EDA: Investment Made to Support Workforce Development at Midwest Energy Research Consortium in Milwaukee, WI
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $835,592 to the Midwest Energy Research Consortium (M-WERC) of Milwaukee, Wisconsin, to support the expansion of workforce development training services offered by the organization. The grant, to be matched with $835,592 in local investment, is expected to create 250 jobs. “President Trump is…
EDA: Investment Made to Support Development on Unmanned Aerial System Test Range in Pendleton, OR
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 city of Pendleton, Oregon, to make infrastructure improvements at Eastern Oregon Regional Airport needed for the development of an Unmanned Aerial Systems (UAS) test range. “President Trump is working diligently to improve…
EDA: $1.6 Million Invested to Support Business Development in Swainsboro, GA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Emanuel County Development Authority of Swainsboro, Georgia, to make critical water and sewer system improvements needed to support business growth. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone,…
EDA: $1.8 Million Invested to Provide Critical Infrastructure in West Plaims, MS
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 West Plains, Missouri, to make critical infrastructure improvements needed to establish storm water detention basins that will protect the local business community from flooding. The grant, to be matched with…
EDA: $656,231 Invested to Make Critical Infrastructure Improvements to Serve Growing Industry in Grenada County, MS
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $656,231 grant to the Grenada County Board of Supervisors, Grenada, Mississippi, to make infrastructure improvements needed to help businesses expand within Grenada County’s Business and Technology Park. The EDA grant, to be matched with $256,492 in local investment, is expected to create…
SBA: America’s Small Businesses Invited to Tell Their Story
The U.S. Small Business Administration is now accepting nominations for its 2020 National Small Business Week Awards, including the annual Small Business Person of the Year. For more than 50 years, National Small Business Week has celebrated the inspiring achievements of America’s small businesses and the countless contributions they make to their local communities, and to…
EDA: $2 Million Invested to Help Improve Critical Commercial Roadway in Pulaski County, AR
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Pulaski County, Arkansas, to extend and improve Zeuber Road in support of future industrial development. The EDA grant, to be matched with more than $3 million in state and local investment, is expected…
EDA: $1.5 Million Invested to Establish a Business Center in East Montgomery County, TX
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 East Montgomery County Improvement District (EMCID) of New Caney, Texas, to construct an office building on its existing industrial park to facilitate job creation and retention. The EDA grant will be matched…
EDA: $4.4 Million Invested to Provide Critical Water Infrastructure and Business Development in East Palo Alto, CA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to the city of East Palo Alto, California, to make critical stormwater infrastructure improvements to prevent future flooding in the Ravenswood Redevelopment Area. The grant, to be located in a Tax Cuts and Jobs Act designated Opportunity…
CDFI Fund: CY 2019 Round of New Markets Tax Credit Program Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2019 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $3.5 billion in tax credit allocation authority available for the CY 2019 round….