The purpose of the ifab hub management project is to aid with building a long-term management model to scale precision fermentation and convert underutilized corn feedstocks into high-value,…
Active Project Grant Awarded Last action
- Award ID
- ED24HDQ0G0423
- Recipient
-
University Of Illinois UEI Y8CWNJRCNN91
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $6,806,388
Award facts
- Assistance listing
- 11.039 Regional Technology and Innovation Hubs
- Completion date 43% complete
- Funding
-
- $3,999,346.00 Federal
- $2,807,042.00 Non-federal
- Place of performance
- Champaign, IL 61820, USA
Award details come from USAspending.gov.
Description
- Activities
- 1)hire ifab staff and designate an advisory board for consortium members to provide feedback and insight on hub direction and additional opportunities. Establish multiple ifab councils to engage different stakeholders regarding ifab?s success.2)implement an ifab communications strategy that includes KPI tracking and data management for tech hub progress. Establish consistent methods of communication and market strategy through website developments, announcement events, ceremonies, and monthly meetings with partners.
- Expected outcomes
- Aid the tech hub by coordinating regional assets and stakeholders across the ecosystem. Establish a governance and management system which supports the tech hub to implement its core projects. Maintain constant communication with leadership, workforce, and create output-based documentation to track progress.
- Intended beneficiaries
- Ifab management will partner with organizations with missions to economically develop the region, attract other businesses to the region, and provide avenues for growing companies to expand in the biomanufacturing industry.
- Subrecipient activities
- 1)employ a business development professional focused on precision fermentation and biomanufacturing and an administrative project manager through relationship-building, knowledge of champaign county resources, and connections to the state commerce organizations. 2)bridge resources between decatur and champaign counties by fostering relationships with industry partners to improve resource planning.
Subawards
| Subrecipient | Amount | Awarded |
|---|---|---|
| Champaign County Economic Development Corp | $176,706 | |
| Economic Development Corporation Of Decatur-Macon County | $45,955 |
Quick answers
Who received award ED24HDQ0G0423?
ED24HDQ0G0423 was awarded to University Of Illinois by Economic Development Administration (Department of Commerce) on September 1, 2024.
How much is award ED24HDQ0G0423 worth?
$6,806,388 has been obligated on ED24HDQ0G0423: $3,999,346 in federal funding and $2,807,042 in non-federal funding.
On GovTribe
See this award's full record
- Every transaction and subaward
- The recipient's other awards and teaming partners
- Similar grant awards
- Ask GovTribe AI about this award