Economic Development

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…

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…