Over the last month, the Economic Development Administration (EDA) announced over $8 million in grants to expand entrepreneurial and business support services in Alabama, New York, and Texas including:
- $2.9 million to PortAL – a business incubator in Mobile, AL – to renovate and modernize the former Threaded Fasteners building to provide entrepreneurial support services and house tech startups;
- $2.6 million to High Tech Rochester to facilitate the development of the Rochester-Finger Lakes Business Accelerator Hub Facility that will provide incubator space for high-growth potential startup businesses as well as services for existing manufacturing companies;
