Matrix Solutions Awarded Technology Grant to Aid in Growth Strategy
$10,000 grant awarded from the Technology Seeding Project and Northside Community Development Fund to assist media advertising sales strategy software growth initiatives.
Pittsburgh, PA (PRWEB) August 9, 2006
Today Matrix Solutions, the leading provider of sales strategy management software for the media advertising sales industry, today announced it was awarded a $10,000 technology grant from the North Side Community Development Fund (www. nscdfund. org).
Small companies located on Pittsburgh’s North Side have the opportunity to apply for grants ranging from $1,000 to $10,000 through the Technology Seeding Project, a program that helps Northside businesses adopt new computer, web-based technology or industry specific software to help businesses compete. The grant is administered by the North Side Community Development Fund, which provides business lending and commercial real estate development services for small business located on Pittsburgh’s North Side.
“North side companies awarded the grant can invest in technology that will either directly support job creation on the North Side, or will help the businesses prosper and expand in the future,” says Mila Nguyen, assistant executive director for the Northside Community Development Fund. “The estimated 30 jobs Matrix Solutions created is wonderful for the Northside and we look forward to continued success of the business.”
As part of a growth strategy, Matrix Solutions will use the technology grant to invest in the upgrade of their telephone and communications system to a more modern platform that is scalable beyond thirty employees today.
“Matrix Solutions is thrilled to have been awarded the grant to assist us in investing and upgrading our technology in order to better serve our customers,” commented Brian Lunt, chief operating officer of Matrix Solutions. “In addition, we chose the North Side for our new headquarters location so that we could contribute and be a part of the great city of Pittsburgh.”
Primary funding for the three-year program comes from a program created by the U. S. Federal Department of Health & Human Services Administration for Children and Families, Office of Community Services. The grant cycle is three years long, with a total of $250,000 to give away. Twenty-two grants have been awarded to North Side businesses since its inception.
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