Northeast oklahoma business development hub centers on spurring the development of biotech, aerospace and autonomous systems, and energy startup companies within a six-county region of northeastern…

Active Project Grant Awarded Last action

Award ID
ED23AUS0G0123
Recipient
Awarding agency
Obligated
$521,125

Award facts

Assistance listing
11.303 Economic Development Technical Assistance
Completion date 61% complete
Funding
  • $260,000.00 Federal
  • $261,125.00 Non-federal
Place of performance
Stillwater, OK 74078, USA

Award details come from USAspending.gov.

Description

Northeast oklahoma business development hub centers on spurring the development of biotech, aerospace and autonomous systems, and energy startup companies within a six-county region of northeastern oklahoma. The proposed program will establish a comprehensive evaluation system for gauging the eligibility of startup companies for external funding and facilitate effective collaboration between these qualifying small businesses and subcontracting opportunities with oklahoma state university?s research expertise and focus. Business incubators, county business development agencies, and tribal governments within the region will help market the services provided by the funding specialist to client businesses.

Transactions

Action Federal Non-federal Date
Amendment $130,000 $0
Original award $130,000 $261,125

Quick answers

Who received award ED23AUS0G0123?

ED23AUS0G0123 was awarded to The Innovation Foundation At Oklahoma State University, Inc. by Economic Development Administration (Department of Commerce) on October 1, 2023.

How much is award ED23AUS0G0123 worth?

$521,125 has been obligated on ED23AUS0G0123: $260,000 in federal funding and $261,125 in non-federal funding.

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