Industry News

EDA: $9.5 Million Invested to Support Disaster Resiliency and Boost Tourism for the La Jolla Band of Luiseno Indians

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $9.5 million grant to the La Jolla Band of Luiseño Indians of Pauma Valley, California, to renovate the Tribe’s campground and upgrade it to improve its resiliency to future flooding events. “The Trump Administration is rapidly responding…

EDA: $3.2 Million Invested to Provide Critical Infrastructure to Serve Tribal Businesses in Grand Portage, MN Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the Grand Portage Reservation Tribal Council of Grand Portage, Minnesota, to help redevelop the Hat Point Marina and Ferry Terminal. The EDA grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone,…

EDA: $2.5 Million Invested to Make Critical Water Infrastructure Improvements in Hartwell, GA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the city of Hartwell, Georgia, to make critical wastewater infrastructure improvements needed to protect businesses from future flood events. The grant, to be matched with nearly $3.3 million in local investment, is expected…

EDA: $2 Million Invested to Make Critical Water Infrastructure Improvements in Tishomingo, OK Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Tishomingo Municipal Authority, Tishomingo, Oklahoma, to help increase the capacity of the local water treatment plant so that it can better serve business needs. The EDA grant, to be located in a Tax…

EDA: $1.4 Million Investment Made in Critical Infrastructure Updates in Cave City, KY Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to Caveland Environmental Authority, Inc., of Cave City, Kentucky, to upgrade an existing wastewater treatment plant that serves Hart County Industrial Park and supports manufacturing companies in the area. The EDA grant, to be…

EDA: $1 Million Awarded to Provide Critical Water Infrastructure in Mount Pleasant, IA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $1 million to Mount Pleasant Municipal Utilities in Iowa, to provide critical water infrastructure needed to support business expansion and encourage future business growth. The EDA grant, to be matched with $1.7 million in local funds, is expected…

HUD: $1.2 Million Awarded to Help Families Reach Self-Sufficiency

Federal funding to support education and employment among HUD-assisted families In a continuing effort to help get public housing residents on the road to self-sufficiency, U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded an additional $1.2 million to new participating public housing authorities across the country. This funding will build on the $74…

SBA: $3 Million Announced for 60 Growth Accelerator Fund Competition Recipients to Support Startups and STEM Focused Entrepreneurs

The U.S. Small Business Administration today announced 60 winners of SBA’s Growth Accelerator Fund Competition.  The recipients, representing accelerators and incubators across 39 states and territories focused on a broad set of industries and sectors, will receive a total of $3 million in awards to support startups and entrepreneurs researching and developing STEM-related innovations.   “I am proud…

EDA: $4.7 Million Invested to Provide Critical Infrastructure Upgrades to Serve Alaska Opportunity Zones

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $4.7 million in the state of Alaska to help build and repair critical infrastructure needed to support business. The EDA grants, to be located in or to serve Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $4.4…

EDA: $2.35 Invested to Repurpose Former Coal Plant as Multitenant Space for Growing Companies in Berks County, PA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.35 million grant to Recycle the World, Inc., of King of Prussia, Pennsylvania, to help convert a former coal fired power plant to a multitenant building for growing companies in the region. This grant will be matched…