EDA Announces Over $8M to Expand Entrepreneurial, Business Support Services in AL, NY, TX

September 08, 2016

Over the last month, the Economic Development Administration (EDA) announced over $8 million in grants to expand entrepreneurial and business support services in Alabama, New York, and Texas including:

  • $2.9 million to PortAL – a business incubator in Mobile, AL –  to renovate and modernize the former Threaded Fasteners building to provide entrepreneurial support services and house tech startups;
  • $2.6 million to High Tech Rochester to facilitate the development of the Rochester-Finger Lakes Business Accelerator Hub Facility that will provide incubator space for high-growth potential startup businesses as well as services for existing manufacturing companies;
  • $2 million to the University of Alabama (UA) to expand the UA Economic Development Resource Center in Tuscaloosa that provides economic development outreach services to businesses, governments, and citizens of Alabama; and,
  • $1.3 million to the University of Houston to establish a Community Innovation Center that will support workforce training and entrepreneurship programming to the surrounding community.
Alabama, New York, Texasincubators, dept of commerce, entrepreneurship