EDA: $32 Million Invested to Help Florida Businesses and Communities Rebuild in Wake of Hurricane Irma
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $32 million grant to the Florida Department of Economic Opportunity to fund the state’s Revolving Loan Fund (RLF) program, which, in turn will help businesses rebuild following the destruction caused Hurricane Irma. “The Trump Administration has always…
EDA: $2 Million Invested to Build Workforce Training Facility in Sylva, NC
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Jackson County, North Carolina, to help build a new workforce training facility. According to grantee estimates, the project is expected to create 236 jobs, retain 127 jobs, and generate $1.25 million in private…
EDA: $1.5 Million Invested to Create and Retain More than 1,500 Jobs and Spur $57 Million in Private Investment in Baldwyn, MS
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 Baldwyn, Mississippi, to support the local business community by upgrading the critical natural gas transmission system of the city. According to grantee estimates, the project is expected to create 425…
SBA: Decrease in Surety Bond Guarantee Fees Announced
The U.S. Small Business Administration announces the first fee decrease in Surety Bond Guarantees in 12 years. The fee decrease will be in effect for guaranteed bonds approved during fiscal year 2019, taking effect October 1, 2018 and ending September 30, 2019. The Surety Bond Guarantee (SBG) program is reducing the Surety fee from 26…
EDA: $5.58 Million Invested to Support Technical Assistance and Long-Term Disaster Recovery Planning in San Juan, Puerto Rico
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.58 million grant to the Foundation for Puerto Rico to support recovery efforts for towns and cities which were devastated by Hurricanes Irma and Maria. According to grantee estimates, the project is expected to create 24 jobs,…
SBA: Grants Awarded to 24 State and Local Economic Development Entities, SBTDCs and Universities
The U.S. Small Business Administration (SBA) has granted 24 awards for $125,000 in FY 2018 under the Federal and State Technology (FAST) Partnership Program. Recipients include state and local economic development entities, Small Business Technology Development Centers, Women’s Business Centers, incubators, accelerators, colleges, and universities that provide support to small businesses developing and commercializing high…
SBA: Veterans Small Business Advisory Committees to Host Public Meetings on September 5th and 6th
The U.S. Small Business Administration’s Interagency Task Force on Veterans Small Business Development (IATF) and Advisory Committee on Veterans Business Affairs (ACVBA) will hold quarterly public meetings on September 5 and 6 respectively at SBA headquarters in Washington, D.C. The IATF meeting will be held Wednesday, September 5, from 1 to 4 p.m. The ACVBA…
EDA: $3 Million Invested to Build Unmanned Aerial Systems Training and Innovation Facility in New Jersey
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the County of Cape May to help build a 20,000 square foot multi-tenant building that will fulfill the needs of companies in the Unmanned Aerial Systems (UAS) industry. The facility will be located…
EDA: $2.9 Million Invested to Support Disaster Recovery in Georgia
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $2.9 million in grants to the state of Georgia to make critical infrastructure improvements needed to support local disaster recovery efforts. According to grantee estimates, the projects are expected to spur more than $70 million in private investment….