SBA: Immediate Relief through Additional Deferment Provided to Existing COVID Economic Injury Disaster Loan Program Borrowers
Starting immediately, Agency extends additional relief to small businesses Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, directed the Agency to provide additional deferment of principal and interest payments for existing COVID Economic Injury Disaster Loan (EIDL) program Borrowers for a total…
EDA: $2.7 Million in CARES Act Recovery Assistance to Train Marine Service Technicians in Michigan’s Upper Peninsula
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million CARES Act Recovery Assistance grant to the Great Lakes Boat Building School, in Cedarville, Michigan, to construct a 10,000-square-foot school expansion, establish new boat-docking infrastructure and purchase additional marine electronics testing equipment. This project…
EDA: $2 Million in American Rescue Plan Funds Invested for Roadway Improvements to Support Business Development in Springdale, AR
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Springdale, Arkansas, to extend Dixieland Road in the northern portion of the city. This grant is funded by the American Rescue Plan. This project will create direct highway access for…
EDA: $1.5 Million in American Rescue Plan Funds Invested to Construct a Water Tower to Support Growing Industrial Park in Tonganoxie, KS
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Tonganoxie, Kansas, to construct a water tower. This grant is funded by the American Rescue Plan. This project will provide water infrastructure to support the expansion of the Tonganoxie Business…
EDA: $1.3 Million in American Rescue Plan Funds Invested to Support Expansion of Farmers Market, Generating Opportunity for Small Business and Entrepreneuers in Columbia, MO
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Columbia, Missouri, to further develop and expand the city’s Farmers Market. This grant is funded by the American Rescue Plan. This project will create additional indoor space to accommodate double…
HUD: $2.6 Billion Awarded to Help People Experiencing Homelessness
The awards include approximately 7,000 renewed and new grants that will promote a community-wide commitment to the goal of ending homelessness. The U.S. Department of Housing and Urban Development (HUD) today announced over $2.6 billion in FY 2021 Continuum of Care (CoC) Competition Awards for roughly 7,000 local homeless housing and service programs across the…
EDA: Louisiana Highlighted for Success in Innovation, Entrepreneurshipa nd Economic Reslience During High-Level International Delegation Visit
Senior Officials from Across the Western Hemisphere and Other Nations Set to Tour New Orleans, Baton Rouge, Lafayette, and Acadiana Today, the U.S. Department of Commerce’s Economic Development Administration (EDA), in coordination with the U.S. Department of State and the Organization of American States (OAS), announced that 52 high-level representatives from 20 countries will participate…
HUD: Nearly $70 Million Announced to Deliver Equitable COVID-19 Relief to 49 Tribal Communities
Today’s Announcement Brings Total ICDBG-ARP Awards to Nearly $280 Million Across 240 Tribes The U.S. Department of Housing and Urban Development (HUD) today announced the award of nearly $70 million in Indian Community Development Block Grant-American Rescue Plan (ICDBG-ARP) grants to 49 Tribal communities to prevent, prepare for, and respond to the COVID-19 pandemic. This…
SBA: Funding Opportunity Announced to Provide Continuation of Boots to Business Entrepreneurship Training
The U.S. Small Business Administration invites eligible non-profit organizations, state and local government agencies, private sector firms, and institutions of higher learning to submit proposals to provide synchronous online entrepreneurship training to transitioning service members, veterans, and military spouses. The entrepreneurship training shall be a continuation of the training participants receive as part of SBA’s Boots to Business (B2B)…
EDA: $5 Million in CARES Act Recovery Assistance Invested to Support the Tourism Industry in Duluth, MN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million CARES Act Recovery Assistance grant to the city of Duluth, Minnesota, to reconstruct a section of a seawall along Lake Superior behind the Duluth Entertainment and Convention Center (DECC). This project will help revitalize…