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 […]

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, […]

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 […]

SBA: National SBIR Week Scheduled to Connect Technology Innovators & Entrepreneurs with Research Funding

 The U.S. Small Business Administration will host 2021 National SBIR Week on July 19 through July 23 for small business innovators.  The virtual event will connect entrepreneurs working on advanced technology to the country’s largest source of early-stage funding – the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.  […]

OCC: Organizational Changes Announced

The Office of the Comptroller of the Currency (OCC) today announced structural changes intended to enhance the agency’s efficiency and effectiveness. “The changes announced today will improve collaboration, alignment, and engagement within the agency,” said Acting Comptroller of the Currency Michael J. Hsu. The agency is realigning its Economics, Supervision […]

FEMA: President Biden Approves Emergency Declaration for Florida

FEMA announced that federal emergency aid has been made available to the state of Florida to supplementstate, local and tribal response efforts to the emergency conditions for areas potentially affected by Tropical Storm Elsa beginning on July 4 and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts which have the purpose of […]

SBA: Closure of Restaurant Revitalization Fund Program Announced

Over 100k restaurants were awarded $28.6 billion; Average award was $283K Today, U.S. Small Business Administration Administrator Isabel Guzman announces the closure of the Restaurant Revitalization Fund (RRF) program, signed into law by President Joe Biden as part of the American Rescue Plan. The program provided much needed economic aid to restaurants and […]

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in April 2021. The CRA is a 1977 law intended to encourage insured banks and […]

OCC: CRA Evaluations for 16 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of June 1, 2021 through June 30, 2021. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks […]