EDA: $1.25 Million Invested to Expand Missouri State University Business Incubator
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.25 million grant to Missouri State University, Springfield, Missouri, to expand its business incubator located in the Robert W. Plaster Free Enterprise Center. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be…
EDA: $1.46 Million Invested to Establish Advance Carbon Products Innovation Center in Campbell County, WY
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.46 million grant to the Campbell County Economic Development Corporation of Gillette, Wyoming, to help build an Advanced Carbon Products Innovation Center that will spur new business growth in the Powder River Basin region. This EDA grant…
EDA: $633,355 Grant Awarded to Support Regional Life Sciences Innovation Cluster in Philadelphia, PA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $633,555 grant to the Ben Franklin Technology Partners of Philadelphia, Pennsylvania, to support the development of a new life sciences regional innovation cluster. This EDA grant, to be matched with $646,712 in local funds, is expected to create 35 jobs. “President Trump…
EDA: $880,000 Invested to Establish a Center for Cyber Security Workforce Training at Rose State College
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $880,000 grant to Rose State College of Midwest City, Oklahoma, to help build a cyber security center that will assist in satisfying industry demand for trained workers. The grant, to be matched with $3 million in local investment, is expected to create…
EDA: $587 Million Available to Aid Communities Impacted by Natural Disasters
U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) has published the Fiscal Year 2019 (FY2019) Disaster Supplemental Notice of Funding Opportunity (NOFO) making $587 million available to eligible grantees in communities impacted by Presidentially declared natural disasters in 2018, and floods and tornadoes in 2019. “The Trump Administration…
EDA: $3.38 Million Invested to Improved Infrastructure at the Lafayette Regional Airport
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 Lafayette Airport Commission in Louisiana, to help construct and rehabilitate parking facilities at the Lafayette Regional Airport. The grant, to be matched with $3.38 million in local investment, is expected to help…
EDA: $986,000 Investment Made to Establish Kitchen Incubator and Business Accelerator in Millersburg, KY
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $986,000 grant to Community Ventures Corporation to convert the first floor of McIntyre/Rankin Hall located on the former Millersburg Military Institute property into a full-service kitchen incubator and business accelerator. The grant, to be matched with $766,615 in local investment, is expected…
HUD: FHA to Promote Greater Residential and Commercial Development in Opportunity Zones
To stimulate greater multifamily residential and commercial development in Opportunity Zones, U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced the Federal Housing Administration (FHA) will insure mortgages on mixed-use development under the agency’s Section 220 Program in thousands of lower income communities across the country. In a speech before an Opportunity Zone…
EDA: $962,000 Invested to Make Critical Water Infrastructure Improvements in Doddridge County, WV
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $962,000 grant to the Doddridge County Public Service District to provide water service at a 50-acre commercial site located out of the floodplain in Doddridge County, West Virginia. The EDA grant, to be matched with $962,000 in local investment, is expected to…