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$233K grant bolsters Baltimore area innovation districts

The federal Economic Development Administration has awarded the Economic Alliance of Greater Baltimore a $233,500 grant to aid in job growth and economic expansion in the area.

The grant, which the alliance will use in collaboration with the Baltimore Development Corp. and the Baltimore County Department of Economic and Workforce Development, provides funds for the region’s innovation districts.

“The project represents an incredible opportunity to market Greater Baltimore in new and exciting ways that ultimately will put this region front and center on the global stage for innovation,” Shannon Landwehr, president and CEO of the alliance, said in a news release.

Innovation districts in the area have already launched near Johns Hopkins, University of Maryland, Baltimore, Innovation Village, Towson University and University of Maryland, Baltimore County.

The districts are intended to leverage anchor institutions to build hubs for startups and entrepreneurs.