WASHINGTON — U.S. Secretary of Commerce Wilbur Ross announced that the Department of Commerce's Economic Development Administration is awarding a $1.5 million grant to the North Dakota State University Research and Technology Park to aid with entrepreneurial development efforts.
The EDA grant will help NDSU purchase equipment for a newly retrofitted makerspace that supports student and local entrepreneurs. Furthermore, there will also be $500,000 in local funds expected to help create 180 jobs, per a press release.
The project is funded by the Additional Supplemental Appropriations for Disaster Relief Act of 2019, which provided the EDA with $600 million in additional Economic Adjustment Assistance Program funds for disaster relief recovery.
For more information, visit www.eda.gov/disaster-recovery/.