Economic Development

SBA: Apply for SBA Workshops on Women’s Business Center Grants

Funding Available to Help Train Idaho’s Women Entrepreneurs WASHINGTON – The U.S. Small Business Administration (SBA) will conduct workshops next week to train organizations in Idaho on best practices regarding the Women’s Business Center (WBC) grant application process. The following are the dates and locations of the workshops: Monday, Feb. 11 at 2 p.m. PST…

EDA: $800,000 Invested to Support Disaster Recovery Efforts in Houston, TX

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to the International Economic Development Council (IEDC) of Washington, D.C., to support ongoing economic recovery needs in Texas in the wake of Hurricane Harvey. “We commend our partners at IEDC for helping to revitalize Houston’s economy following Hurricane Harvey,” said…

SBA: Deadline Extended for 2019 National Small Business Week Awards Nominations

Due to the federal government shutdown, the U.S. Small Business Administration has extended the deadline for the 2019 National Small Business Week Awards nominations.  Now, all nominations must be submitted no later than 3 p.m. EST, February 4, 2019. Since 1963, National Small Business Week has recognized the outstanding achievements of America’s small businesses for…

FEMA: Nearly $350 Million in Federal Grants and Loans Approved for California Wildfire Survivors

Over the two months since wildfires in two disparate regions of the state grew into deadly disasters of historic proportions, the Federal Emergency Management Agency (FEMA) and the U.S. Small Business Administration (SBA) have approved more than $347 million in grants and low-interest disaster loans to assist survivors in their recovery. The California Governor’s Office…

HUD: $29 Million Awarded to Promote Employment and Self-Sufficiency for Public Housing Residents

In an effort to help public housing residents become self-sufficient, the U.S. Department of Housing and Urban Development (HUD) today awarded $28 million in grants to public housing authorities and non-profit organizations across the nation to hire or retain service coordinators to help residents find jobs and educational opportunities. See list of grant funding by…

EDA: $666,000 Invested to Support Manufacturing Growth in New Hampshire

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $666,000 grant to the Winchester Economic Development Corporation of Winchester, New Hampshire, to help make roadway, sewer and water infrastructure improvements needed to establish a manufacturing-focused industrial park. According to grantee estimates, the project is expected to create 243 jobs and generate…

SBA: Upcoming Workshops on Applying for Women’s Business Center Grants

The U.S. Small Business Administration (SBA) will conduct workshops to train organizations in Idaho on best practices regarding the Women’s Business Center (WBC) grant application process. The dates and locations of the workshops will be held in mid-January with more information announced at a later date. “We know that when women get help in the…

CDFI Fund: Summary Report and Public Data for NMTC Program for FY 2003-2016 Released

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a Summary Report and data collected on New Markets Tax Credit (NMTC) investments across the nation through fiscal year (FY) 2016. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations to submit an annual…

SBA: Jihoon Kim Selected to Lead the Office of Financial Program Operations

Administrator Linda McMahon of the U.S. Small Business Administration (SBA) announced the selection of Jihoon Kim as the director for the SBA’s Office of Financial Program Operations (OFPO). In this role, Kim is responsible for overseeing SBA’s national lending operations, including 504 and 7(a) loan processing centers in Sacramento, Calif., and Hazard, Ky.; 504 and…