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Amount Requested: $2,650,000 The funds will be used by the City of Valparaiso, through its partnership with the Valparaiso Economic Development Corporation, to make a significant investment in the Entech Innovation Center. The Center, which was established in 2008, is a business incubation and acceleration program dedicated to recruiting and attracting new technology related business ventures to the region. Specifically, the funds will be used to facilitate and equip wet labs to accommodate the recruitment and commercialization of start-up companies and corporate expansions in the medical diagnostics and medical instrumentation industries. The investment will allow the Center to provide top quality facilities and business services in an expanding industry, bringing much-needed high tech jobs to Northwest Indiana. Recipient Address: City of Valparaiso, 166 Lincolnway, Valparaiso, IN 46383 |
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