Bring together public, private, and academic partners into collaborative regional consortia (?tech hub?) focused on growth that builds on their region?s assets and potential

Ended Project Grant Awarded Last action

Award ID
ED24HDQ0G0540
Recipient
Awarding agency
Obligated
$555,556

Award facts

Assistance listing
11.039 Regional Technology and Innovation Hubs
Completion date
Funding
  • $500,000.00 Federal
  • $55,556.00 Non-federal
Place of performance
Brunswick, ME 04011, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

Activities
Ensuring clear and effective governance and leadership of the consortium through the appointment of a regional innovation officer --pursuing additional funding, alternative investment, and benefits of designation that advance the hub?s plan to commercialize technologies critical to national security --participating in the EDA tech hubs community of practice --establishing data collection and metrics tracking systems to report on performance measures and program outcomes --educating private industry, local institutions, and other stakeholders about regional assets, workforce development needs, and other opportunities to develop globally competitive businesses within in their hub?s selected critical technology area --maintaining cohesion across the consortia as EDA awaits further tech hubs appropriations expected outcomes: --fulfilling investment and policy commitments identified in the phase 2 application --attracting new partners and capital providers committed to sustaining the consortia?s momentum --development of industry-supporting infrastructure within the region to support the growth and modernization of U.S. Manufacturing and improve commercialization and domestic production of innovative research.
Subrecipient activities
Coordinate tech hub's overall development of globally competitive regional industry. Execute development and governance work under direction of regional innovation officer.

Quick answers

Who received award ED24HDQ0G0540?

ED24HDQ0G0540 was awarded to Maine Technology Institute by Economic Development Administration (Department of Commerce) on September 1, 2024.

How much is award ED24HDQ0G0540 worth?

$555,556 has been obligated on ED24HDQ0G0540: $500,000 in federal funding and $55,556 in non-federal funding.

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