Economic Development

EDA: $738,100 Invested to Support Manufacturing in Indiana

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $738,100 grant to the Flagship Enterprise Center of Anderson, Indiana, to expand the Flagship Manufacturing Center and provide a boon to businesses in the region. According to grantee estimates, the project is expected to create or retain more than 125 jobs and…

EDA: $600,000 Invested to Help Small Businesses in the Houston-Galveston Area in Wake of Hurricane Harvey

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to Hidden Star Resources to help fuel new development and provide support to existing small businesses recovering from the effects of Hurricane Harvey. “We commend Hidden Star Resources for their efforts to provide support to small businesses after the destruction…

SBA: Disaster Assistance Available for Residents of North Carolina Affected by Hurricane Florence

SBA Administrator Linda McMahon issued the following statement after the announcement of the Presidential disaster declaration for several counties in North Carolina affected by Hurricane Florence beginning Sept. 7, 2018 and continuing: “The U.S. Small Business Administration is strongly committed to providing North Carolina residents with the most effective response possible to assist businesses, homeowners…

SBA: Business Recovery Center Opened in Greenville, North Carolina

The U.S. Small Business Administration (SBA) announced the opening of a Business Recovery Center (BRC) in Greenville, North Carolina on Sept. 18, to help businesses impacted by Hurricane Florence. SBA representatives at the Center can provide information about disaster loans, answer questions and assist businesses in completing the SBA application.  The Center is located as…

EDA: $750,000 Invested to Build a Business Incubator in Hinesville, GA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $750,000 grant to the City of Hinesville Development Authority of Hinesville, Georgia, to help construct a business incubator, supporting the community’s growth and development. “We commend the City of Hinesville for creating new opportunities for the community to grow and thrive,” said…

EDA: $616,758 Invested to Support Entrepreneurs and Small Businesses in Bedford County, PA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $616,758 grant to the Bedford County Chamber Foundation of Alum Bank, Pennsylvania, to renovate and repurpose a historic building to serve entrepreneurs, businesses, non-profits, and students from the region. According to grantee estimates, the project is expected to create 30 new jobs….

EDA: $500,000 Invested to Make Critical Infrastructure Improvements to Support Manufacturing in Tennessee

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to the Town of Huntland, Tennessee, to support construction of a municipal sewage system that will allow a local manufacturer to expand operations and will help to attract new businesses to the region. According to grantee estimates, the project is…

EDA: $13 Million Invested to Support Manufacturers Damaged by Imports

Today, U.S. Secretary of Commerce Wilbur Ross announced $13 million in Economic Development Administration (EDA) grants will be issued to support 11 Trade Adjustment Assistance Centers (TAACs) that help American manufacturers hurt by imports adjust to increasing global competition. The TAACs are located in California, Colorado, Georgia, Illinois, Massachussetts, Michigan, Missouri, New York, Pennsylvania, Texas,…

EDA: $600,000 Invested to Boost Growth of the Marine Science and Technology Section in Southeastern Massachusetts

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the University of Massachusetts Dartmouth to support the development of a formal Massachusetts Science and Technology Cluster Alliance where relevant regional institutions, businesses, and academia will work collaboratively to support the marine science and technology sector in Southeastern Massachusetts….

EDA: $592,357 Invested to Support International Trade Efforts in Arkansas

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $592,357 grant to the University of Arkansas’ World Trade Center Arkansas in Fayetteville, to promote the expansion of exports as well as job growth and retention in 57 Arkansas counties affected by natural disasters. According to grantee estimates, the project is expected…