EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Construction of Career Workforce Academy in Fargo, ND
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to North Dakota State College of Science Foundation, Wahpeton, North Dakota, to build the Career Workforce Academy in Fargo. This EDA grant, to be matched with $4,840,139 in local investment, is expected to create 109…
EDA: $842,522 in CARES Act Recovery Assistance Invested to Support Economic Recovery and Resiliency Efforts in Bershires Region of Massachusetts
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $842,522 CARES Act Recovery Assistance grant to the Berkshire Regional Planning Commission, Pittsfield, Massachusetts, to develop and implement an economic recovery and resiliency plan and provide technical assistance to bolster the region’s ability to withstand future economic disruptions. This EDA grant will…
EDA: $800,000 in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Serve Businesses in Albany County, WY
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 CARES Act Recovery Assistance grant to Laramie Chamber Business Alliance, Laramie, Wyoming, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to businesses adversely affected by the coronavirus pandemic in Albany County. The EDA grant,…
EDA: $500,000 in CARES Act Recovery Assistance Invested to Support Business Education and Mentorship in Eugene, OR
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 CARES Act Recovery Assistance grant to the Eugene Chamber of Commerce, Eugene, Oregon, to provide education and mentoring support needed to help area businesses respond to the coronavirus pandemic. This EDA grant, to be matched with $184,771 in local investment, is…
EDA: U.S. Department of Commerce Launches $38 Million Build to Scale Program to Fuel Innovation and Tech-Based Economic Development
Today, the U.S. Department of Commerce announced the opening of the Economic Development Administration’s (EDA) FY21 Build to Scale (B2S) program, which is designed to invest in regional economies through scalable startups. The Build to Scale program’s national competitions will deploy $38 million to further technology-based economic development initiatives that accelerate high-quality job growth, create more…
SBA: Smallest of Small Businesses Prioritized in the Paycheck Protection Program
Steps to Promote Equitable Relief for Mom-and-Pop Businesses Building on a month of strong results, the Biden-Harris Administration and the U.S. Small Business Administration are taking steps with the Paycheck Protection Program to further promote equitable relief for America’s mom-and-pop businesses. The latest round of Paycheck Protection Program funding opened one month ago and already the Biden Administration has…
EDA: $19.3 Million in CARES Act Recovery Assistance Invested to Support Pandemic Response and Resiliency Efforts in Texas
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $19.3 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “EDA is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the coronavirus pandemic,” said…
EDA: $10.3 Million Invested to Establish Workforce Training in Facility in Northern Marianas Islands
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $10.3 million grant to Northern Marianas Technical Institute, Saipan, Commonwealth of the Northern Mariana Islands, to support workforce education and training through the construction of a new facility to house the school’s trades program. This EDA grant is expected to create 410…
EDA: $6.7 Million in CARES Act Recovery Assistance Invested to Support Pandemic Response and Resiliency Efforts in California
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $6.7 million in CARES Act Recovery Assistance grants to help communities and businesses in California respond to the coronavirus pandemic. “EDA is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the coronavirus pandemic,” said Dennis…
EDA: $4.5 Million in CARES Act Recovery Assistance Invested to Boost Rail Capacity in Perry County, IN
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $4.5 million CARES Act Recovery Assistance grant to the Perry County Port Authority, Tell City, Indiana, to make railway infrastructure improvements needed to support the growth of manufacturing and other businesses in three local industrial parks. This EDA grant, to be matched…