EDA: $2.8 Million Invested to Establish Business and Technology North Park in Weatherford, OK
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million grant to the city of Weatherford and the Weatherford Industrial Trust, Weatherford, Oklahoma, to boost manufacturing, energy, industrial, and commercial development by establishing the Weatherford Business and Technology North Park. The EDA grant, to be…
EDA: $1.25 Million Invested to Make Infrastructure Improvements Near Ardmore, OK Opportunity Zone
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 Ardmore Development Authority, Ardmore, Oklahoma, to make water infrastructure upgrades needed to support business growth at the Ardmore Industrial AirPark. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity…
ABA: Statement on House Coronavirus Subcomittee Report on PPP
“Working with the federal government, banks of all sizes worked day and night to get the Paycheck Protection Program off the ground in the middle of a pandemic. The size, scale and speed of their response was unprecedented, delivering more than $500 billion in PPP loans that have allowed struggling small businesses affected by COVID-19…
EDA: $7.8 Million Invested to Establish a Bioscience and Technology Incubator Facility in Lawrence, KS Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.8 million grant to the Bioscience & Technology Business Center at the University of Kansas in Lawrence, Kansas, to build a new facility to increase entrepreneurial and research opportunities in the bioscience and technology sector. The EDA…
Census Bureau: Small Business Pulse Survey Phase 2 Weekly Data Release
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: U.S. Department of Commerce Launches $25 Million SPRINT Challenge to Address Coronovirus Pandemic Through Entrepreneurship and Innovation
Today, U.S. Secretary of Commerce Wilbur Ross announced the opening of the Economic Development Administration’s (EDA) new Scaling Pandemic Resilience Through Innovation and Technology (SPRINT) Challenge, which will enable organizations across the country to address the economic, health, and safety risks caused by the coronavirus pandemic through entrepreneurship and innovation. The SPRINT Challenge is a…
EDA: $4.8 Million Invested to Protect Businesses from Flooding and Support Economic Growth in Moberly, MO Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.8 million grant to the city of Moberly, Missouri, to make water and wastewater infrastructure improvements needed to support businesses growth. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched…
EDA: $21.9 Million Invested to Boost Capacity of Crown Bay Terminal in St. Thomas, USVI Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $21.9 million grant to the Virgin Islands Port Authority, St. Thomas, United State Virgin Islands, to rebuild and expand cargo handling and storage infrastructure at the Crown Bay Terminal to support increased exports and imports and enhance…
EDA: $3.9 Million Invested to Establish Advanced Manufacturing and Construct Center of Excellence in Perry County, KY Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.9 million grant to the Kentucky Community and Technical College System, Versailles, Kentucky, to renovate an existing technological building at Hazard Community and Technical College in Perry County to house the College’s new Advanced Manufacturing and Construction…
EDA: $3.6 Million Invested to Improve Water System Infrastructure and Reliability in Dayton, OH
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.6 million grant to the city of Dayton, Ohio, to purchase and establish new electric generators needed to ensure continued business operations in Montgomery and Greene counties. The EDA grant will be matched with $900,000 in local…