This EDA investment supports the gulf coast health sciences corridor, led by the new orleans bioinnovation center, which includes the cities of new orleans and baton rouge, as well as the rural and…

Ended Project Grant Awarded Last action

Award ID
ED22HDQ3070012
Recipient
Awarding agency
Obligated
$498,932

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Place of performance
New Orleans, LA 70112, USA

Award details come from USAspending.gov.

Description

This EDA investment supports the gulf coast health sciences corridor, led by the new orleans bioinnovation center, which includes the cities of new orleans and baton rouge, as well as the rural and suburban communities between them. The coalition aims to transform the region into a national leader in health sciences with a focus on addressing obesity and chronic disease by: 1.) creating economic opportunity through specialized workforce development with a focus on women, residents in rural areas and people of color, and 2.) strengthening the regions' research development and commercialization pipeline through infrastructure and collaboration to leverage industry expertise and promote startup creation and investment. The coalition believes that a strategic investment in south louisiana's health services industry cluster will help to create a resilient and equitable regional economy and reduce the state's health disparities.

Transactions

Action Obligated Date
Amendment -$1,051
Original award $499,983

Quick answers

Who received award ED22HDQ3070012?

ED22HDQ3070012 was awarded to New Orleans Bioinnovation Center, Inc. by Economic Development Administration (Department of Commerce) on December 12, 2021.

How much is award ED22HDQ3070012 worth?

$498,932 has been obligated on ED22HDQ3070012.

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