CompassRed Awarded $2M CARES Act Innovation Grant to Establish Regional Data Innovation Lab
CompassRed, a data analytics and artificial intelligence company, announced it was awarded a $2M grant as part of the CARES Act Innovation Grant from New Castle County, Delaware. This grant will fund a pioneering Data Innovation Lab and accelerate the use of data insights and intelligence to address COVID-related issues in the Mid-Atlantic region. CompassRed, headquartered in Wilmington, Delaware, was recently named one of Inc. magazine’s 2020 fastest growing companies.