EDA: $1.7 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Serve Businesses in Northern Montana
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million CARES Act Recovery Assistance grant to Bear Paw Development Corporation of Northern Montana, Havre, Montana, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to coronavirus-impacted small businesses in…
EDA: $1.5 Million Invested to Provide Critical Water Infrastructure for New Industrial Park in Ames, IA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Ames, Iowa, to construct critical water infrastructure to allow for development and business growth at the Prairie View Industrial Center. This EDA project, to be matched with $3.8 million in…
EDA: $1.3 Million Invested to Support Workforce Training Efforts in Taos, NM
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the Rocky Mountain Youth Corps, Ranchos De Taos, New Mexico, to construct a new workforce development training facility in Taos, New Mexico. This EDA project will be matched with $315,000 in local funds….
EDA: $1.2 Million in CARES Act Recovery Assistance to Support Manufacturing and Entrepreneurship in Ohio
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $1.2 million in CARES Act Recovery Assistance grants to help the state of Ohio prevent, prepare for, and respond to coronavirus. “The Biden Administration is pleased to support local efforts to jumpstart manufacturing and entrepreneurship in Ohio,” said…
EDA: $1.2 Million Invested to Support Revitalization of Downtown Mill District in Biddeford, ME
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Biddeford, Maine, to support the economic revitalization of city’s downtown mill district by making roadway improvements needed to provide access to the city’s new 650-space parking garage and mill buildings…
EDA: $1.1 Million Invested to Establish Technology Accelerator in Grand Forks, ND
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to the city of Grand Forks, North Dakota, to convert a historic downtown building into a technology accelerator. This EDA project, to be matched with $1.1 million in local funds, is expected to create…
EDA: $1 Million Invested to Support Growth of Aviation Sector in Sioux City, IA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the city of Sioux City, Iowa, to build a hangar at the Sioux Gateway Airport to be leased by a new aviation school that would provide training in flight, mechanics, avionics and other…
EDA: $941,250 Invested to Expand Manufacturing Business Capacity in Antigo, WI
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $941,250 grant to the city of Antigo, Wisconsin, to make infrastructure improvements at the Saratoga Industrial Park that will add 24 acres of newly developable land in the park. This EDA grant, to be matched with $941,250 in local investment, is expected…
EDA: $1 Million in CARES Act Recovery Assistance Invested to Support Aerospace Technician Training Program in Houston, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to San Jacinto Community College District (SJCCD), Houston, Texas, to renovate and equip the EDGE Center at the Houston Spaceport to create an aerospace technician training program. This EDA grant,…
EDA: $800,000 in CARES Act Recovery Assistance Invested to Support Marketing Plan to Aid Reopening Tourism Economy in Alabama Gulf Coast Region
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 CARES Act Recovery Assistance grant to the Alabama Gulf Coast Convention and Visitors Bureau, Orange Beach, Alabama, to develop and implement a tourism recovery marketing campaign in response to the economic downturn that resulted from the coronavirus pandemic. This EDA grant…