Help facilitate the transformation of invention to impact by accelerating the startup and growth of technology and science-based firms in key industry…
Encumbrance Only California Awarded
- Contract number
- 0000002297
- Awardee
- CHICO ECONOMIC PLANNING CORP
- Contracting organization
- Business & Economic Developmnt
- Contract amount
- $749,999
Award facts
Updated .
About this award
Chico Economic Planning Corporation has been awarded a contract by the California Business & Economic Development organization for a technology and science-based startup acceleration initiative. The contract, valued at $749,999.24, focuses on facilitating the transformation of inventions into impactful business ventures across key industry sectors. The award is structured as an "Encumbrance Only" contract with a three-year performance period spanning from October 1, 2023, to September 30, 2026.
The contract is divided into three line items, each representing a fiscal year allocation designed to support the acceleration of technology and science-based firms. Each annual line item is valued approximately $250,000 and shares the consistent goal of helping startups transition from initial invention to market-ready enterprises. The contract, identified by the reference code ACAHUB2023-C03, includes an amendment (Amendment #2) for the third year, indicating potential scope adjustments or continued programmatic support for technology-driven economic development in California.
Line items
| Item | Total |
|---|---|
| Help facilitate the transformation of invention to impact by accelerating the startup and growth of technology and science-based firms in key industry areas. 10/01/2023-09/30/2024 ACAHUB2023-C03 | $250,000.00 |
| Help facilitate the transformation of invention to impact by accelerating the startup and growth of technology and science-based firms in key industry areas. 10/01/2023-09/30/2025 ACAHUB2023-C03 | $249,999.62 |
| Help facilitate the transformation of invention to impact by accelerating the startup and growth of technology and science-based firms in key industry areas. 10/01/2023-09/30/2026 ACAHUB2023-C03 AMENDMENT #2 | $249,999.62 |
Quick answers
Who was awarded contract 0000002297?
Contract 0000002297 was awarded to CHICO ECONOMIC PLANNING CORP by Business & Economic Developmnt in California on January 2, 2026.
How much is contract 0000002297 worth?
Its contract amount is $749,999.
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