{"id":160902,"date":"2025-02-05T13:52:33","date_gmt":"2025-02-05T18:52:33","guid":{"rendered":"https:\/\/blogs.nmc.edu\/?p=160902"},"modified":"2025-02-19T10:50:29","modified_gmt":"2025-02-19T15:50:29","slug":"success-story-fric-officially-convenes-25-2-million-raised","status":"publish","type":"post","link":"https:\/\/blogs.nmc.edu\/?p=160902","title":{"rendered":"Success Story: FRIC officially convenes; $25.2 million raised"},"content":{"rendered":"<p><strong>FEBRUARY 5, 2025<\/strong><\/p>\n<p style=\"font-size: 11.5px; line-height: 14px;\"><img loading=\"lazy\" decoding=\"async\" alt=\"NMC and other FRIC partners at a ceremony for signing incorporation papers in the summer or 2024\" class=\"\" height=\"247\" src=\"https:\/\/blogs.nmc.edu\/wp-content\/uploads\/2025\/02\/d74caf980a0a00b82bef2df5e401beb0NMC-Discovery-Pier-3262-2.jpg\" style=\"padding-bottom: 5px;\" width=\"546\" \/><br \/><span>From left to right, Jason Slade, Eric Roberts (20Fathoms), Matt McDonough (Discovery Pier), NMC President Nick Nissley, Jay Meldrum (Michigan Technological University) and Warren Call (Traverse Connect) at a FRIC signing ceremony in the summer of 2024.<\/span><\/p>\n<p>As Silicon Valley is synonymous with information technology, so will Traverse City be to freshwater technology, fueling a new blue economy for the region.<\/p>\n<p>That&#8217;s the ultimate ambition behind the Freshwater Research &amp; Innovation Center, which today holds its first board meeting as a formally-constituted nonprofit. With 75 percent of the funding for FRIC secured, the 40,000 square foot facility and dockside learning lab will be home to NMC&#8217;s <a href=\"https:\/\/www.nmc.edu\/resources\/water-studies\/index.html\">Great Lakes Water Studies Institute<\/a>. It is set to break ground later this year on 17 acres of West Grand Traverse Bay frontage owned by Discovery Pier.<\/p>\n<p>&#8220;Today represents a significant milestone for the Freshwater Research &amp; Innovation Center,&#8221; said NMC Vice President of Strategic Initiatives <strong>Jason Slade<\/strong>, who has led the college&#8217;s involvement in the project since 2023. &#8220;The blue economy is the future of our region&#8217;s economy, destined to be as important as lumber, agriculture and tourism.&#8221;<\/p>\n<p>Other board members include representatives from Michigan Technological University, Traverse Connect, 20Fathoms and two at-large positions held by Michigan State University and the Marine Technology Society.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"Architectural rendering of the Freshwater Research &amp; Innovation Center building on West Grand Traverse Bay\" class=\"AlignImageRight\" height=\"151\" src=\"https:\/\/blogs.nmc.edu\/wp-content\/uploads\/2025\/02\/d6ea92000a0a00b82bef2df5a9107dedfric-architectural-rendering-2025-2.jpg\" width=\"300\" \/>The FRIC will create high-value, year-round jobs in sensor development, engineering, autonomous underwater vehicles, forever chemical detection and remediation and data analysis. It has attracted $25.2 million in funding, including $15 million from the state of Michigan, and is scheduled to be complete in 2027.<\/p>\n<p>NMC has committed $3 million to the new facilities, which in addition to the GLWSI will house research initiatives, start-ups like Traverse City&#8217;s <a href=\"https:\/\/wavelumina.com\/\" rel=\"noopener\" target=\"_blank\" title=\"(link opens new window)\">Wave Lumina<\/a>, currently renting space at NMC&#8217;s Aero Park campus, small businesses and water-related organizations.<\/p>\n<p>NMC is also fostering those start-ups and small businesses through events like the Great Lakes Blue Tech Challenge, launched last week as a successor to last year&#8217;s <a href=\"https:\/\/aquaaction.org\/aquahacking-great-lakes-2023-24\" rel=\"noopener\" target=\"_blank\" title=\"(link opens new window)\">Great Lakes Aquahacking Challenge<\/a>. Wave Lumina took second place in that technology-based innovation challenge and pitch competition focused on the issues facing the Great Lakes like water quality, forever chemicals and microplastics. <a href=\"https:\/\/docs.google.com\/forms\/d\/189YUekrzHTL6eWdpb0-HNYvaS-K29ylWO0SGSTQF388\/viewform?edit_requested=true\" rel=\"noopener\" target=\"_blank\" title=\"(link opens new window)\">Teams are now forming<\/a> for the Blue Tech Challenge, which will culminate in October at the Oceans 25 conference in Chicago.<\/p>\n<p>&#8220;From FRIC&#8217;s goals to the facility design to its users, NMC is being intentional and collaborative, ensuring that this enhances our community years into the future,&#8221; Slade said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FEBRUARY 5, 2025 From left to right, Jason Slade, Eric Roberts (20Fathoms), Matt McDonough (Discovery Pier), NMC President Nick Nissley, Jay Meldrum (Michigan Technological University) and Warren Call (Traverse Connect) at a FRIC signing ceremony in the summer of 2024. As Silicon Valley is synonymous with information technology, so will Traverse City be to freshwater [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[68,5],"tags":[],"class_list":["post-160902","post","type-post","status-publish","format-standard","hentry","category-intercom","category-student-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Success Story: FRIC officially convenes; $25.2 million raised - NMC Communiqu\u00e9<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.nmc.edu\/?p=160902\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Success Story: FRIC officially convenes; $25.2 million raised - NMC Communiqu\u00e9\" \/>\n<meta property=\"og:description\" content=\"FEBRUARY 5, 2025 From left to right, Jason Slade, Eric Roberts (20Fathoms), Matt McDonough (Discovery Pier), NMC President Nick Nissley, Jay Meldrum (Michigan Technological University) and Warren Call (Traverse Connect) at a FRIC signing ceremony in the summer of 2024. 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