09/16/2020 | Press release | Distributed by Public on 09/16/2020 16:01
Washington, D.C. - Today, Representatives Marcy Kaptur (D-OH) and Marcia Fudge (D-OH) released the following statement announcing that the Cleveland Water Alliance has been awarded $600,000 in federal funding to support the organization's mission to better utilize the economic and job-creating potential of Lake Erie and investment in the 'blue economy.' The funding was awarded through a competitive grant application through the Economic Development Administration's (EDA) Build to Scale Program.
'As co-Chair of the Great Lakes Task Force, I am thrilled to announce $600,000 in funding to the Cleveland Water Alliance to boost sustainable economic development based off of Lake Erie,' said Rep. Kaptur. 'During the ongoing economic recession resulting from the pandemic, these funds will be critical as our region fights to recover. The innovation and job creation this funding will support will help Cleveland and Northern Ohio communities build our strategic advantage on the Great Lakes. As our nation faces dire climate change and water crises, our region is leading to produce innovative water technologies that protect the environment and clean drinking water for future generations.'
'I am proud to announce Cleveland Water Alliance has received an EDA grant to research, develop, and scale up innovative water technology that will help ensure clean water solutions, create new job opportunities and boost economic growth right here in Northeast Ohio,' said Rep. Fudge. 'This award will help to establish an economic framework for regional experts, businesses and entrepreneurs to conserve and optimize freshwater resources. Through the Blue Economy Innovation Initiative, the Great Lakes region has the opportunity to become a driver of innovative water technology, which will benefit the health and wellness of consumers for years to come.'
The Cleveland Water Alliance is made up of research institutions, industry leaders, environmental organizations, and public utilities dedicated to building upon Ohio and the Great Lakes' assets and resources to create a clean water innovation ecosystem that harnesses technology, spurs the economy, enhances education and drives research. The funds will be used to support entrepreneurship, acceleration of company growth, and increased access to risk capital across regional economies.