U.S. Rep. Morgan Griffith representing Virginia's 9th Congressional District | Official U.S. House headshot
U.S. Rep. Morgan Griffith representing Virginia's 9th Congressional District | Official U.S. House headshot
The U.S. Department of Commerce’s Economic Development Administration (EDA) has awarded $338,086 to the Roanoke-Blacksburg Innovation Network. The EDA investment supports a project aimed at guiding and facilitating innovation in the Roanoke-New River Valley area and beyond. U.S. Congressman Morgan Griffith (R-VA) issued the following statement:
“Through this grant, U.S. EDA has recognized the Roanoke-New River Valley region as an attractive hub for innovative businesses and companies.
“This $338,086 grant helps Roanoke-Blacksburg Innovation Network lead mentoring sessions and roundtable events in collaboration with local and statewide partners to assist early-stage startups.”
The project funded by the EDA grant is known as the Catalyzing Entrepreneur Impact and Support Project. Upon completion, it aims to enhance future economic sustainability and bolster redevelopment in the region.
Main industries in the New River Valley include advanced manufacturing, food processing & agribusiness, information technology, and unmanned systems.
The Roanoke-Blacksburg Innovation Network, along with affiliated entities such as the Roanoke-Blacksburg Technology Council and Verge, actively secures grant funding to support regional innovators, entrepreneurs, and infrastructure investment.
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