EDA: $7.5 Million Invested to Help Establish the Tampa Bay Innovation Center Incubator
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.5 million grant to the Pinellas County Board of Supervisors of Clearwater, Florida, to help build the Tampa Bay Innovation Center Incubator, a 45,000 square foot state-of-the-art business facility. The project, to be located in a Tax Cuts…
EDA: $2 Million Invested to Grow Manufacturing Sector in Lavonia, GA
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 city of Lavonia, Georgia, to make critical wastewater infrastructure improvements needed to support development of the Gateway Industrial Park. This grant will be matched with $2.6 million in local investment, and is…
EDA: Investment Made to Help Build New Technical Educational Building in Estill County, KY Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the Estill County Board of Education in Irvine, Kentucky, to help build an Area Technology Center (ATC) educational building. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be…
SBA: Interim Rule Issued to Adjust Size Standards to Expand Lending & Contracting Opportunities
Deadline to comment on interim final rule is Sept. 16, 2019 The U.S. Small Business Administration recently issued an interim final rule that will adjust monetary-based small business size standards for inflation to allow more small businesses to become eligible for the SBA’s loan and contracting programs. The interim final rule was published in the Federal Register on July…
EDA: $23 Million Investment Made to Fuel High-Growth Entrepreneurship Across America
U.S. Secretary of Commerce Wilbur Ross today announced that 44 organizations — including nonprofits, institutions of higher education, and entrepreneurship-focused organizations — from 28 states and two territories will receive grants totaling $23 million to create and expand high-growth entrepreneurship and increase access to capital for communities across America. The grants are made annually under…
EDA: Investment Made to Help Establish Welding Technology Training Facility in Tallahassee, FL Opportunity Zone
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 Tallahassee Community College of Tallahassee, Florida, to help establish the Welding Technologies Laboratory at the Kim B. Williams Advanced Manufacturing Training Center. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity…
EDA: Investment Made to Boost Capacity and Enhance Resiliency at the Port of Panama City
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $10 million grant to the Panama City Port Authority of Panama City, Florida, to help build a new biomass bulk storage facility at the Port of Panama City. The project, to be matched with $3.2 million in…
EDA: $1 Million Invested to Boost Industrial Capacity in Darlington, WI
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the city of Darlington, Wisconsin, to make critical infrastructure improvements needed to expand an existing industrial park. This EDA grant will be matched with $1 million in local investment, and is expected to…
EDA: Investment Made to Help Establish Training Center for Maintenance Technology Programs at Pensacola International Airport
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $12.25 million grant to the city of Pensacola, Florida, to make critical infrastructure improvements needed to establish a maintenance training facility at Pensacola International Airport. The EDA grant, to be matched with more than $36 million in…
EDA: Investment in Hurricane Harvey Disaster Recovery Made in Anahuac, TX Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to the city of Anahuac, Texas, to protect businesses from future floods by rebuilding a wastewater treatment plant that was severely damaged by Hurricane Harvey in 2017. The investment, to be located in a Tax…