EDA: $2.9 Million in CARES Act Recovery Assistance Invested in New Water Treatment Plant to Spur Business Expansion in Sophia, WV
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million CARES Act Recovery Assistance grant to the Raleigh County Public Service District, Sophia, West Virginia, for construction of a new water treatment plant to support business expansion. This EDA grant, to be matched with…
EDA: $2.3 Million in CARES Act Recovery Assistance Invested to Support Business Expansion and Job Growth in Paris, KY
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million CARES Act Recovery Assistance grant to the Paris-Bourbon County Economic Development Authority, Paris, Kentucky, for roadway infrastructure improvements to accommodate the expansion of the Paris-Bourbon County Industrial Park and support future business needs. This…
EDA: $1.9 Million in CARES Act Recovery Assistance Invested to Spur Entrepreneurship and Innovation in Youngstown, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million CARES Act Recovery Assistance grant to the Youngstown Edison Incubator Corporation (Youngstown Business Incubator), Youngstown, Ohio, to renovate a 65,000 square foot building and further enhance the organization’s capacity to spur entrepreneurship and innovation…
EDA: $1.3 Million Invested to Support Growth of Biotechnology, Life Sciences, and Research and Development Industries in Worcester, MA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Worcester, Massachusetts, for infrastructure improvements needed to serve the Reactory Biotechnology Park and grow the region’s critical biotechnology, life sciences, and research and development industries and foster economic growth….
EDA: $588,000 in CARES Act Recovery Assistance Invested to Support Maryland Businesess as They Recover from the Coronavirus Pandemic
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $588,000 CARES Act Recovery Assistance grant to the Maryland Department of Commerce, Baltimore, Maryland, to support the growth and resiliency of coronavirus disrupted businesses by expanding the Maryland Defense Diversification Assistance (MDDA) program to serve the current needs of the broader business…
EDA: $587,500 Invested to Support Business Expansion and Growth in Lewisburg, TN
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $587,500 grant to the city of Lewisburg, Tennessee, to make critical sewer system improvements needed to support business recruitment and expansion efforts at the Lewisburg Industrial Park. This EDA grant, to be matched with $587,500 in local investment, is expected to create…
EDA: $577,917 in CARES Act Recovery Assistance Invested to Boost Biotechnology Workforce Training Efforts at Alamance Community College in Graham, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $577,917 CARES Act Recovery Assistance grant to Alamance Community College, Graham, North Carolina, to support the region’s growing biotechnology sector by purchasing equipment needed to train students for careers in life sciences through the college’s new Biotechnology Center of Excellence. This EDA…
EDA: $500,000 in CARES Act Recovery Assistance Invested to Develop Extended Reality Technology Hub in St. Louis, MO
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 CARES Act Recovery Assistance grant to Technology Entrepreneur Center, Inc. (T-REX), St. Louis, Missouri, to establish an Extended Reality and Simulation Lab that will address the pressing challenges of working, educating, and meeting remotely by leveraging innovations in Extended Reality (XR)…
Federal Reserve: Fed Listens Initiative to Continue in 2021 Focused on the Economic Recovery from the COVID-19 Pandemic
The Federal Reserve on Wednesday announced that it would continue its Fed Listens initiative in 2021 to learn from a broad range of individuals, households, and communities about the economic recovery from the COVID-19 pandemic. “During the Federal Reserve’s 2019 monetary policy framework review, the Fed Listens series of events provided valuable feedback from a broad range of groups…
SBA: Council on Underserved Communities Reconvened
Administrator Guzman restores Council to address the immediate needs and concerns of underserved and underrepresented communities hit hard by COVID-19 The U.S. Small Business Administration announced today that it is reconvening the Council on Underserved Communities (CUC) under the authority of the Federal Advisory Committee Act (FACA). In conjunction with the Biden-Harris Administration’s agenda, the restoration of…