$2 Million investment to expand CU Incubator

The U.S. Commerce Department’s Economic Development Administration has awarded a $2 million grant to build a Research One building at the Clemson University International Center for Automotive Research also known as CU-ICAR. The Research One building will provide space for private-public partnerships focused on developing new technologies in the automotive, mobility and IT fields, supporting the intersection of productivity, innovation, and entrepreneurship. CU-ICAR is a world-class research and education facility focused on workforce development for the area’s thriving automotive ecosystem. The Research One building will create 220 jobs and generate $2.6 million in private investment at the outset.