Commerce Dept Names 26 Recipients of Regional Innovation Strategies Grants
U.S. Secretary of Commerce Penny Pritzker announced the first 26 recipients of the 2014 Regional Innovation Strategies program grants. Managed by the Economic Development Administration, the Regional Innovation Strategies (RIS) program is designed to advance innovation and capacity-building activities in regions across the country through three different types of grants:
- i6 Challenge grants;
- Cluster Grants for Seed Capital Funds; and,
- Science and Research Park Development Grants (read more in the Sept 4, 2014 issue of the Digest).
Sec. Pritzker announced $10 million in total funding will be made to the 17 i6 Challenge grant awardees and nine organizations for Cluster Grants for Seed Capital Funds. The winners of the third component of RIS – Science and Research Park Development Grants – will be announced in the coming weeks. Read the announcement…
This is the first year funding is available through the program, which has been SSTI’s top D.C. legislative priority for the last three years.