EDA: $23 Million Investment Made to Fuel High-Growth Entrepreneurship Across America
U.S. Secretary of Commerce Wilbur Ross today announced that 44 organizations — including nonprofits, institutions of higher education, and entrepreneurship-focused organizations — from 28 states and two territories will receive grants totaling $23 million to create and expand high-growth entrepreneurship and increase access to capital for communities across America. The grants are made annually under…
CFPB: FTC, CFPB and States Announce Settlement with Equifax Over 2017 Data Breach
The Consumer Financial Protection Bureau (Bureau), the Federal Trade Commission (FTC), and 48 states, the District of Columbia and Puerto Rico announced a global settlement today with Equifax that would provide up to $700 million in monetary relief and penalties. In a complaint and proposed stipulated judgment filed in federal district court in the Northern…
EDA: Investment Made to Help Establish Welding Technology Training Facility in Tallahassee, FL Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.25 million grant to Tallahassee Community College of Tallahassee, Florida, to help establish the Welding Technologies Laboratory at the Kim B. Williams Advanced Manufacturing Training Center. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity…
HUD: $4.8 Million Awarded to Help Low-Income Veterans Rehabilitate Their Homes
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $4.8 million in funding through the Veterans Housing Rehabilitation and Modification Pilot (VHRMP) Program to assist disabled veterans with modifying or rehabilitating their homes, making them more accessible. Through the VHRMP program, grantees will make necessary physical modifications…
EDA: Investment Made to Boost Capacity and Enhance Resiliency at the Port of Panama City
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $10 million grant to the Panama City Port Authority of Panama City, Florida, to help build a new biomass bulk storage facility at the Port of Panama City. The project, to be matched with $3.2 million in…
EDA: $1 Million Invested to Boost Industrial Capacity in Darlington, WI
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the city of Darlington, Wisconsin, to make critical infrastructure improvements needed to expand an existing industrial park. This EDA grant will be matched with $1 million in local investment, and is expected to…
EDA: Investment Made to Help Establish Training Center for Maintenance Technology Programs at Pensacola International Airport
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $12.25 million grant to the city of Pensacola, Florida, to make critical infrastructure improvements needed to establish a maintenance training facility at Pensacola International Airport. The EDA grant, to be matched with more than $36 million in…
EDA: $3 Million Invested to Support Growth in Floyd County, IN
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Floyd County Commissioners of New Albany, Indiana, to make critical roadway infrastructure improvements needed to serve an industrial park that will support high-tech businesses. The EDA grant, to be matched with $3…
HUD: Secretary Carson Applauds the SEC’s Efforts to Encourage Main Street Investment in Opportunity Zones
SEC is also explaining how state and federal laws apply to Opportunity Zone fundraising U.S. Housing and Urban Development (HUD) Secretary Ben Carson today applauded the Securities and Exchange Commission’s (SEC) recent efforts to encourage Main Street capital investment in Opportunity Zones. In addition to providing guidance about participating in Qualified Opportunity Fund offerings, the…
EDA: $2 Million Invested to Help Build a Tribally-Owned Manufacturing and Warehouse Facility in Michigan
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 Sault Ste. Marie Tribe of Chippewa Indians in Sault Ste. Marie, Michigan, to help construct a new manufacturing and warehouse facility that will serve as the foundation for tribally-led regional business development….