Federal grant · project grant (b)
This Eda Investment Supports Frederick Innovative Technology Center, Inc. With Making Building Renovations to Support a Science Business Incubator in Frederick, Maryland. the Project Will Construct Laboratory and Office Space to Assist Small, Tech-based Businesses as They Work to Grow and Create New Jobs and Economic Opportunities. Once Completed, the Project Will Attract New Industries, Create Jobs, Increase Global Competitiveness, and Promote Economic Resiliency Throughout the Region.
Committed
$4.6 Million
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Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
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One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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