This EDA investment supports the bold north bioinnovation cluster, led by the minneapolis saint paul regional economic development partnership, with their proposal to make minnesota the…

Ended Project Grant Awarded

Award ID
ED22HDQ3070043
Recipient
Awarding agency
Obligated
$500,000

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Place of performance
St Paul, MN 55101, USA

Award details come from USAspending.gov.

Description

This EDA investment supports the bold north bioinnovation cluster, led by the minneapolis saint paul regional economic development partnership, with their proposal to make minnesota the problem-solving capital of the new economy through a BIO-innovation cluster. Many of the largest employers in BIO-innovation were founded there decades ago and grew to be global leaders, including cargill, the mayo clinic, general mills, ecolab, medtronic, and land olakes. If provided an implementation grant, the coalition proposes to support the next generation of BIO-innovation by investing in bipoc workers, entrepreneurs, and existing businesses to not only improve upon existing regional assets but overcome historical barriers to employment in one of the regions fastest growing sectors.

Quick answers

Who received award ED22HDQ3070043?

ED22HDQ3070043 was awarded to Minneapolis-St. Paul Regional Economic Development Partnership by Economic Development Administration (Department of Commerce) on December 12, 2021.

How much is award ED22HDQ3070043 worth?

$500,000 has been obligated on ED22HDQ3070043.

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