The objective of the Physical Infrastructure Grant Program is to provide state funding to support the following physical infrastructure needs within the state:
- Flexible and below-market-rate commercial office space, including co-working spaces, private offices, meeting rooms, and access to high-speed internet, in regions where entrepreneurs lack access to these resources;
- Specialized or sector-specific services, facilities, and other infrastructure, including but not limited to wet lab space and Sensitive Compartmented Information Facilities (SCIF), that would otherwise be unavailable in an area/region; and
- Infrastructure that is broadly recognized as a center for entrepreneurship for the community/region, helping elevate the role of innovation and entrepreneurship in the economy.