Federal grant · project grant (b)
This Eda Investment Supports the Western New York's Advanced Manufacturing Cluster, Led by the Empire State Development Corridor, With Strengthening the Advanced Manufacturing Sector in Buffalo, New York by Accelerating the Growth of Advanced Manufacturing in the Region. the Projects Funded as Part of This Award Include Development of the Northland Corridor in Buffalo's East Side by Renovating Two Industrial Buildings and Creating a Clean Energy Microgrid to Power the Campus. Funding Will Also Expand a Small- and Mid-sized Manufacturer Training Program at the Buffalo Manufacturing Works and Build Out a Career Readiness Program to Expand On-ramps Into an Advanced Manufacturing Career. Once Implemented, the Investment Will Help Develop and Strengthen Regional Industry Clusters - All While Embracing Economic Equity, Creating Good-paying Jobs, and Enhancing U.s. Competitiveness Globally.
Committed
$7.0 Million
Paid out
$5.8M
83%
Committed, not yet paid
$1.2M
17%
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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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