NCET and DRI recognized for excellence by EDA
The US Department of Commerce Economic Development Administration (EDA) has recognized NCET, Nevada’s Center for Entrepreneurship and Technology, and DRI, the Desert Research Institute for excellence in economic development grant performance.
Both NCET and DRI have received previous awards from the EDA, which announced that NCET will receive an additional $20,000 grant while DRI will receive an additional $5,700. The original EDA grants in 2006 were facilitated by Nevada Senator Harry Reid when NCET received $200,000 and DRI received $57,000.
NCET was recognized for its work on a variety of programs designed to encourage Nevadans to start new businesses, and to then connect them to the resources they need to succeed.
“NCET’s work with entrepreneurs and small businesses is very important for Nevada’s economic growth and vitality, and I am pleased that the EDA chose to recognize their efforts,” Reid said. “DRI plays a critical role in the environmental research that occurs within Nevada’s System of Higher Education. I’m excited about the prospects of the research park, which will tap into emerging technologies and clean energy.”
“NCET won for its notable demonstration of organizational leadership, innovation, entrepreneurship and regional collaboration to achieve greater competitiveness in the global marketplace,” said Barbara Earman, from the EDA.
“We are honored to be recognized by the EDA for NCET’s work in helping Nevada’s entrepreneurs and small businesses,” said Dave Archer, NCET’s CEO. “They drive Nevada’s economy, and we are pleased that we’re able to help them.”
DRI was recognized for its feasibility study and business plan of a new business incubator to be located at DRI’s Research Park in Reno, NV. The proposed incubator is designed to provide resources and expertise to technology based companies from the local community and emerging technology developed at DRI and the University of Nevada.
“To be recognized by the EDA for performance excellence with an additional financial award is a tremendous shot in the arm, and even more important are the relationships our community is building with the EDA and the Department of Commerce,” said Jeff Pickett, Managing Director of the DRI Research Park.
NCET and DRI were notified of the awards by Congressman Dean Heller’s office. Congressman Heller noted, “I am very pleased that the EDA has selected two Nevada organizations for this honor. DRI and NCET are excellent examples of how the private and public sectors can work together for the betterment of all Nevadans.”
