News

Pitt awarded $2.2 million to help grow regional economy

Pitt was awarded $2.2 million as a part of Joe Biden’s Build Back Better Regional Challenge. Biden designed this challenge to help build regional economies following the pandemic. The White House gave the total $62.7 million grant to the Southwestern Pennsylvania New Economy Collaborative, and Pitt received a portion of the total.

The funding helps Pitt invest in small businesses and displaced workers by expanding initiatives in education and training for workers in the southwestern Pennsylvania area interested in the region’s robotics and AI fields. 

The application for the award focused on the negative impacts of the decline of steel manufacturing in the region and the burgeoning robotics and automation industry. According to Stefani Pashman, CEO of the Allegheny Conference on Community Development, the plan will generate more than $550 million in regional gross domestic product. 

According to Pittwire, Pitt will use the donation to meet with manufacturing businesses to help them adopt new technology, to help grow companies in “underserved areas” and for scholarships for students in the region to earn the Applied Data Driven Methods certificate. 

newsdesk

Share
Published by
newsdesk

Recent Posts

Frustrations in Final Four: Pitt volleyball collects fourth straight loss in Final Four

The best team in Pitt volleyball history fell short in the Final Four to Louisville…

2 days ago

Olivia Babcock wins AVCA National Player of the Year

Pitt volleyball sophomore opposite hitter Olivia Babcock won AVCA National Player of the Year on…

2 days ago

Photos: Pitt women’s basketball falters against Miami

Pitt women’s basketball fell to Miami 56-62 on Sunday at the Petersen Events Center.

3 days ago

Photos: Pitt volleyball downs Kentucky

Pitt volleyball swept Kentucky to advance to the NCAA Semifinals in Louisville on Saturday at…

3 days ago

Photos: Pitt wrestling falls to Ohio State

Pitt Wrestling fell to Ohio State 17-20 on Friday at Fitzgerald Field House. [gallery ids="192931,192930,192929,192928,192927"]

3 days ago

Photos: Pitt volleyball survives Oregon

Pitt volleyball survived a five-set thriller against Oregon during the third round of the NCAA…

3 days ago