Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County selects FedTech to vet commercialization applicants; $10 million job/innovation package drew 104 applicants
Summary
The county contracted FedTech to evaluate commercialization proposals for a $10 million competitive package (technology innovation and founders funds) and reported 104 applicants; after applicant adjustments staff said they expect to fund substantially more companies than an initial pass indicated.
County officials briefed the Economic Development Committee on the administration’s commercialization and job‑creation funding program established by a $20 million FY24 supplemental appropriation. The appropriation created a $10 million set of competitive grants (technology innovation and founders funds) and a $10 million jobs program; the administration contracted FedTech as an outside commercialization reviewer to evaluate competitive applicants.
Officials said the competitive technology and founders grant call attracted 104 applicants for the $7 million technology innovation pot and $3 million founders fund.…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
