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Commissioners probe proposal to move federally backed Miami tech hub into nonprofit; county says outside funding hinges on nonprofit status
Summary
Committee discussed proposed transition of a Miami regional tech hub from county control to an independent nonprofit to secure federal and private funding. Commissioners asked for clearer staffing, in‑kind cost and governance details before endorsing the move; the committee moved the item without recommendation pending amendments.
The committee on July 9 examined a proposal to transition the Miami regional tech hub into an independent nonprofit entity in order to meet grant conditions and secure additional private funds.
What staff said about grant conditions and funding: James Gunn, director of economic development, said the U.S. Economic Development Administration (EDA) awarded a regional tech-hub grant that requires the recipient to be an independent not‑for‑profit. Gunn said the award total is approximately $19,500,000 and that private funding (a Knight Foundation contribution discussed in…
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