Economic Development

EDA: $532,497 Invested to Expand Entrepreneurial Services in Pittsburgh, PA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $532,497 grant to Catalyst Connection, Pittsburgh, Pennsylvania, to expand entrepreneurial services and resources through the development of a virtual maker-to-manufacturer (M2M) commercialization center. This EDA grant, to be matched with $532,899 in local investment, is expected to create 100 jobs, retain 125…

EDA: $500,000 in CARES Act Recovery Assistance Invested to Support Broadband Planning in California’s Central Sierra Region

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 CARES Act Recovery Assistance grant to the County of Tuolumne, California, to create a guiding document on the development of broadband in the five-county Central Sierra region. “The Economic Development Administration plays an important role in supporting locally-generated economic development strategies…

EDA: $2.5 Million Invested to Support Business Retention and Expansion Efforts in Barboursville, WV

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 Pea Ridge Public Service District, Barboursville, West Virginia, to extend public sanitary sewer services to local businesses and allow for future economic growth. This EDA grant, to be matched with $975,000 in…

EDA: Department of Commerce Awards $29 Million in SPRINT Challange Grants to Respond to the Coronavirus Pandemic

 U.S. Secretary of Commerce Gina Raimondo today announced that a total of $29 million would be awarded to 44 organizations as part of the Economic Development Administration’s (EDA) Scaling Pandemic Resilience Through Innovation and Technology (SPRINT) Challenge. Last year, the SPRINT Challenge was launched to harness America’s entrepreneurial potential to address the economic, health, and…

SBA: Portal Launched to Begin Accepting Shuttered Venue Operators Grant Applications on April 8th

National informational webinar to review application process on March 30 The U.S. Small Business Administration is launching a splash page for the Shuttered Venue Operators Grant (SVOG) application portal today in anticipation of opening applications for the much-anticipated critical economic relief program on Thursday, April 8, 2021. “Help is here for venue operators hit hard by the COVID-19 pandemic. The…

EDA: $4 Million in CARES Act Recovery Assistance Invested to Boost Aerospace Workforce Training Efforts in Oklahoma

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million CARES Act Recovery Assistance grant to Southern Tech, Ardmore, Oklahoma, to help build their Aerospace Airframe and Powerplant Certification Training facility. This EDA grant, to be matched with $1 million in local investment, is expected…

EDA: $3.4 Million in CARES Act Recovery Assistance INvested to Boost Tourism and Manufacturing Growth Efforts in Tennessee

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.4 million in CARES Act Recovery Assistance grants to help the state of Tennessee prevent, prepare for, and respond to coronavirus by supporting local tourism and manufacturing growth strategies. “The Biden Administration is committed to getting our tourism…

EDA: $2.85 Million in CARES Act Recovery Assistance Invested to Aid Reopening of Alaska’s Tourism Economy

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.85 million CARES Act Recovery Assistance grant to the Alaska Travel Industry Association, Anchorage, Alaska, to implement emergency efforts needed to aid in the reopening of the state’s tourism economy. This EDA grant will be matched with…

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…