U.S. Department of Commerce Invests $1.2 Million to Support Innovation and the Development of a Space Industry Cluster in the Lower Rio Grande Valley of Texas
U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s Economic Development Administration (EDA) is awarding $1.2 million to the University of Texas at Brownsville. The EDA investment will help build a high-tech business incubation facility that will spur new business development associated with the region’s growing space industry cluster, according to the grantee.