EDA: Investment in Hurricane Harvey Disaster Recovery Made in Anahuac, TX Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to the city of Anahuac, Texas, to protect businesses from future floods by rebuilding a wastewater treatment plant that was severely damaged by Hurricane Harvey in 2017. The investment, to be located in a Tax…
EDA: $1.2 Million Invested to Stoke Post Disaster Business and Entrepreneurial Activity in Puerto Rico 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 Operation Hope, Inc., of Atlanta, Georgia, to provide up to 300 technical assistance workshops in the Commonwealth of Puerto Rico to help small businesses and entrepreneurs grow and succeed following Hurricanes Irma and…
EDA: $3 Million Invested to Support Growth in Floyd County, IN
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Floyd County Commissioners of New Albany, Indiana, to make critical roadway infrastructure improvements needed to serve an industrial park that will support high-tech businesses. The EDA grant, to be matched with $3…
HUD: Secretary Carson Applauds the SEC’s Efforts to Encourage Main Street Investment in Opportunity Zones
SEC is also explaining how state and federal laws apply to Opportunity Zone fundraising U.S. Housing and Urban Development (HUD) Secretary Ben Carson today applauded the Securities and Exchange Commission’s (SEC) recent efforts to encourage Main Street capital investment in Opportunity Zones. In addition to providing guidance about participating in Qualified Opportunity Fund offerings, the…
EDA: $2.8 Million Invested to Protect Coral Springs, FL Corporate Park Area from Flooding
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 Coral Springs, Florida, to make improvements to better manage storm water at the 442-acre Corporate Park business area. This EDA grant will be matched with $1.97 million in local investment,…
EDA: $2 Million Invested to Help Build a Tribally-Owned Manufacturing and Warehouse Facility in Michigan
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Sault Ste. Marie Tribe of Chippewa Indians in Sault Ste. Marie, Michigan, to help construct a new manufacturing and warehouse facility that will serve as the foundation for tribally-led regional business development….
EDA: $3 Million Invested to Support Workforce Training Efforts in Illinois
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to Illinois Central College in East Peoria, Illinois, to support development of its new Workforce Sustainability Center. This EDA grant will be matched with nearly $6 million in state and local matching funds, and…
ABA: Experts Selected to Judge Top Banks in Corporate Social Responsibility
Deadline for Community Commitment Award entries extended to July 19 WASHINGTON — The American Bankers Association Foundation today is pleased to announce the list of national experts responsible for judging the banking industry’s 2019 Community Commitment Awards. The CCA program recognizes banks of all sizes and charters across the country for their corporate social responsibility efforts…
EDA: Investment Made to Protect Dayton, TN Businesses from Future Flood Events
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the city of Dayton, Tennessee, to upgrade critical water infrastructure needed to protect local businesses from future flood events. The grant, to be matched with $11.8 million in local funds, is expected to…
SBA: Funding Competition Announced for Organizations Providing Training to Service-Disabled Veteran Entrepreneurs
The U.S. Small Business Administration today announced that non-profit organizations, state and local agencies, and institutions of higher learning are eligible to compete for funding of up to $150,000 to deliver entrepreneurship training to service-disabled veterans. Up to six awardees will use the $300,000 in total funding to participate in the Service-Disabled Veteran Entrepreneurship Training Program with…