SBA: Disaster Assistance Loans Available for Small Businesses Impacted by Coronavirus (COVID-19)
SBA Administrator Jovita Carranza issued the following statement today in response to the President’s address to the nation: “The President took bold, decisive action to make our 30 million small businesses more resilient to Coronavirus-related economic disruptions. Small businesses are vital economic engines in every community and state, and they have helped make our economy the strongest…
EDA: $1.5 Million Invested to Make Critical Roadway Improvements Needed to Support Business Growth in Springdale, AR
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Springdale, Arkansas, to support business growth by improving roadway infrastructure needed to ease the movement of commercial traffic. The EDA grant, to be matched with $1 million in local funds,…
EDA: $2.2 Million Invested to Establish Disaster Recovery Headquarters in San Angelo, TX
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to Concho Valley Council of Governments (CVCOG) in San Angelo, Texas, to purchase a building to serve as CVCOG’s regional headquarters. The facility will provide disaster recovery and economic development services to the region….
EDA: $1.1 Million Invested to Improve Freight Rail Connector to Serve Businesses in Catoosa, OK Port
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to the Tulsa Port of Catoosa, Oklahoma, to improve the critical freight rail infrastructure in the busy port city, which is prone to natural disasters. The EDA grant will be matched with $1.1 million…
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…