EDA: $624,000 Invested to Support Disaster Economic Resliency Efforts Near Keani, AK Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $624,000 grant to the Kenai Peninsula Economic Development District, Kenai, Alaska, to increase the economic resilience of the Kenai Peninsula to future disasters. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $176,000 in…
EDA: $360,000 in CARES Act Recovery Assistance Invested to Support Statewide Tourism Economic Recovery Strategy in Louisiana
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $360,000 grant to the Louisiana Office of Tourism, Baton Rouge, Louisiana, to support a statewide economic recovery strategy in a key tourism sector. The project will be matched with $90,000 in local funds. “This investment comes at a crucial time to help…
Census Bureau: Small Business Pulse Survey Phase 3 Weekly Data Released
The U.S. Census Bureau today released new data from the third phase of the Small Business Pulse Survey. Data collection began November 9, 2020. Results will be released weekly starting November 19, 2020, through January 14, 2021. No changes were made to the questionnaire for this phase. Data are available through the Small Business Pulse Survey Interactive…
SBA: Small Business Size Standard Revisions in Five Industrial Sectors Proposed
Change Aimed at Increasing Eligibility for Contracting and Loan Programs. Public Comments Due by Jan. 26, 2021 The U.S. Small Business Administration is seeking public comments on a proposed rule that would revise the small business size standards for businesses in five North American Industrial Classification System (NAICS) sectors to increase small business eligibility for SBA’s loan and contracting…
Federal Reserve: Board Announces Extension Through March 31, 2021 for Several of Its Lending Facilities
Facilities were generally scheduled to expire on or around December 31 The Federal Reserve Board on Monday announced an extension through March 31, 2021, for several of its lending facilities that were generally scheduled to expire on or around December 31. By backstopping critical short-term funding markets, these facilities are supporting market functioning and enhancing…
Census Bureau: Small Business Pulse Survey Phase 3 Weekly Data Released
The U.S. Census Bureau today released new data from the third phase of the Small Business Pulse Survey. Data collection began November 9, 2020. Results will be released weekly starting November 19, 2020, through January 14, 2021. No changes were made to the questionnaire for this phase. Data are available through the Small Business Pulse Survey Interactive…
EDA: $13.3 Million Invested to Improve Transportation Infrastructure in Chico, CA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $13.3 million grant to the city of Chico, California, to make roadway improvements needed to increase access to an airport and three major job centers. The EDA grant is expected to create 620 jobs, retain 200 jobs,…
EDA: $4.4 Million Invested to Support Commercial Fishing Workforce Development Efforts in American Samoa Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to the American Samoa Government, Pago Pago, American Samoa, to support commercial fishing workforce development and economic diversification efforts. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will create…
EDA: $1.49 Million in CARES Act Recovery Assistance Invested to Expand Healthcare Delivery Capacity on Coquille Indian Tribe’s Kilkich Reservation
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.49 million CARES Act Recovery Assistance grant to the Coquille Indian Tribe, North Bend, Oregon, to purchase equipment and supplies needed to expand patient capacity and respond to the coronavirus pandemic through the Ko-Kwel Wellness Center, currently…
EDA: $1.45 Million Invested to Make Water System Infrastructure Improvements in Georgetown, SC
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.45 million grant to the city of Georgetown, South Carolina, to make water infrastructure improvements needed to support commercial and industrial growth following destruction caused by Hurricane Florence. The EDA grant will be matched with $364,740 in…