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
- 0000002406
- Awardee
- PLUG IN SOUTH LOS ANGELES
- Contracting organization
- Business & Economic Developmnt
- Contract amount
- $750,000
Award facts
Updated .
About this award
Plug In South Los Angeles has been awarded a contract by the California Business & Economic Development organization for an "Encumbrance Only" contract totaling $750,000. The contract, identified as ACAHUB2023-C10, focuses on facilitating the transformation of technological inventions into impactful business ventures by accelerating startup and growth of technology and science-based firms across key industry areas.
The contract encompasses three distinct line items, each valued at $250,000, covering performance periods from October 2023 through September 2026. The contract includes an original period and an Amendment #2, suggesting ongoing support for technology-based entrepreneurial ecosystem development. The primary objective appears to be supporting emerging technology firms by providing strategic acceleration and development resources, with the goal of converting scientific and technological innovations into viable commercial enterprises.
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. 10/25/2023-09/30/2025 ACAHUB2023-C10 | $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. 10/25/2023-09/30/2024 ACAHUB2023-C10 | $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. 10/01/2023-09/30/2026 ACAHUB2023-C10 AMENDMENT #2 | $250,000.00 |
Quick answers
Who was awarded contract 0000002406?
Contract 0000002406 was awarded to PLUG IN SOUTH LOS ANGELES by Business & Economic Developmnt in California on January 2, 2026.
How much is contract 0000002406 worth?
Its contract amount is $750,000.
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