EDA: $1.2 Million in CARES Act Recovery Assistance Invested at Uintah B. College in Eastern Utah
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to Uintah B. College, Roosevelt, Utah, to purchase modern training equipment to expand commercial trucking industry training programs at two regional campuses. The EDA grant, to be matched with $291,908…
EDA: $1.18 in CARES Act Recovery Assistance Invested to Support Business Growth in West Wendover, NV Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.18 million CARES Act Recovery Assistance grant to the city of West Wendover, Nevada, to develop infrastructure to diversify and strengthen the local economy in response to adverse economic impacts caused by the coronavirus pandemic. The EDA…
EDA: $1 Million Invested to Improve Water Infrastructure in Canton, IL Opportunity Zone
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 Canton, Illinois, to make critical water infrastructure improvements needed to support new and existing businesses throughout Fulton County. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity…
EDA: $1 Million in CARES Act Recovery Assistance Invested to Aid Reopening of Tourism Economy in Utah
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to the Governor’s Office of Economic Development (GOED) in Salt Lake City, Utah, to support Utah’s Safe To Stay Open campaign in response to the economic impacts caused by the…
EDA: $975,000 Invested to Support Aerospace Industry Training Near West Virginia Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $975,000 grant to Marshall University Research Corporation, Huntington, West Virginia, to launch a new Aircraft Maintenance Technician (AMT) Training Program at the Robert C. Byrd Institute. The project, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will be matched with…
EDA: $956,858 in CARES Act Recovery Assistance Invested to Support Economic Diversification Efforts in Michigan Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $956,858 CARES Act Recovery Assistance grant to Lake Superior State University, Sault Ste. Marie, Michigan, to purchase lab equipment to build capacity at the Center for Freshwater Research and Education. The project, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…
EDA: $892,000 in CARES Act Recovery Assistance Invested to Support Pandemic-Related Medical Technology Production in Omaha, NE
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $892,000 CARES Act Recovery Assistance grant to the University of Nebraska, Omaha, Nebraska, to create UNeTech Deploy!, a program to produce and deploy pandemic-related medical technology products. The project, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched…
EDA: $560,000 Invested to Support Business Growth in Cameron, TX
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $560,000 grant to the city of Cameron, Texas, to make roadway improvements in downtown Cameron and the Cameron Industrial Park to support business retention, expansion, and attraction. The EDA grant, to be matched with $140,000 in local funds, is expected to create…
OCC: Final Rule on Supervisory Guidance Approved
The Office of the Comptroller of the Currency (OCC) today approved a final rule confirming the OCC’s use of supervisory guidance for banks. The final rule codifies a statement, as amended, that was issued by the OCC, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, National Credit Union Administration, and Bureau…
SBA: Emerging Leaders Initiative to Help Growing Entrepreneurs Opened for 2021 Recruitment
The U.S. Small Business Administration announced the launch of the 2021 Emerging Leaders initiative for executives of small businesses poised for growth in underserved markets. Local area recruitment for the 2021 training cycle is currently underway at designated SBA District Offices. Interested small business owners can learn more regarding eligibility, how to apply, class schedules and locations at www.sba.gov/emergingleaders,…