EDA: Investment Made to Help Bring Broadband Coverage to Cattaraugus Territory Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it is investing to help the Seneca Nation of Indians plan for and install broadband fiber throughout the Cattaraugus Territory in western New York. This investment will support a Tax Cuts and Jobs Act designated Opportunity Zone. “President Trump is committed to helping…
SBA: Office of Surety Guarantees Award Winners Recognized
The U.S. Small Business Administration (SBA) recognizes the Office of Surety Guarantees award winners for their continued work to help small contracting businesses acquire surety bonds. Three SBA surety bond partners were selected to receive awards based on their participation, activity, claims and recovery, and their commitment to helping small businesses obtain contracts with both…
SBA: President Trump Proclaims National Small Business Week May 5-11
Today, National Small Business Week celebrations commence in the nation’s capital with a two-day award ceremony at the U.S. Institute of Peace where more than 75 national award winners from across the country and U.S. territories are gathered to be recognized for their major accomplishments. The two-day award ceremony will conclude Monday, May 6 with the announcement…
SBA: Funding Opportunity Announced through the State Trade Expansion Program
The U.S. Small Business Administration (SBA) announces the opening of the submission period for a funding opportunity through the State Trade Expansion Program (STEP). The purpose of the grant opportunity is to invite proposals for funding from eligible state entities interested in, and capable of providing assistance, guidance and tools to qualified small businesses looking to engage in export-related…
ABA: Ohio Small Business Wins SBA’s 2019 Exporter of the Year Award
EarthQuaker Devices has been named 2019 Small Business Exporter of the Year by the U.S. Small Business Administration (SBA). The Akron, Ohio-based company will be officially recognized during National Small Business Week, an annual event honoring the accomplishments and contributions of the best small businesses in the nation. The award will be presented to EarthQuaker Devices’ Founder/President Jamie…
ABA: Banks Urged to Submit Nominations for ABA Foundation’s Community Commitment Awards
Deadline for entries is July 12 WASHINGTON — Starting today, the American Bankers Association Foundation urges banks across the nation to submit nominations for its sixth annual Community Commitment Awards. The awards, one of the industry’s top honors for extraordinary bank commitment to communities, recognizes innovative, high-impact programs that improve the quality of life for the…
SBA: Colorado Enterprise Fund Wins SBA’s 2019 Jody C. Raskind Lender Award
Colorado Enterprise Fund (CEF), a Colorado-based SBA 504 CDC Lender, Community Advantage Lender and Microloan Intermediary, has been selected as this year’s Jody C. Raskind Award recipient. This recognition is presented annually by the U.S. Small Business Administration to a mission-focused lender that has distinguished itself in helping small businesses start, grow and expand. The award will…
EDA: Investment Made to Support Business Development at Blue Lake Rancheria in California
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing in a business incubator that will facilitate $3.15 million in private investment and create at least 34 new jobs at Blue Lake Rancheria in California. “The Trump Administration is continuing to work diligently to help rebuild communities devastated…
EDA: $1.6 Million Invested to Protect Manufacturers from Future Flood Events in Harrison, AK
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 city of Harrison, Arkansas, to limit the impact of future flood events on local manufacturing facilities by widening Goblin Drive. According to grantee estimates, the project is expected to create 150 jobs,…
EDA: $1.6 Million Invested to Support Critical Infrastructure Improvements in Brunson, SC
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 Lowcountry Regional Water System in South Carolina, to help rehabilitate the Town of Brunson’s sewer system. The grant will be matched with $726,000 in local funds. “Antiquated infrastructure has stunted economic growth in…