FY24 congressional community project funding delaware innovation space
Active Project Grant Awarded Last action
- Award ID
- SBAHQ24I0033
- Recipient
-
Delaware Innovation Space Inc. UEI YAFENN6Y7L56
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $1,425,000
Award facts
- Assistance listing
- 59.059 Congressional Grants
- Completion date 58% complete
- Place of performance
- Wilmington, DE, USA
Award details come from USAspending.gov.
About this award
The U.S. Small Business Administration's Office of the Chief Operating Officer awarded a $1,425,000 Congressional Grant (CFDA 59.059) to Delaware Innovation Space Inc., a non-profit organization located in Wilmington, Delaware. The funding will support small business development and entrepreneurship initiatives through the organization's 130,000 square foot multi-disciplinary wet laboratory incubator facility. The grant enables Delaware Innovation Space Inc. to provide emerging technology companies in the biotechnology, chemistry, and materials science sectors with access to research-enabling equipment, collaborative workspaces, and critical support services. This federal funding will help transform scientific concepts into commercially viable ventures, fostering technological innovation and economic development in the region.
Quick answers
Who received award SBAHQ24I0033?
SBAHQ24I0033 was awarded to Delaware Innovation Space Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.
How much is award SBAHQ24I0033 worth?
$1,425,000 has been obligated on SBAHQ24I0033.
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