Boise State Gets $300,000 To Help With Local Recovery
Boise State is getting a $300,000 grant from the federal government to help boost the economy and provide businesses with a way out after the pandemic.
The grant is coming from the U.S. Department of Commerce’s Economic Development Administration, and since Boise State is important to the Treasure Valley as an economic hub, the goal is to boost its capacity to "support regional economic development strategies in response to the coronavirus pandemic."
Secretary of Commerce Wilbur Ross said, "these funds will help provide Idaho with the necessary resources to make a swift and lasting economic comeback.”
Boise State’s TechHelp University Center is one of the more than 850 grant recipients invited to apply for supplemental funding under the CARES Act.
Boise State is an official University Center, which means BSU is part of a program that recognizes that schools can help with things like workforce development, business counseling services, and seminars and workshops on topics like regional strategic planning and capital budgeting.
All necessary things to open the floodgates and get Idaho moving toward a full economic recovery.