The US Department of Commerce Economic Development Administration last week recognized Nevada's Center for Entrepreneurship and Technology and the Desert Research Institute for excellence in economic development grant performance.
NCET will receive an additional $20,000 grant from the EDA while DRI will receive an additional $5,700. The original EDA grants in 2006 were facilitated by Sen. Harry Reid when NCET received $200,000 and DRI received $57,000.
NCET was recognized for its work on programs designed to encourage Nevadans to start new businesses, and to then connect them to the resources they need to succeed.
DRI was recognized for its feasibility study and business plan of a new business incubator to be located at DRI's Research Park in Reno.
The proposed incubator is designed to provide resources and expertise to technology based companies from the community and emerging technology developed at DRI and the University of Nevada, said Jeff Pickett, managing director of DRI Research Park.
