047907801
Project Grant
Overview
Grant Description
This EDA investment supports the Accelerate NC - Life Sciences Manufacturing Coalition, led by the North Carolina Biotechnology Center, with strengthening the state's life sciences sector by investing in a more robust pipeline of biotech talent across the state and expanding those opportunities to underserved and historically excluded communities. The coalition will expand entry-level biotechnology training programs at ten North Carolina community colleges and establishes university-based, life sciences training hubs at seven minority serving institutions across the state.
The coalition and its private sector partners will also create ambassador and mentorship programs to break down barriers to careers in the biotech industry, prioritizing equity alongside economic growth. Once implemented, the investment will help develop and strengthen regional industry clusters - all while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.
The coalition and its private sector partners will also create ambassador and mentorship programs to break down barriers to careers in the biotech industry, prioritizing equity alongside economic growth. Once implemented, the investment will help develop and strengthen regional industry clusters - all while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
Raleigh,
North Carolina
27603-1379
United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Analysis Notes
COVID-19 $16,422,220 (100%) percent of this Project Grant was funded by COVID-19 emergency acts including the American Rescue Plan Act of 2021.
North Carolina Community College System Office was awarded
Accelerate NC - Life Sciences Training & Mentorship Program
Project Grant 047907801
worth $16,422,220
from Economic Development Administration in September 2022 with work to be completed primarily in Raleigh North Carolina United States.
The grant
has a duration of 3 years 4 months and
was awarded through assistance program 11.307 Economic Adjustment Assistance.
$4,083,310 (20.0%) of this Project Grant was funded by non-federal sources.
Status
(Ongoing)
Last Modified 10/25/22
Period of Performance
9/8/22
Start Date
1/8/26
End Date
Funding Split
$16.4M
Federal Obligation
$4.1M
Non-Federal Obligation
$20.5M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
047907801
SAI Number
None
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
State Government
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
G1DDLK6DL1S3
Awardee CAGE
4LH68
Performance District
02
Senators
Thom Tillis
Ted Budd
Ted Budd
Representative
Deborah Ross
Budget Funding
| Federal Account | Budget Subfunction | Object Class | Total | Percentage |
|---|---|---|---|---|
| Economic Development Assistance Programs, Economic Development Administration, Commerce (013-2050) | Area and regional development | Grants, subsidies, and contributions (41.0) | $16,422,220 | 100% |
Modified: 10/25/22