EDA: $470,000 Invested to Protect Woods Hole Oceanographic Institution from Storms and Support Growth of Cape Cod’s Marine Science Industry
U.S. Secretary of Commerce Gina M. Raimondo today in Woods Hole, Massachusetts, announced that the Department’s Economic Development Administration (EDA) is awarding a $470,000 grant to the Woods Hole Oceanographic Institution to develop a waterfront oceanographic research infrastructure resiliency plan that will help keep the world-renowned research, exploration, and education institution operational in the event…
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…
FHFA: COVID-19 Multifamily Forbearance Extended through September 30, 2021
Multifamily property owners entering into new or modified forbearance plans must offer tenant protections Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will continue to offer COVID-19 forbearance to qualifying multifamily property owners through September 30, 2021, subject to the continued tenant protections FHFA has imposed during…
EDA: $21.2 Million Invested to Support Growth of Tourism Sector in the Northern Mariana Islands
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $21.2 million grant to the Commonwealth of the Northern Mariana Islands to support growth of the region’s tourism economy. This EDA grant is expected to create 480 jobs. “The travel and tourism industry is vital to…
EDA: $8 Million in CARES Act Recovery Assistance Invested to Support Business Development and Job Creation Efforts in Texas
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $8 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “The Biden Administration is dedicated to creating new opportunities to put Americans back to work as…
EDA: $4 Million in CARES Act Recovery Assistance Invested to Build Operations Center at the Choctaw Nation Emerging Aviation Technology Center in Durant, OK
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million CARES Act Recovery Assistance grant to the Choctaw Nation of Oklahoma, Durant, Oklahoma, to build an operations center at the Choctaw Nation Emerging Aviation Technology Center. “President Biden is committed to supporting Tribal communities…
EDA: $3.1 Million in CARES Act Recovery Assistance Invested to Enhance Healthcare Workforce Training in Sellersburg, IN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.1 million CARES Act Recovery Assistance grant to Ivy Tech Community College, Indianapolis, Indiana, to support renovations needed to enhance its healthcare workforce training programs. This EDA grant, to be matched with $771,130 in local funds,…
EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Support Remote Workforce Training Efforts in Utah
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to Utah State University, Logan, Utah, to develop their Remote Online Initiative (ROI), which will provide training to position businesses for economic recovery and prepare workers for success in…
EDA: $1 Million in CARES Act Recovery Assistance Invested to Boost Tourism and Hospitality-Related Industries in Illinois
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to the Illinois Council of Convention & Visitor Bureaus, Bloomington, Illinois, to create marketing campaigns promoting tourism across the state. This EDA grant will be matched with $250,000 in…
SBA: 6th Annual Growth Accelerator Fund Competition Launched Including Debut of SBIR Catalyst Awards of Over $5 Million in Prizes
The U.S. Small Business Administration announced its 6th Annual Growth Accelerator Fund Competition (GAFC) with the addition of a new component aimed at spurring investment in underrepresented communities within the innovation economy at scale. The 2021 Growth Accelerator Fund Competition and Small Business Innovation Research (SBIR) Catalyst programs will recognize the nation’s most innovative organizations with inclusive…