EDA: $2.5 Million Invested to Protect Businesses from Flooding in Dubuque, IA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the city of Dubuque, Iowa, to help protect local businesses from flooding by replacing existing flood gates and pumps. According to grantee estimates, the project is expected to create 152 jobs, retain 436…
EDA: $2 Million Invested to Repurpose an Existing Commercial Facility to Support Growing Industries in West Frankfort, IL
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 West Frankfort, Illinois, to repurpose the West Frankfort Mall to serve growing industries. According to grantee estimates, the project is expected to create 218 jobs, retain 208 and generate $1.5…
EDA: $1.5 Million Invested to Make Critical Water Infrastructure Improvements Needed to Support Business Expansion in Durant, OK
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Durant, Oklahoma, to make critical water infrastructure improvements needed to support business expansion in the region. The investment will bring new growth to a Tax Cuts and Jobs Act-designated Opportunity…
EDA: $2.6 Million Invested to Protect Businesses from Natural Disasters in Viroqua, WI
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to the city of Viroqua, Wisconsin, to update critical water infrastructure needed to protect local businesses from flooding. According to grantee estimates, the project is expected to create or retain 61 jobs and spur…
EDA: $1.1 Million Invested to Modernize Workforce Training Facilities at Pine Technical College in Minnesota
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to Pine Technical College of Pine City, Minnesota, to support their workforce training center modernization, upgrade and expansion project. “The Trump Administration is committed to supporting opportunities for technical training and manufacturing as a…
SBA: National SBIR Road Tour Announced to Engage Small Businesses Working on High-Tech, High-Impact Ideas
The U.S. Small Business Administration (SBA) today announced it will launch a 16-stop road tour connecting entrepreneurs working on advanced technology to the country’s largest source of early stage funding – the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Also known as America’s Seed Fund, the SBIR/STTR programs focus on…
CDFI Fund: Update to NMTC Certification, Compliance Monitoring and Evaluation FAQs
The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Frequently Asked Questions (FAQ) document for New Markets Tax Credit Program (NMTC Program) compliance on its website. This document supersedes the May 2017 publication of the FAQ document by adding, revising, or updating select questions from the earlier edition. Updates include: Information on how allocation…
EDA: $4.3 Million Invested to Protect Businesses from Flooding in Arcadia, WI
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.3 million grant to the city of Arcadia, Wisconsin, to prevent flooding in commercial areas by improving storm water management infrastructure. According to grantee estimates, the project is expected to retain 105 jobs and generate $4 million…
EDA: $1.1 Million Invested to Support Disaster Recovery Efforts in Houston, TX
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to TruFund Financial Services, Inc. to develop a technical assistance program that will support entrepreneurial business development opportunities for small and minority-women owned business operating in Hurricane Harvey-impacted Houston, Texas, region. “President Trump champions…
EDA: $3.7 Million Invested for Disaster Recovery and Resiliency Infrastructure Upgrades in South Carolina
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $3.7 million in grants to the state of South Carolina to make critical infrastructure upgrades needed to help the state respond to recent natural disasters. “The Trump Administration has repeatedly emphasized the need to upgrade America’s infrastructure,” said…