EDA: $3 Million Invested to Improve Packer Avenue Marine Terminal in Philadelphia, PA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Philadelphia Regional Port Authority, Philadelphia, Pennsylvania, for infrastructure upgrades needed to boost offloading capacity at the Packer Avenue Marine Terminal. This EDA project, to be matched with $8.3 million in local…
EDA: $2.6 Million In vested to Expand Broadband Access in Barron and Washburn Counties in Wisconsin
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Mosaic Technologies, Cameron, Wisconsin, to install more than 70 miles of broadband fiber optic cable in Barron and Washburn counties in Wisconsin to expand access and increase reliability. This EDA project, to…
EDA: $1.3 Million in CARES Act Recovery Assistance Invested to Support Agriculture Supply Chain Improvements in Pennsylvania
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million CARES Act Recovery Assistance grant to the Pennsylvania Association for Sustainable Agriculture, Millheim, Pennsylvania, to help establish a singular database and e-commerce marketplace to comprehensively connect and stabilize the regional foodshed supply chain. This…
EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Support Advanced Manufacturing and Job Creation in Rochester, NY
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the Rochester Institute of Technology (RIT), Rochester, New York, to support the Industry 4.0 Transition Program in the Finger Lakes & Central New York regions at The Center…
EDA: $902,500 Invested for Wastewater Treatment Upgrades in Support of Local Industries in Hartwell, GA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $902,500 grant to the city of Hartwell, Georgia, to support critical upgrades to the city’s wastewater treatment plant to accommodate a new distribution center and other businesses. This EDA grant, to be matched with $902,500 in local investment, is expected to create…
EDA: $516,360 in CARES Axct Recovery Assistance Invested to Expand Plastics Workforce Training Program in West Virginia
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $516,360 CARES Act Recovery Assistance grant to Blue Ridge Community and Technical College, Martinsburg, West Virginia, to expand its plastics training program to meet local industry workforce needs in Morgan, Jefferson and Berkley counties. The project, to be matched with $294,190 in…
EDA: $500,000 Invested to Support Planning for Logistics Park in Denison, TX
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Business and Industrial Corporation of Denison, Inc., Denison, Texas, to support development of a master plan for the Texas Gateway Logistics Park that will assess the suitability of existing infrastructure, determine the best use for the property, and take…
SBA: Supplemental Grant Applications for Shuttered Venue Operators Grant Awardees Opened
Awards Expected to Begin Going out within Two Weeks Today, the U.S. Small Business Administration announced it will begin sending invitations for supplemental awards for the Shuttered Venue Operators Grant program. Per the Economic Aid to Hard-Hit Small Businesses, Non-profits and Venues Act, SVOG supplemental awards are to be provided to those who received an initial grant and have illustrated…
Agencies Issue Guide to Help Community Banks Evaluate FinTech Relationships
The federal bank regulatory agencies today released a guide intended to help community banks assess risks when considering relationships with financial technology (fintech) companies. Community banks are entering into business arrangements with fintech companies to offer enhanced products and services to their customers, increase efficiency, and reduce internal costs. This guide is intended to serve…
HUD: Nearly $95 Million Awarded to Protect Families from Lead and Other Home Health and Safety Hazards
Funding will make low-income families’ homes safer and healthier The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $95 million to 28 state and local government agencies in 19 states to protect children and families from lead-based paint and other home health hazards. HUD is providing these grants through its Lead Based Paint…