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By Anna Eyler Circular business practices revolutionize industries, mitigate environmental impact, minimize waste generation, achieve cost reductions, and drive sustainable innovation for a brighter future. In a circular economy, materials and products are utilized for their maximum lifespan. Cutting-edge innovations from companies like InventWood and Quantum Loophole are shining examples of how local ingenuity will … Read more

[Frederick, MD], Dec. 26, 2022– Frederick Innovative Technology Center, inc. announced today it received a $88,000 grant from Truist Foundation to assist in funding the Innovation Driven Entrepreneurship Accelerator (IDEA) Lab at FITCI’s new center, The EDGE@321, opening in 2023. This program will help early-stage entrepreneurs start their businesses and get them on the road … Read more

Contact: EDA Public Affairs Department, (202) 482-4085October 5, 2022 WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding 51 “Build to Scale” grants – totaling $47 million – to organizations that support technology entrepreneurs, catalyze innovation and fuel economic growth. EDA’s “Build to Scale” program provides annual grants that … Read more