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Midland Development Corporation Board Meeting Agenda Packet January 2026

MDC Funds UTPB Incubator and Makerspace Payment

$96,184.54DOWNTOWN MIDLAND MANAGEMENT DISTRICTUNIVERSITY OF TEXAS OF THE PERMIAN BASINJanuary 5, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Midland Development Corporation authorized a $96,184.54 payment to the University of Texas of the Permian Basin under an existing Incubator and Makerspace Grant Agreement. The funding supports ongoing entrepreneurial and makerspace initiatives in the region.

Contract Details

Contract Amount

$96,184.54

Vendor

UNIVERSITY OF TEXAS OF THE PERMIAN BASIN

Agency

DOWNTOWN MIDLAND MANAGEMENT DISTRICT, TX

Contract Type

OTHER

Document Date

January 5, 2026

Renewal Info

Payment made pursuant to an existing grant agreement; the underlying term and renewal options are not described in the minutes.

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