EDA: $2.5 Million in CARES Act Recovery Assistance Invested to Support Business Capital Needs in Missouri
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $2.5 million in CARES Act Recovery Assistance grants to provide the capital needed to seed new businesses and support the growth of established businesses impacted by the coronavirus pandemic. “President Biden is committed to unleashing the full power…
EDA: $1.99 Million in CARES Act Recovery Assistance Invested to Help Establish New Hospital in Lake City, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.99 million CARES Act Recovery Assistance grant to the city of Lake City, South Carolina, to make water and sewer infrastructure improvements needed to serve a new hospital building in the region. This EDA grant will be…
EDA: $1 Million in CARES Act Recovery Assistance Invested to Create Business Resource Center in Pleasanton, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to the city of Pleasanton, Texas, to renovate a former downtown elementary school for use as a business center that will support economic development growth in downtown Pleasanton and provide…
EDA: $800,000 in CARES Act Recovery Assistance Invested to Boost Broadband Capacity and Business Development Efforts in Virginia
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 CARES Act Recovery Assistance grant to the Mid-Atlantic Broadband Communities Corporation, South Boston, Virginia, to increase broadband capacity in southern and central Virginia and bolster the region’s ability to withstand future economic disruptions. This EDA grant will be matched with $200,000…
EDA: $600,000 Invested to Capitalize Revolving Loan Fund to Provide Capital to Businesses in Lee and Russell Counties, AL
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to Lee-Russell Council of Governments, Opelika, Alabama, to capitalize a revolving loan fund that will provide critical gap financing to new and existing small and medium-sized businesses in Lee and Russell counties. This EDA grant will be matched with $150,000…
EDA: $4.2 Million in CARES Act Recovery Assistance Invested to Support Industrial and Manufacturing Growth in North Richland Hills, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.2 million CARES Act Recovery Assistance grant to the city of North Richland Hills, Texas, to improve Iron Horse Boulevard in support of the growth and retention of local industry and manufacturers, including a major manufacturer of…
EDA: $3 Million Invested to Support Growing Aviation Technology Cluster in Southern New Jersey
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Atlantic County Improvement Authority, Atlantic City, New Jersey, to grow the region’s critical aviation technology cluster by constructing a new office building that will provide growing aviation companies with the office space…
EDA: $2.5 Million Invested to Enhance Workforce Competitiveness and Manufacturing Resiliency in Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the Institute for Advanced Learning and Research (IALR), Danville, Virginia, to purchase equipment needed to support advanced manufacturing workforce training initiatives. This EDA grant, to be matched with more than $2.5 million in…
EDA: $2.3 Million in CARES Act Recovery Assistance Invested to Support Rural Economic Recovery in Colorado
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million CARES Act Recovery Assistance grant to the Colorado Department of Local Affairs, Denver, Colorado, to help rural Colorado communities develop economic recovery and resiliency plans needed to support the growth of regional economies and businesses…
EDA: $2.25 Million in CARES Act Recovery Assistance Invested to Boost Recovery Efforts of Small Businesses Across the Southeast
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.25 million CARES Act Recovery Assistance grant to Operation Hope, Inc., Atlanta, Georgia, to support small business coronavirus pandemic response and resiliency efforts in the southeastern United States. This EDA grant will be matched with $567,918 in…