The U.S. Small Business Administration (SBA) announced today the addition of three more cluster organizations to the portfolio of communities supported through the SBA Regional Innovation Clusters initiative, raising the total number of awardees in the program to 14.
The three new Regional Innovation Clusters—each receiving $500,000 for the base year of the contract, with four option years to be exercised at the SBA’s discretion, for up to a total of $2.5 million per cluster initiative—are: