Osceola County Leads Florida with $500,000 Build Back Better Award for NeoCity
Dec
15
2021
Osceola County Leads Florida with $500,000 Build Back Better Award for NeoCity
By Orlando Economic Partnership
Osceola County, in partnership with the Orlando Economic Partnership (the Partnership), the University of Central Florida, and BRIDG, was awarded half a million dollars from the U.S. Department of Commerce on Monday to develop a proposal to expand NeoCity’s semiconductor research, development, and manufacturing capabilities.
The regional coalition is one of 60 finalists, one of only eight technology-focused submissions, and the only Florida recipient selected from a pool of 529 applicants for Phase 1 of the U.S. Economic Development Administration’s (EDA) $1 billion “Build Back Better Regional Challenge,” which aims to develop and strengthen regional industry clusters across the country while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.