurship incubator/accelerator program in Springfield to the city of Randolph, developing additional specializations in advanced manufacturing, cybersecurity, and medical technologies. Green Mountain Economic Development Corporation will also launch an innovation and entrepreneurship hub in Randolph. Both organizations will execute regional strategies to attract and retain entrepreneurs, investors, mentors, and workforce to the area. The project aims to benefit local entrepreneurs, educators, mentors, subject matter experts, investors, and employers once completed by October 2025.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $1.5m | 9/23/22 | ||
| Not listed | $1.5m | 9/23/22 |