Economic Development

SBA: Nation’s Top Small Businesses Honored by SBA Administrator

Winners to be formally recognized in Washington, D.C. on May 5-6 WToday, Administrator Linda McMahon, the head of the U.S. Small Business Administration, announced the 2019 Small Business Persons of the Year winners from the 50 states, the District of Columbia, Puerto Rico, and Guam. Each of the winners have been invited to attend ceremonies in Washington,…

EDA: $7.25 Million Invested in Texas to Support Disaster Recovery and Entrepreneurial Growth Efforts

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $7.25 million in grants to the state of Texas to help the communities of Rockport and Lubbock respond to 2017 disasters and to support entrepreneurial growth efforts in Amarillo. “President Trump has committed to supporting Texas and helping…

EDA: $1 Million Invested to Expand Broadband Service in South Bend, IN

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to St. Joseph County, Indiana, to expand high-speed broadband infrastructure at the Indiana Enterprise Center (IEC). According to grantee estimates, the project is expected to create 230 jobs and spur $710 million in private…

HUD: Second Invitation Issued for Public Housing Agencies to Join “Moving to Work” Demonstration Program

MTW allows greater flexibility to improve housing choice and self-sufficiency The U.S. Department of Housing and Urban Development (HUD) is inviting a second round of public housing agencies to join the Department’s expanding Moving to Work (MTW) demonstration program. Today’s invitation follows a similar notice last October seeking the first cohort under the MTW expansion. MTW allows…

SBA: National Small Business Week Announced

Today, the head of the U.S. Small Business Administration, Administrator Linda McMahonannounced that this year’s National Small Business Week will be held from May 5-11, 2019. Administrator McMahon will start the week in Washington, D.C., where she will recognize and award outstanding small business owners and SBA Resource Partners from around the nation. She will continue the…

EDA: $27 Million Invested to Expand and Improve Airports in the U.S. Virgin Islands

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $27 million in grants to the Virgin Islands Port Authority of St. Thomas, U.S.V.I., to expand and improve two major airports in the wake of Hurricanes Irma and Maria. According to grantee estimates, the projects are expected to…

SBA: Emerging Leaders Initiative to Help Growing Entrepreneurs Opens 2019 Recruitment

The U.S. Small Business Administration (SBA) announced the launch of the 2019 Emerging Leaders Initiative for executives of small businesses poised for growth in emerging markets.  Local area recruitment for the 2019 training cycle is currently ongoing at designated SBA District Offices.  Interested  small business owners can learn more regarding eligibility, how to apply, class…

HUD: $10.6 Million in Jobs Plus Grants Awarded to Help Low-Income Public Housing Residents Secure Higher Paying Jobs

Jobs Plus grants to help families achieve financial self-sufficiency To help low-income public housing residents increase their income and move toward self-sufficiency, the U.S. Department of Housing and Urban Development (HUD) today awarded $10.6 million to four Public Housing Authorities (PHAs). HUD’s Jobs Plus Initiative connects public housing residents with employment, education and financial empowerment services—a…