Economic Development

SBA: Emerging Leaders Initiative to Help Growing Entrepreneurs Opens 2019 Recruitment

The U.S. Small Business Administration (SBA) announced the launch of the 2019 Emerging Leaders Initiative for executives of small businesses poised for growth in emerging markets.  Local area recruitment for the 2019 training cycle is currently ongoing at designated SBA District Offices.  Interested  small business owners can learn more regarding eligibility, how to apply, class…

HUD: $10.6 Million in Jobs Plus Grants Awarded to Help Low-Income Public Housing Residents Secure Higher Paying Jobs

Jobs Plus grants to help families achieve financial self-sufficiency To help low-income public housing residents increase their income and move toward self-sufficiency, the U.S. Department of Housing and Urban Development (HUD) today awarded $10.6 million to four Public Housing Authorities (PHAs). HUD’s Jobs Plus Initiative connects public housing residents with employment, education and financial empowerment services—a…

EDA: $800,000 Invested to Establish a Business Incubator in the Town of Tabor City, NC

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to the town of Tabor City, North Carolina, to renovate a historic building for use as a business incubator that will support business growth in the region. “We commend Tabor City on their strategy to help support local entrepreneurs,” said…

EDA: $3 Million Invested to Improve Access to the Philadelphia Navy Yards Business Campus

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 Philadelphia Authority for Industrial Development, Philadelphia, Pennsylvania, to make critical infrastructure improvements needed to ease access to the Philadelphia Navy Yards business campus. According to grantee estimates, the project is expected to…

HUD: $74 Million Awarded to Help Families Reach Self-Sufficiency

Federal funding to support education and employment among HUD-assisted families U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $74 million to hundreds of public housing authorities across the country to continue helping public housing residents participating in the Housing Choice Voucher Program and/or reside in public housing to increase their earned income…

EDA: $1.8 Million Invested to Expand the Peachtree Corners Technology Incubator in Peachtree Corners, GA

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 the city of Peachtree Corners, Georgia, to help expand the Peachtree Corners Technology Incubator in the wake of Hurricane Irma. According to grantee estimates, the project is expected to create 143 jobs, retain…

EDA: $982,800 Invested to Establish Food Entrepreneurship Incubator Facility in Downtown Rochester, NY

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $982,800 grant to the Rochester Downtown Development Corporation of Rochester, New York, to renovate a portion of the Sibley Building for use as a shared-use commercial kitchen that will support local food entrepreneurs. According to grantee estimates, the project is expected to…

EDA: $2.3 Million Invested to Provide Critical Water Infrastructure Upgrades in Bourne, MA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the town of Bourne, Massachusetts, to construct a new waste water treatment plant. According to grantee estimates, the project is expected to create 30 jobs, retain 183 jobs and spur $18.3 million in…

EDA: $2 Million Invested to Support Workforce Development in Kannapolis, NC

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Rowan-Cabarrus Community College of Kannapolis, North Carolina, to construct a new Advanced Technology Center (ATC) to serve regional industrial workforce demands for higher-skilled jobs. According to grantee estimates, the project is expected to…