Hoeven: Economic Development Administration Awards $100,000 to NDSU Research & Technology Park

WASHINGTON – Senator John Hoeven, who serves on the U.S. Senate Appropriations Committee, today announced that the Economic Development Administration (EDA) has awarded $100,000 to the University Center at North Dakota State University’s (NDSU) Research and Technology Park. The EDA investment funds the fourth year of a five-year University Center Economic Development program that provides technical assistance and research and development tools to increase productivity, encourage innovation and promote entrepreneurship.

“In order to continue building North Dakota into an economic hub, it’s important to invest in programs that spur innovation and promote entrepreneurship,” Hoeven said. “Today’s EDA grant will help increase long-term regional competitiveness and economic diversification.”