EDA University Center
Auburn University Awarded Funding Through Economic Development Competition
The U.S. Department of Commerce has awarded Auburn University funding under the U.S. Economic Development Administration’s (EDA) 2017 University Center Economic Development Program Competition. EDA is providing a total of $2.7 million in grants to 22 colleges and universities in 16 states to run programs that will leverage university assets to promote American innovation and strengthen regional economies.
Over the next five years, Auburn University’s EDA University Center grant will support student and community entrepreneurs, incubators across the state, as well as entrepreneurial ecosystems in distressed counties and regions. Auburn will work with the Alabama Launchpad’s new Auburn Regional Launchpad startup business plan competition to assist entrepreneurs with development of their ideas as well as economic developers across the state who provide training and assistance.
Last Updated: October 12, 2017