EDA: $1.2 Million in CARES Act Recovery Assistance to Support Entrepreneurs and Increase Economic Resilience in Athens, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to Ohio University, Athens, Ohio, to provide technical assistance for biotech entrepreneurs and modify lab space at its Innovation Center. This EDA grant, to be matched with $304,225 in…
EDA: $960,000 in CARES Act Recovery Assistance Invested to Boost Broadbank Capacity in Western Maryland
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $960,000 CARES Act Recovery Assistance grant to the Board of County Commissioners of Garrett County, Oakland, Maryland, to increase access to affordable, reliable, and abundant internet service in western Maryland. This EDA grant, to be matched with $240,000 in state and local…
EDA: $750,000 in CARES Act Recovery Assistance Invested to Provide Technical Assistance to Small and Disadvantaged Businesses in Alabama
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $750,000 CARES Act Recovery Assistance grant to Trufund Financial Services, Inc., Birmingham, Alabama, to provide coronavirus recovery and resiliency technical assistance to small and historically disadvantaged minority and women-owned businesses throughout the state. This EDA grant will be matched with $187,500 in…
EDA: $750,000 in CARES Act Recovery Assistance Invested to Provide Technical Assistance and Enhance Lending to Small Businesses in Metro Atlanta Area, GA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $750,000 CARES Act Recovery Assistance grant to Trufund Financial Services, Inc., New York, New York, to provide training and affordable capital to small businesses impacted by the coronavirus pandemic in the Metro Atlanta area, Georgia. This EDA grant will be matched with…
HUD: $160 Million Awarded to Five Communities to Revitalize Housing, Invest in Neighborhoods
U.S. Housing and Urban Development (HUD) Secretary Marcia L. Fudge on Wednesday announced that five communities have received a combined $160 million to redevelop severely distressed housing and spur comprehensive revitalization under the federal Choice Neighborhoods Initiative. HUD has named Camden, New Jersey; Cleveland, Ohio; Detroit, Michigan; Fort Myers, Florida; and Lewiston, Maine as this…
SBA: $100 Million Community Navigator Pilot Program Launched to Support Underserved Small Businesses
$100 million competitive grant program to strengthen outreach to businesses in underserved communities enacted through the American Rescue Plan The U.S. Small Business Administration (SBA) announced today that it is accepting applications for its new Community Navigator Pilot Program. This new initiative, established by the American Rescue Plan, will leverage a community navigator approach to reach our nation’s smallest businesses, with a…
CDFI Fund: Upcoming Deadline Reminder for FY 2021 Small Dollar Loan Program Applicants
As a reminder for fiscal year (FY) 2021 Small Dollar Loan Program (SDL Program) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s SDL Program funding round is May 28, 2021 at 11:59 PM ET. Applicants must also have created an Awards Management Information System (AMIS) account and entered their EIN and…
HUD: $145 Million Funding Opportunity Announced to Address the Needs of Youth Experiencing Homelessness
The U.S. Department of Housing and Urban Development (HUD) is making $145 million in competitive funding available to build systems intended to end youth homelessness in local and rural communities through HUD’s Youth Homelessness Demonstration Program (YHDP). Competitive funding is available to up to 50 communities for implementation of youth specific innovative programs to address the…
SBA: Veterans Small Business Advisory Committees to Host Virtual Public Meetings on June 2nd and 3rd
The U.S. Small Business Administration’s Interagency Task Force on Veterans Small Business Development (IATF) and Advisory Committee on Veterans Business Affairs (ACVBA) will hold virtual public meetings on June 2 and 3, respectively, via Microsoft Teams. “Each quarter, our advisory committees convene to discuss the challenges faced by the veteran small business community as well as to recommend advice and policy changes for our Agency, Congress, the…
EDA: $2.5 Million in CARES Act Recovery Assistance Invested to Establish Workforce Training Program at Philander Smith College
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 Philander Smith College, Little Rock, Arkansas, to develop the HBCU Center of Excellence in Digital Education and Rural Workforce Development. This EDA grant, to be matched with $638,420 in…