Economic Development

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…

EDA: U.S. Department of Commerce Announces Eleventh Americas Competitiveness Exchange

Senior Officials from Across the Globe Visit Puerto Rico’s Innovation and Entrepreneurship Hubs From May 18-25, the U.S. Department of Commerce’s Economic Development Administration (EDA) and International Trade Administration (ITA), in coordination with the U.S. Department of State and the Organization of American States (OAS), will participate in the Eleventh Americas Competitiveness Exchange (ACE) on…

HUD: $1.5 Billion Awarded to Support Seven States in Their Recovery from 2018 Disasters

Disaster recovery funds to repair damaged housing, businesses and infrastructure  The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $1.5 billion to support seven states in their recovery from major disasters that occurred last year, including Hurricane Michael, Hurricane Florence and devastating wildfires in California. These funds are provided through HUD’s Community Development…

SBA: Certification Rule Proposed for Women-Owned Small Businesses

Seeking Comments by July 15 Today, the U.S. Small Business Administration published a proposed rule that will provide a free online application process for women-owned small businesses to be certified and eligible to participate in the SBA’s Women-Owned Small Business Program or access contracts as a Women-Owned Small Business (WOSB) or Economically Disadvantaged Women-Owned Small…

SBA: World Trade Month Kicks Off with Go Global Webinar Series

As part of World Trade Month, the U.S. Small Business Administration, along with several other federal agencies, will conduct  a four-part webinar series entitled, “Go Global” starting May 9th.  This online program aims to help participants gain valuable insights on strategies for international sales success. Presenting agencies in the webinar series include the U.S. Small Business Administration,…

EDA: Investment Made in Business Incubator and Workforce Training Facility in North Charleston, SC

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing in Homes of Hope Inc. to renovate an existing building in North Charleston, South Carolina, to serve as a business incubator and training facility. The investment will be matched by $2 million in local funds and is expected…

EDA: Investment Made to Boost Tourism-related Business Development in West Virginia

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it is investing in the Hatfield McCoy Regional Recreation Authority of Man, West Virginia, to help expand the Hatfield McCoy Trail System. The investment will be matched with $452,228 in local funds and is expected to help create 75 jobs and generate $5…