EDA: $754,840 in CARES Act Recovery Assistance Invested to Support Medical Technology Innovators in Southeast Michigan
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $754,840 CARES Act Recovery Assistance grant to the Wayne State University Research and Technology Park, Detroit, Michigan, to support innovation and entrepreneurship in the region’s medical and manufacturing sectors. This EDA grant, to be matched with $249,900 in local investment, is expected…
EDA: $639,789 Invested for Water Infrastructure Improvements to Support Business Expansion Efforts in Erwin, TN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $639,789 grant to Erwin Utilities Authority, Erwin, Tennessee, for water infrastructure improvements needed to increase local manufacturing and spur additional business development. This EDA grant will be matched with $639,789 in local funds and is expected…
EDA: $690,795 Invested to Support Business Growth in Menomonie, WI
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $690,795 grant to the city of Menomonie, Wisconsin, to make infrastructure upgrades at the University of Wisconsin’s Stout Technology and Business Park and spur additional economic growth and investment. This EDA grant, to be matched with $690,795 in local investment, is expected…
EDA: $610,000 Invested for Water Infrastructure Improvements to Support Business Expansion Efforts in Earlington, KY
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $610,000 grant to the city of Earlington, Kentucky, for water infrastructure improvements needed to accommodate a new retail automotive business and help diversify the regional economy. This EDA grant will be matched with $390,000 in local…
EDA: $1.6 Million in CARES Act Recovery Assistance Invested to Help Louisiana Ports Respond to Disasters and Better Prepare for Future Challenges
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million CARES Act Recovery Assistance grant to The Water Institute of the Gulf, Baton Rouge, Louisiana, to develop the Lower Mississippi SmartPort and Resilience Center (SmartPort). This EDA grant, to be matched with $1.4 million…
ABA: Regulators to Address Bankers Nationwide at ABA’s Virtual Regulatory Compliance Conference on June 22-24
Top staff from the Federal Reserve, CFPB, FDIC and OCC will address America’s banks during the American Bankers Association’s 35th annual Regulatory Compliance Conference June 22-24. The three-day conference will be held virtually for bankers across the country. During the conference, which will bring together the banking industry’s leading compliance professionals, attendees will hear directly from ABA…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Boost Economic Recovery at the Menominee Reservation in Wisconsin
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the Menominee Indian Tribe of Wisconsin, Keshena, Wisconsin, to develop economic recovery strategies that will strengthen, diversify, and add resilience to the regional economy. “President Biden is committed…
Census Bureau: Small Business Pulse Survey Phase 5 Weekly Data Released
The U.S. Census Bureau today released new data from the fifth phase of the Small Business Pulse Survey (SBPS). Data collection began May 17. Results will be released weekly May 27 to July 22. The SBPS includes questions on small business operations and finances, requests and receipt of assistance, COVID-19 vaccinations and testing, measures of overall well-being, and…
SBA: Office of Surety Guarantees FY20 Award Winners Recognized
Winners highlighted have more than 524 bonds with contract value of more than $260 million The U.S. Small Business Administration recognizes the Office of Surety Guarantees award winners for their continued work to help small contracting businesses acquire surety bonds. Three SBA surety bond partners were selected to receive awards based on their participation, activity, claims, and…