ABA: Statement on Bank On Account Milestone
“We are thrilled to learn that more than 100 financial institutions, including a growing number of America’s banks, now offer low-cost Bank On certified accounts. We congratulate the Cities for Financial Empowerment Fund, which created the Bank On standards, for this important achievement and for the CFE Fund’s ongoing efforts to reduce the number of…
Census Bureau: Small Business Pulse Survey Phase 5 Weekly Data Released
The U.S. Census Bureau today released new data from the fifth phase of the Small Business Pulse Survey (SBPS). Data collection began May 17. Results will be released weekly May 27 to July 22. The SBPS includes questions on small business operations and finances, requests and receipt of assistance, COVID-19 vaccinations and testing, measures of overall well-being, and…
EDA: $7.7 Million in CARES Act Recovery Assistance Invested to Expand Bioscience Laboratory Facilities and Support Workforce Development Programs in Texas
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $7.7 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “President Biden is dedicated to supporting our nation’s economy as we build back better from the…
EDA: $2.5 Million Invested to Establish Drone Port and Support Workforce Development Efforts in Oklahoma
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is investing $2.5 million in the state of Oklahoma to diversify the regional economy and create new job opportunities. “President Biden is committed to supporting new opportunities for economic development across the country,” said Secretary of Commerce Gina M….
EDA: $2.1 Million Invested to Help Establish New Aviation Research and Maintenance Facility at Wichita State University
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to Wichita State University, Wichita, Kansas, to support the growth of the aviation sector by purchasing and installing equipment for use in the new Flight Test Research Center and a Maintenance, Repair, and…
EDA: $1.4 Million Invested to Support Manufacturing Growth in Grantsburg, WI
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to the village of Grantsburg, Wisconsin, to construct road, water and sewer infrastructure to support expansion of the North Industrial Park and promote manufacturing sector growth. This EDA project, to be matched with…
EDA: $1.9 Million Invested to Boost Industrial Growth in Itasca County, MN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the city of Grand Rapids, Minnesota, to extend water and sewer infrastructure to attract new industry and support the expansion of existing businesses. This EDA project, to be matched with $1.9 million…
EDA: $1.3 Million Invested to Create Biotech Labs in the University of New Orleans Research and Technology Park
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the New Orleans Business Alliance, New Orleans, Louisiana, to support the development of wet lab space and a clean room as a key component of the Information Technology Center at the University…
EDA: $864,550 Invested to Improve Rail Facilities to Support Business Growth in New Boston, TX
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $864,550 grant to TexAmericas Center, New Boston, Texas, to construct new rail facilities and refurbish those currently in operation at the mixed use economic development site. This EDA grant, to be matched with $216,138 in local investment, is expected to create 157…
EDA: $604,405 Invested to Support Business Recovery and Growth Through International Trade in Denver, CO
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $604,405 grant to Rocky Mountain World Trade Center Institute, Denver, Colorado, to provide technical assistance, planning, and coaching for Colorado small- and medium-sized businesses to increase international sales, job creation, and job retention. This EDA grant will be matched with $604,405 in…