EDA: $3.8 Million in CARES Act Recovery Assistance Invested to Support Business Expansion Efforts in Salina, KS
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million CARES Act Recovery Assistance grant to the city of Salina, Kansas, for drainage and road improvements to allow for business expansion. This EDA grant, to be matched with $939,200 in local investment, is expected to…
FDIC: FDiTech to Host Virtual Office Hours on Banking-Related Innovation
The Federal Deposit Insurance Corporation (FDIC) today announced that it will host a series of virtual ‘office hours’ to hear directly from a range of stakeholders regarding current and evolving technological innovations in the business of banking. Hosted by the FDIC’s tech lab, FDiTech, and FDIC Chief Innovation Officer Sultan Meghji, these hour-long, one-on-one sessions will…
EDA: $8.35 Million in CARES Act Recovery Assistance Invested to Support Transportation Infrastructure Improvements in Tracy, CA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding an $8.35 million CARES Act Recovery Assistance grant to the city of Tracy, California, to make transportation infrastructure improvements needed to support the growth of business in a local industrial park. This EDA grant, to be matched with…
EDA: $4.7 Million in CARES Act Recovery Assistance Invested to Support Business Growth and Economic Development Resiliency Efforts in Alabama
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $4.7 million in CARES Act Recovery Assistance grants to help the state of Alabama prevent, prepare for, and respond to the coronavirus. “President Biden is committed to unleashing the full power of the federal government to ensure our…
EDA: $4 Million Invested to Boost Business and Job Growth Efforts in Alabama
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is investing $4 million in the state of Alabama to make critical infrastructure improvements needed to support current and future business needs. “President Biden is committed to making sure the United States once again leads the world across the board…
EDA: $3.15 Million in CARES Act Recovery Assistance Invested to Support Businesses Growth and Workforce Development Efforts in Northwest Ohio
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.15 million in CARES Act Recovery Assistance grants to help the state of Ohio prevent, prepare for, and respond to coronavirus. “The Biden Administration is committed to providing our communities with the resources they need to build booming…
EDA: $3 Million in CARES Act Recovery Assistance Invested to Increase Export Opportunities at Port of Port Arthur, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to the Port of Port Arthur Navigation District, Port Arthur, Texas, to construct a new cargo handling, staging, and transport area that will enhance the Port’s capacity to handle exports….
EDA: $2.7 Million Invested to Support Growth of Technology Manufacturing Sector in Hancock, MI
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the city of Hancock, Michigan, to provide flood resilient infrastructure for a new a business and technology park that will house technology and technology-driven light manufacturing businesses. This EDA project, to be matched…
EDA: $2.4 Million in CARES Act Recovery Assistance Invested to Establish Revolving Loan Fund to Assist Disadvantaged Entrepreneurs in NY and NJ
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to BOC Capital Corporation, Brooklyn, New York, to capitalize and administer a Revolving Loan Fund that will provide critical gap financing to disadvantaged entrepreneurs in minority communities in New York…
EDA: $2 Million Invested to Support Business Retention and Growth Efforts in Carrollton, KY
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Carrollton, Kentucky, to support construction of a critical gas pipeline necessary for current and future economic growth and to keep businesses operating through natural disasters. This EDA grant, to be…