Ecovative Design EIP Capital

Ecovative Design, manufacturer of bio-based materials has been awarded $250,000 for the purchase of machinery & equipment to expand production to meet customer demand. They will be expanding into a new facility allowing expansion of 25,000 SF manufacturing space, totaling 35,000 SF. They will add 10 new jobs to existing workforce of 35. An official ribbon-cutting was held on 6/4/2012. This was a start up of 2 RPI graduates, a home grown university business enterprise.
Program Name:
Environmental Investment Program - Capital
Agency ID:
ESD
Applicant Name:
Ecovative Design, LLC
Region:
Capital District
CFA Number:
6161
Round Number:
1
Round Key:
1
CFA Award Amount:
$250,000
Grant Money Disbursed to Date:
$0
Anticipated Completion Date:
Commencement Date:
Contract Executed: