Media Contact: Kelly South 216-241-8458 ksouth@nortech.org EDA Grant Boosts NorTech Advanced Energy Cluster Development in Northeast Ohio May 6, 2010 (CLEVELAND) -- NorTech, a regional nonprofit economic development organization and catalyst for growing technology industries in Northeast Ohio, has been awarded a $300,000 grant by the Economic Development Administration of the U.S. Department of Commerce. This marks the first competitive federal grant to NorTech and Northeast Ohio for the development of a regional innovation strategy for the advanced energy industry. The funding is key to the ongoing efforts of NorTech Energy Enterprise, an initiative focused on accelerating commercial activity in the region’s advanced energy industry. “We are pleased to be working with EDA on such an important initiative for the Northeast Ohio region. The funding validates NorTech’s work to develop a thriving advanced energy cluster and its potential to serve as a national model for regional technology-based economic development,” said Rebecca O. Bagley, President and CEO of NorTech. There has been significant investment and momentum in many advanced energy sectors in Northeast Ohio. The EDA grant will be used to fund a series of roadmaps that will develop a regional vision in four emerging globally-competitive advanced energy sectors: Energy Storage, Smart Grid, Transportation Electrification, and Biomass/Waste-to-Energy. NorTech will continue to work broadly within the region’s advanced energy cluster while leading the roadmapping process. “The roadmaps will help us create a clear vision and path to develop a thriving advanced energy cluster in our region. The process will help us further identify Northeast Ohio’s advanced energy assets and how the region can leverage those assets to create a distinct advantage to become globally competitive in this industry now and in the future,” said Dave Karpinski, Vice President of NorTech and Director of NorTech Energy Enterprise. To develop the roadmaps, NorTech Energy Enterprise will engage regional industry, academia, government, and funding partners in a series of workshops to gain valuable insight and input. The process will help identify the unique strengths of the region in the specific sectors; characterize the global market drivers and opportunities; assess the competitive landscape and outline the regional opportunities. The roadmapping process will be completed in early 2011. "Through our skilled workforce and strong supply chain, Ohio will lead the nation in the clean energy economy," said Sen. Sherrod Brown. "These funds will ensure that Northeast Ohio’s workers have the training they need to upgrade our energy infrastructure, increase our energy efficiency, and help attract new jobs in the clean energy industry." “President Obama is committed to reinvigorating the competitiveness of communities and regions impacted by the downturn of the auto industry,” said U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez. “This EDA investment will advance regional collaboration to boost an emerging green economy sector that has major potential to provide higher-skill, living-wage job opportunities in northeast Ohio.” Media Contact: Kelly South 216-241-8458 ksouth@nortech.org ### About NorTech: NorTech is a regional nonprofit technology-based economic development organization that serves 21 counties in Northeast Ohio. As a catalyst for growth in technology industries, NorTech is the only organization in Northeast Ohio that focuses solely on the technology-based economy across all sectors. NorTech’s efforts are focused on developing regional technology clusters that make Northeast Ohio more economically diverse. By accelerating commercial activity, marshaling resources, and forging collaborations, NorTech is leading an effort to build regional technology clusters in Northeast Ohio that will create jobs, attract capital and have a long-term, positive economic impact on the region. www.nortech.org About the U.S. Economic Development Administration: This year, the U.S. Economic Development Administration (EDA) marks 45 years of public service, with a mission of leading the federal economic development agenda by promoting competitiveness and preparing American regions for growth and success in the worldwide economy. EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster job creation, collaboration and innovation.www.eda.gov