Economic Development

SBA: National Small Business Week to Kick-Off September 22-24

Today, Jovita Carranza, Administrator of the U.S. Small Business Administration, announced the kick-off for National Small Business Week. The virtual event, rescheduled from May due to the coronavirus pandemic, will be held September 22-24. National Small Business Week honors the nation’s small businesses, many of which are veteran, women and minority-owned, for their achievements and dedication to…

EDA: $2.5 Million Invested to Make Wastewater Infrastructure Improvements in Marble Falls, TX

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the city of Marble Falls, Texas, to build a new flood-resistant wastewater treatment plant that will increase the city’s capacity to protect businesses from flooding and encourage additional business development. The EDA grant,…

EDA: $1.25 Million Invested to Improve Wastewater Infrastructure Near Opportunity Zone in Pulaski, VA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.25 million grant to the Town of Pulaski, Virginia, to make wastewater infrastructure improvements needed to support growth of the region’s vital manufacturing sector. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone,…

Census Bureau: Small Business Pulse Survey Phase 2 Weekly Data Released

The U.S. Census Bureau today released new data from the second phase of the experimental Small Business Pulse Survey. Data collection began Aug. 9, 2020. Results will be released weekly starting Aug. 20 through Oct. 15, 2020. The second phase includes questions on the core concepts from the first phase of the survey, as well as…

EDA: $1.5 Million Invested to Make Critical Infrastructure Improvements in Artesia, NM

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Artesia, New Mexico, to support business location and expansion plans by making critical infrastructure improvements to the city’s industrial park. The EDA grant will be matched with $1.5 million in…

EDA: $1.2 Million Invested to Construct Rail Spur to Serve Industrial Park in Corsicana, TX Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Corsicana, Texas, to construct an industrial rail spur to serve the Highway 31 Industrial Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be…

EDA: $1 Million Invested to Upgrade Infrastructure and Boost Business Development in Las Cruces, NM 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 Regents of New Mexico State University, Las Cruces, New Mexico, to make critical infrastructure improvements at New Mexico State University’s Arrowhead Park. The EDA grant, to be located in a Tax Cuts and…

EDA: $2.45 Million Invested to Improve Stormwater Infrastructure in Support of Business Growth in Atlantic City, NJ

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.45 million grant to Atlantic City, New Jersey, to make stormwater infrastructure improvements needed to protect downtown businesses from flooding and facilitate the location of new businesses, including major medical and energy enterprises. The EDA grant, to…

EDA: Over $82 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic

The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: August 28, 2020 – U.S. Department of Commerce Invests $13 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small…

EDA: $1.2 Million Invested to Establish New Business Park in Richfield, NY

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the County of Otsego Industrial Development Agency, Oneonta, New York, to establish the Richfield Springs Eco-Industrial Business Park. The EDA grant, to be matched with $325,000 in state funds and $875,000 in local…