The Auburn Technical Assistance Center (ATAC), an outreach arm of Auburn University’s College of Business, has been re-funded as Auburn University’s EDA University Center. The designation carries a $129,000 operating grant, which ATAC is required to match up to $100,000 through its outreach services.
EDA-funded University Centers conduct applied research, provide technical assistance to public and private-sector organizations, and conduct other activities with the goal of enhancing regional economic development. They offer a full range of services tailored specifically to each region's needs and the institution's strengths. University Center business solutions include basic and applied research, market research, feasibility studies, product development, strategic and financial planning, seminars and training, and management consultations. These services enhance business productivity, streamline operations, increase quality, and cut costs.
Centers must re-compete for EDA University Center designation every five years. The award is based on the viability of the mission described in the re-competition process. Auburn’s EDA University Center will help support the Office of Technology Transfer’s efforts to generate faculty and student startups across campus. In addition, the center will help existing manufacturers implement innovation processes and work with AU’s Industrial Design Department to help accelerate targeted start-up businesses in Alabama.