This EDA investment will assist the center to foster innovation and commercialization at the university of puerto rico - RIO piedras with providing support for companies affected by hurricane fiona…

Active Project Grant Awarded Last action

Award ID
ED24PHI0G0252
Recipient
Awarding agency
Obligated
$479,351

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date 99% complete
Originally
Funding
  • $377,375.00 Federal
  • $101,976.00 Non-federal
Place of performance
Puerto Rico

Award details come from USAspending.gov.

Description

As the agency reported it.

This EDA investment will assist the center to foster innovation and commercialization at the university of puerto rico - RIO piedras with providing support for companies affected by hurricane fiona and other natural disasters through collaborative university-industry projects. The center to foster innovation and commercialization will design an impact-oriented university-industry program with a roadmap on best practices, including recommendations for the appropriate financial structure and sustainability, so the program can be effectively implemented in puerto rico.

Transactions

Action Federal Non-federal Date
Amendment $0 $0
Original award $377,375 $101,976

Subawards

Subrecipient Amount Awarded
University Of Houston System In addition to providing expertise and resources, the UH team will actively participate in the study in the city of Houston and Puerto Rico through the program.… $50,775
Old Dominion University The objective of this partnership is to foster university-industry collaboration as a tool for economic development and resilience. ODU's role will involve… $50,000

Quick answers

Who received award ED24PHI0G0252?

ED24PHI0G0252 was awarded to University Of Puerto Rico by Economic Development Administration (Department of Commerce) on May 22, 2024.

How much is award ED24PHI0G0252 worth?

$479,351 has been obligated on ED24PHI0G0252: $377,375 in federal funding and $101,976 in non-federal funding.

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