THIS IS AN ARCHIVED SITE

This site contains information that has been considered archived and will no longer be updated. Visit the CURRENT eda.gov website.

Jump to main content.

National Institute Of Aerospace Associates

Location

Hampton, VA

Project Name

757Accelerate

Program

i6

Award Amount

Federal Share

Non-Federal Share

$499,833.00

$500,002.00

The National Institute of Aerospace (NIA), together with the cities of Chesapeake, Hampton, Newport News, Portsmouth, and Norfolk, will create 757 Accelerate, an accelerator program that will focus on the development of high growth, quality ventures that will attract capital, create jobs, and ultimately, diversify and grow the Hampton Roads economy in Southeastern Virginia. The need for this project stems from the Hampton Roads region and economy’s overdependence on military spending, and with the recent cutbacks in federal spending have had serious effects on the economy. The 757 Accelerate program will focus on accelerating companies in emerging technology clusters as well as a focus on recruiting veteran entrepreneurs. The NIA anticipates that at the end of the grant period, they would have supported the creation of 15 new viable companies that would contribute 105 new jobs to their local economy.

Office of Innovation and Entrepreneurship (OIE)

Build To Scale (B2S)
formerly Regional Innovation Strategies Program (RIS)

SPRINT Challenge

STEM Talent Challenge

Accelerate R2 Network Challenge

National Advisory Council on Innovation & Entrepreneurship (NACIE)

Resource Directory Disaster Recovery Annual Reports Stay Connected
(Subscribe to EDA's monthly e-newsletter)

Facebook icon Twitter icon LinkedIn icon YouTube icon