The University of Rhode Island Research Foundation, in conjunction with Rhode Island Commerce and a regional team focused on the growing blue economy, has successfully competed against hundreds of regional teams across the country to be selected by the U.S. Economic Development Administration as a finalist in the nation-wide Build Back Better Regional Challenge. .
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URI Research Foundation's blue economy proposal a federal Build Back Better Regional Challenge finalist pbn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pbn.com Daily Mail and Mail on Sunday newspapers.
401 Tech Bridge offering $50K for unmanned surface vehicle design challenge for U.S. Navy pbn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pbn.com Daily Mail and Mail on Sunday newspapers.
401 Tech Bridge receives $725K in federal funds
401 TECH BRIDGE was awarded $724,674 from the Economic Development Administration.
PROVIDENCE – 401 Tech Bridge has received $724,674 in federal funds to focus on job growth in the state’s blue economy sector, the R.I. congressional delegation announced Friday.
The funds come from the Economic Development Administration’s Scaling Pandemic Resilience Through Innovation and Technology Challenge program. The program was created in the Coronavirus Aid, Relief and Economic Security Act.
Funds will be used to create a Blue Tech Accelerator in partnership with MassChallenge to develop a fellowship program to help startups grow, to leverage its partner network to identify funding and connections for companies in the sector, and to execute programs to bring startups to scale in the blue tech supply chain.