EDA: Investment Made to Support Small Business Growth and Resiliency in Redding, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced an $880,000 grant to Superior California Economic Development of Redding, California, to capitalize a Revolving Loan Fund (RLF) and to provide technical assistance to potential borrowers in disaster-impacted counties of Shasta, Trinity, Modoc, and Siskiyou. This EDA grant will be matched with $220,000 in…
EDA: Investment Made to Improve Aviation Museum, Boost Tourism in Monroe, LA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $450,000 grant to Friends of Chennault Aviation & Military Museum, Monroe, Louisiana, to boost tourism in the region by helping to construct an outdoor pavilion, park display and activity area that will aid the display of military aircraft. The grant will be…
EDA: Investment Made to Expand Critical Santa Fe College Business Incubator in Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.8 million grant to Santa Fe College, Gainesville, Florida, to help re-build and expand the Santa Fe College Center for Innovation and Economic Development (CIED) at the Blount Center. The project, to be located in a Tax…
EDA: Investment Made to Reconstruct Bridges and Ensure the Flow of Commerce in Independence County, AR
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $2.5 million in Independence County, Arkansas, to help ensure the continued flow of commerce throughout the region and especially during flood events, an investment to be matched with $625,000 in local funds. “Helping our communities advance their disaster…
CDFI Fund: $3.5 Billion Announced in New Market Tax Credits
Awards will Spur Economic and Community Development Nationwide Washington – The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $3.5 billion in New Markets Tax Credits today that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 73 Community Development Entities (CDEs) were…
EDA: Investment Made to Provide High-Speed Research Computing for Business Growth in South Dakota Opportunity Zone
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 Dakota State University in Madison, South Dakota, to help establish a high speed research network. The investment, located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $1.46…
EDA: Investment Made to Improve Critical Municipal Infrastructure in Oshkosh, WI
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $1.5 million to improve access to the multimodal trans-load terminal in Oshkosh, Wisconsin’s city-owned Southwest Industrial Park. The investment will be matched with $1.5 million in local funds and is expected to attract $5.2 million in private investment….
SBA: Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition Announced
Today, the U.S. Small Business Administration Acting Administrator Chris Pilkerton announced the launch of the Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition. The MaTCH Pilot Competition seeks to address the job skills and placement gaps faced by U.S. businesses by providing funding to create or expand programs with job-specific and soft skills training within existing makerspaces….
EDA: Investment Made to Support the Growth of Georgia’s Manufacturing Sector
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it is investing $960,000 in sewer infrastructure improvements needed to support the growth of manufacturing and other businesses in the town of Braselton, Georgia, an investment that will be matched with $240,000 in local funds. The project is expected to create 183 jobs…
EDA: U.S. Department of Commerce to Boost Manufacturing and Entrepreneurship Activity in Kearny, NJ Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is helping upgrade and improve Hackensack Avenue in Kearny, New Jersey, in support of the Kearny Point business center development. The investment will be matched by $1.3 million in local funds. The project is located in a Tax Cuts and…