Manchin Announces Funding to Spur Economic Growth and Job Creation in West Virginia
Kanawha County will benefit from $500,000 EDA investment
Washington, D.C. – U.S. Senator Joe Manchin (D-WV) today announced the Economic Development Administration (EDA) will award $500,000 to TechConnect’s ScaleUp West Virginia initiative to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy. This funding will spur innovation and entrepreneurship, long-term competitiveness and diversification and job creation across West Virginia.
“In order to improve West Virginia’s economic success and boost our economy, we need to ensure our public and private sectors work together,” Senator Manchin said. “The strategies created and implemented with this funding will coordinate our resources efficiently to overcome our economic challenges and spur our economic growth and develop new opportunities across West Virginia.”
TechConnect aims to diversify West Virginia’s economy through innovation in advanced energy, chemicals and advanced materials, biometrics, and biotechnology. TechConnect works to build a culture that supports innovation and entrepreneurship, access to capital, and a proactive business climate with incentives for innovation-based start-ups.
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