Waymaker will partner with ten selected
universities, nonprofits and business organizations across the
US
DALLAS, April 16,
2024 /PRNewswire/ -- Waymaker Group, a
full-service technology-based economic development (TBED) firm
focused on jumpstarting innovation ecosystems in emerging cities,
today announced its partnership with Massachusetts Institute of Technology's The Engine
Accelerator to support The U.S. National Science Foundation
(NSF).
NSF has committed to a three-year funding plan for The Engine
Accelerator, investing $9.5 million.
This investment will enable The Engine Accelerator to create and
manage the NSF Regional Innovation Engines Builder Platform.
Waymaker Group will collaborate with The Engine as the operational
and services partner, and provide NSF's awardees with education,
resources and extensive support services.
"Waymaker Group has been catalyzing growth for mid-market
cities, driving innovation economies, and championing economic
equity across America for over a decade," says Waymaker Founder and
CEO, Julie Huls. "Our strategic
partnership will help awardees plan the buildout of their projects,
source future funding, and most of all, enable proven technology
growth strategies in the awarded regions. We are excited to get our
boots on the ground and work closely with the awardees"
"Over the last seven years, The Engine has helped build the
Tough Tech ecosystem from an idea to a vibrant community supporting
teams taking on the biggest challenges facing society. We look
forward to using the lessons from those experiences to help realize
the vision NSF had for the Builder Platform and supporting the
awardees as they build their individual ecosystem." commented
Emily Knight, president of The
Engine Accelerator.
The Builder Platform will support ten teams spanning 18 states
helping each region leverage the initial NSF investment of
$15 million for two years.
NSF's initial $150 million
investment in these ten regions is being matched nearly two to one
in commitments from state and local governments, other federal
agencies, philanthropy and private industry.
About Waymaker Group
Waymaker Group is a
full-service technology economic development firm that has spent
the last decade focused on jumpstarting innovation
ecosystems in emerging U.S. cities. Waymaker's
partnership and expertise help city leaders plan and source
funding for mixed-use innovation spaces, develop clusters, attract
anchor tenants and build diverse talent pipelines. Waymaker Group
is also a certified woman-owned small business for the WOSB
Program. For more, visit
www.waymaker-group.com.
About MIT's The Engine
The
Engine Accelerator is a public benefit corporation that convenes
the Tough Tech community, offering access to the specialized labs,
equipment, tools, space, and infrastructure as well as the
resources and services necessary to build transformative
technologies as economically and efficiently as possible.
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SOURCE Waymaker Group