Economic Development

SBA: New Grant Funding Announced for Native American-Owned Small Businesses

Native American Trade Expansion Program to Provide Up to $240,000 in Grants Today,  Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced a funding opportunity for Native American-owned small businesses under its new pilot Native American Trade Expansion Program…

EDA: $1.9 Million Invested to Support Sustainable Manufacturing in Red Devil, Alaska’s Tribal Communities

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to TKC Fish Wheel in Anchorage, Alaska, to support the establishment of a sustainable manufacturing enterprise for the Middle Kuskokwim Tribes.  This grant will support construction of a 9,288-square-foot sawmill in Red Devil, Alaska, that…

EDA: $4 Million Invested to Establish Workforce Development Training Facility in Southern Arizona

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the Pascua Yaqui Development Corporation, in Tucson, Arizona, to support workforce development at the Pascua Yaqui Reservation and surrounding community. This grant will support construction of a 3,200-square-foot workforce development facility and the acquisition…

EDA: $2.4 Million Invested to Utility Upgrades to Support Business Growth in Granite Falls, MN

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the city of Granite Falls, Minnesota, for electrical grid upgrades in support of local businesses. This grant will provide an updated utility infrastructure, providing businesses with reliable service during future natural disasters. This EDA…

EDA: $1.5 Million Invested for Airport Infrastructure Improvements to Support Business Development in Granbury, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Granbury, Texas’ Economic Development Department for infrastructure improvements at Granbury Regional Airport to support business development in the region. This grant will provide airport access to larger aircraft, attracting additional businesses…

EDA: $1.3 Million Invested to Support Advanced Manufacturing Workforce Development in Parkersburg, WV

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to West Virginia University at Parkersburg (WVUP) to boost advanced manufacturing workforce training efforts in the region. This grant will support development of the WVUP Advanced Manufacturing Training Facility and the procurement of related equipment….

EDA: $690,000 Invested to Establish Integrated Therapy Center in Cleveland, NM

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $690,000 grant to Collins Lake Autism Center in Cleveland, New Mexico, to help build an integrated therapy center. This grant will support training for counselors and therapists who will provide mental health and trauma recovery following devastating wildfires in the area. This…

EDA: New Funding Round of $504 Million Announced for 12 Tech Hubs Across America

The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), announced another funding round of approximately $504 million in implementation grants to 12 Tech Hubs to scale up the production of critical technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness and national security, and accelerate the growth of industries of the future in…

SBA: New Solicitation Announced to Expand Funding for Regional Innovation Cluster Network

Regional Innovation Clusters Will Increase Startup and Small Business Participation in U.S. Supply Chain Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced a new funding solicitation for the SBA’s Regional Innovation Cluster (RIC) Initiative that will make awards…

Census Bureau: 2022 County Business Patterns Data Now Available

The U.S. Census Bureau today released the 2022 County Business Patterns (CBP). This annual series of statistics provides subnational economic data by industry. The number of establishments, employment during the week of March 12, first quarter payroll and annual payroll are provided for nearly 1,000 industries, as defined by the 2017 North American Industry Classification System…