SEMO receives business grant

Friday, August 10, 2007

Southeast Missouri State University has received an $85,000 federal grant to expand the Harrison College of Business Center for Economic and Business Research.

The U.S. Department of Commerce's Economic Development Administration awarded the grant, which is renewable for three years, school officials said.

The grant designates the university as an EDA "University Center."

Southeast's Innovation Center plans to use the grant to fund a series of training sessions for local economic developers and community leaders.

The grant also will allow the Center for Economic and Business Research at Southeast to expand its services and provide economic data to more communities in the region.

Economics professor Dr. Bruce Domazlicky will continue to serve as director of the center. The grant will allow him to hire a part-time associate to help administer expanded services.

"This grant will allow us to further promote economic development in Southeast Missouri," Domazlicky said.

The Economic Development Administration's mission is to promote innovation and competitiveness, preparing regions for growth and success in the world economy, school officials said.

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