Economic Development

EDA: $850,000 Invested to Establish Maritime Training Facility in New Orleans Opportunity Zone

 Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $850,000 grant to Delgado Community College of New Orleans, Louisiana, to support the growth of Louisiana’s water transportation industry by building the new Delgado Maritime and Industrial Training Facility. The EDA grant project, to be located in a Tax Cuts and Jobs Act …

EDA: $500,000 Invested to Establish Business Revolving Loan Fund to Serve Twelve County, Disaster-Impacted Region in South Dakota

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Northeast Council of Governments (NECOG) in Aberdeen, South Dakota, to establish a new Revolving Loan Fund (RLF) to support small businesses with recovering and rebuilding following a natural disaster. The EDA project, of which a portion is located in…

SBA: Services Expanded for Women Entrepreneurs in West Virginia

Applications accepted through March 23, 2020 The U.S. Small Business Administration is accepting grant applications for a new Women’s Business Center in West Virginia. This expansion of SBA services is part of the agency’s priority to open more doors for women entrepreneurs and increase access to resources in socially and economically disadvantaged communities. “This new grant opportunity…

EDA: $8.9 Million Invested to Improve Flood Control Infrastructure Near Opportunity Zone in Long Beach, CA

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding an $8.9 million grant to the city of Long Beach, California, to make the flood control infrastructure improvements needed to protect businesses and make the region resilient to future natural disasters. The EDA grant, to be located near…

EDA: $735,000 Invested in Critical Roadway Infrastructure near Opportunity Zone in Mattapoisett, MA

oday, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $735,000 grant to the town of Mattapoisett, Massachusetts, to reconstruct a critical roadway that serves an industrial park and surrounding businesses. The EDA grant project, to be located near a Tax Cuts and Jobs Act  Opportunity Zone, will be matched with $735,000 in…

EDA: $513,274 Invested to Support Manufacturing in Atkinson, IL

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $513,274 grant to the Village of Atkinson, Illinois, to make critical sewer infrastructure improvements needed to support the growth of manufacturing businesses in the region. This EDA grant, to be matched with $513,274 in local investment, is expected to create or retain…

SBA: Veterans Small Business Advisory Committees to Host Public Meetings on March 4 and 5

The U.S. Small Business Administration’sInteragency Task Force on Veterans Small Business Development and Advisory Committee on Veterans Business Affairs will hold public meetings on March 4 and 5 respectively at SBA headquarters in Washington, D.C. The meetings will also be accessible via teleconference and webinar. Fran Perez-Wilhite is the newly appointed ACVBA chairwoman. She was chosen…

EDA: $5.6 Million Invested to Provide Critical Infrastructure Needed to Prevent Flooding in Williamsport, PA Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.6 million grant to Lycoming County, Pennsylvania to prevent flooding by repairing a structurally unsound I-wall located within the Northeast levee in Williamsport. The EDA grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will…

EDA: $1.8 Million Invested to Establish Revolving Loan Fund to Assist Businesses in Disaster-Impacted Northern California

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to 3CORE, Inc. of Chico, California, to establish a Revolving Loan Fund (RLF) to create stronger and more economically resilient communities in wildfire-impacted Butte, Glenn, and Tehama counties. The EDA grant, to be matched…

EDA: Over $700,000 Invested to Support Tribal Disaster Recovery Efforts in Wisconsin

 Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $709,222 grant to the Bad River Band of Lake Superior Tribe of Chippewa Indians in Odanah, Wisconsin, to hire an Economic Recovery Coordinator to advance disaster recovery efforts in the region. The project is located near a Tax Cuts and Jobs Act designated Opportunity Zone….