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Springfield, MO
Missouri State University's downtown Springfield business incubator has been selected for a state grant.
The Efactory's $200,000 award from the Missouri Technology Corp. is being made through the Physical Infrastructure Grant Program, according to a news release.
"The vision of the grant program is to enhance and increase access to entrepreneurial support services throughout Missouri which will ensure companies can grow and scale,” said MTC Executive Director Jack Scatizzi, in the release.
With the funding, Efactory officials say they plan to expand its physical resources, largely through incubator space for businesses in manufacturing, health sciences, logistics and supply chain management, and technology.
Last month, The Efactory announced an expansion of its incubator space with Coworking@Brick, a concept that will be located on the third floor of Brick City Building 3 for use by remote workers, small-business owners and entrepreneurs, according to past reporting.
A safe room and classroom addition at Willard Central Elementary School will be used by the music, arts and athletic programs for a district that had 4,536 students last year, according to Missouri Department of Elementary and Secondary Education figures, but school officials say enrollment is projected to grow.