EDA: $3 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Serve Small Businesses in 17-County Region of Kentucky
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to Community Ventures Corporation, Lexington, Kentucky, to provide critical gap financing to small businesses economically impacted by the coronavirus pandemic in the Bluegrass Region of Kentucky. This EDA grant will…
EDA: $2.5 Million in CARES Act Recovery Assistance Invested to Support Statewide Tourism Marketing Campaign in Wyoming
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million CARES Act Recovery Assistance grant to the Wyoming Office of Tourism, Cheyenne, Wyoming, to create a statewide tourism marketing campaign. This EDA grant, to be matched with $625,000 in local investment, is expected to retain…
EDA: $2.3 Million in CARES Act Recovery Assistance Invested to Support Aviation Maintenance and Repair Industry in Lake City, FL
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million CARES Act Recovery Assistance grant to Lake City Gateway Airport, Lake City, Florida, to retrofit two city-owned, World War II era hangars for use by the aircraft maintenance and repair service industry. This EDA grant,…
EDA: $2.2 Million Invested to Make Water Infrastructure Improvements to Support Baton Rogue Health District
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to the city of Baton Rouge, Louisiana, to improve Pump Station 299 and increase capacity to support business development in the Baton Rouge Health District. This EDA project, to be matched with $560,000 in…
EDA: $2 Million Invested for Infrastructure Improvements to Spur Economic Growth in Thomasville, GA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Thomasville, Georgia, to improve the city’s wastewater treatment plant to support current and future business needs. The EDA grant, to be matched with $2.125 million in local investment, is expected…
EDA: $2 Million Invested for Water System Improvements to Support Business Retention and Growth Efforts in Johnson City, TN
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Johnson City, Tennessee, to upgrade the Sinking Creek Pump Station in support of current and future business needs. This EDA grant, to be matched with $3.8 million in local funds,…
EDA: $2 Million in CARES Act Recovery Assistance Invested to Establish Revolving Loan Fund to Assist Small Businesses in Berwyn, IL
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the Berwyn Development Corporation, Berwyn, Illinois, to capitalize a Revolving Loan Fund that will provide critical gap financing to small businesses in the Chicago suburb. This EDA grant, to…
EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Marketing Plan to Aid Reopening of Tourism Economy in Mississippi Gulf Coast Region
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the Mississippi Gulf Coast Regional Convention and Visitors Bureau, Biloxi, Mississippi, to develop and implement a tourism recovery marketing campaign in response to the economic downturn that resulted from…
EDA: $1.9 Million in CARES Act Recovery Assistance Invested to Boost Broadband Capacity in North Carolina
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million CARES Act Recovery Assistance grant to the Yadkin Valley Telephone Membership Corporation, Yadkinville, North Carolina, to install fiber-optic cable across Davie County. This EDA grant will be matched with $485,729 in local investment. “President Biden…
EDA: $1.8 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Serve Businesses in Yellowstone County, MT
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million CARES Act Recovery Assistance grant to Big Sky Economic Development Corporation, Billings, Montana, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to businesses adversely affected by the coronavirus…