The New Orleans Bioinnovation Center, Inc. received a $499,983 Project Grant award from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program. The grant supports the Gulf Coast Health Sciences Corridor coalition led by the Center, which aims to transform the New Orleans and Baton Rouge region of Louisiana into a national leader in health sciences. Key services provided through the funding include specialized workforce development programs focused on women, rural residents, and people of color to create new economic opportunities. The award will also strengthen the region's research development and commercialization pipeline through infrastructure and collaboration initiatives to leverage industry expertise and promote startup creation and investment. The goal is to build a more resilient and equitable regional economy and reduce health disparities in the state. The period of performance for this EDA grant is from December 15, 2021 through December 14, 2023.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $500.0k | 12/12/21 |