12 EDGE Fund Applications Approved to Advance to Second Phase of 2010 Funding Process

OKLAHOMA CITY, Okla. (SEND2PRESS NEWSWIRE) — The Economic Development Generating Excellence Policy Board announced that 12 pre-proposal applications from an initial field of 62 have been approved to advance to the next step in the 2010 funding evaluation process. This year represents the third round of funding disbursement from the EDGE fund; in 2009, five awards were granted totaling $7.5 million. This year, around $6.5 million will be available for award distribution.