ED24PHI0G0295
Project Grant
Overview
Grant Description
This investment will support the renovation of approximately 17,203 sq. ft. of leased space within an overall 113,000 sq. ft. campus, located at 50 Sims Avenue in Providence, RI.
401 Tech Bridge Advanced Materials and Technology Center with its full complement of lab facilities, flexible work and meeting space for training industry and community partners, promote collaboration between private businesses and public entities for the development of new technologies, products, and processes.
This Advanced Materials and Technology Center will assist companies in Rhode Island to bring advanced materials and manufacturing technologies, processes, and products to market faster and realize business expansions, attract new businesses to Rhode Island and surrounding region, and create an estimated 2,000 new jobs.
401 Tech Bridge Advanced Materials and Technology Center with its full complement of lab facilities, flexible work and meeting space for training industry and community partners, promote collaboration between private businesses and public entities for the development of new technologies, products, and processes.
This Advanced Materials and Technology Center will assist companies in Rhode Island to bring advanced materials and manufacturing technologies, processes, and products to market faster and realize business expansions, attract new businesses to Rhode Island and surrounding region, and create an estimated 2,000 new jobs.
Funding Goals
SUBJECT TO THE AVAILABILITY OF FUNDS, AWARDS MADE UNDER THIS NOFO WILL HELP COMMUNITIES AND REGIONS DEVISE AND IMPLEMENT LONG-TERM ECONOMIC RECOVERY STRATEGIES THROUGH A VARIETY OF NON-CONSTRUCTION AND CONSTRUCTION PROJECTS, AS APPROPRIATE, TO ADDRESS ECONOMIC CHALLENGES IN AREAS WHERE A PRESIDENTIAL DECLARATION OF A MAJOR DISASTER WAS ISSUED UNDER THE ROBERT T. STAFFORD DISASTER RELIEF AND EMERGENCY ASSISTANCE ACT (42 U.S.C. SECTION 5121 ET SEQ.) (STAFFORD ACT) "AS A RESULT OF HURRICANES IAN AND FIONA, AND OF WILDFIRES, FLOODING, AND OTHER NATURAL DISASTERS OCCURRING IN CALENDAR YEARS 2021 AND 2022...."
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
Providence,
Rhode Island
02909-1023
United States
Geographic Scope
Single Zip Code
Related Opportunity
The University Of Rhode Island Research Foundation was awarded
401 Tech Bridge Advanced Materials Center in Providence, RI
Project Grant ED24PHI0G0295
worth $3,953,632
from Economic Development Administration in June 2024 with work to be completed primarily in Providence Rhode Island United States.
The grant
has a duration of 3 years 4 months and
was awarded through assistance program 11.307 Economic Adjustment Assistance.
$988,408 (20.0%) of this Project Grant was funded by non-federal sources.
The Project Grant was awarded through grant opportunity FY 2023 Disaster Supplemental.
Status
(Ongoing)
Last Modified 8/29/25
Period of Performance
6/25/24
Start Date
10/25/27
End Date
Funding Split
$4.0M
Federal Obligation
$988.4K
Non-Federal Obligation
$4.9M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
ED24PHI0G0295
SAI Number
None
Award ID URI
None
Awardee Classifications
Nonprofit With 501(c)(3) IRS Status (Other Than An Institution Of Higher Education)
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
SJHQJ4MJGS68
Awardee CAGE
6SQR3
Performance District
RI-02
Senators
Sheldon Whitehouse
John Reed
John Reed
Modified: 8/29/25