FOR IMMEDIATE RELEASE
December 13, 2021
Contact: Leah Epstein, VP of Engagement
Northeast Ohio wins Build Back Better Regional Challenge Phase 1 Grant
MAGNET-led coalition will compete for up to $75 million to supercharge regional economy
CLEVELAND, OH – The U.S. Economic Development Agency selected a MAGNET-led effort as one of 60
national finalists, and the only in Ohio, for the Build Back Better Regional Challenge (BBBRC) grant. The
coalition’s proposal outlines ways to fortify supply chain resilience through the growth of smart manufacturing and advanced materials and a sharp eye toward equitable outcomes. The phase 1 grant will support further planning of projects across Northeast Ohio, including remote health monitoring device development, the deployment of smart sensors throughout Lake Erie’s ports and waterways, and a commercialization facility to innovate and test new smart materials.
Read the full news release here.