Economic Development

EDA: $1.5 Million Invested to Support Manufacturing Business Growth in Conway, AR

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Conway, Arkansas, to construct water and sewer infrastructure improvements. This grant will support manufacturing business growth at the Conway Industrial Park, improve fire flow to city residents, and support additional redevelopment…

EDA: $1.4 Million Invested to Support Industrial Park Development and Economic Resiliency in Kleberg County, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to Kleberg County, Texas, to boost industrial business growth in response to recent natural disasters. This grant will advance the development of a new industrial park and transportation hub. This EDA investment will be matched…

EDA: $790,000 Invested to Support Tribal Disaster Recovery and Resiliency in Perkins, OK

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $790,000 grant to the Iowa Tribe of Oklahoma in Perkins, Oklahoma, to help develop and implement disaster recovery and resiliency strategies. This grant will support the Iowa Tribe of Oklahoma and tribal partners across the state by providing technical assistance to establish…

EDA: $500,000 Invested to Support Entrepreneurship on Maryland’s Eastern Shore

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Eastern Shore Entrepreneurship Center in Easton, Maryland, to purchase, position, and equip two modular laboratories. This grant will support the F3 Tech Agbiotech Bioreactors and Lab Equipment project, which will include two large-capacity bioreactors and related lab equipment. This…

SBA: Over $1 Million Invested to Expand Support for Veteran Entrepreneurs

Organizations to Provide Critical Training and Counseling for Startups and Existing Small Businesses Today, the U.S. Small Business Administration (SBA) announced over $1 million in new funding to provide critical training and counseling to aspiring and existing veteran small business owners as a Veterans Business Outreach Center (VBOC).  The new funding opportunity will make awards of up to $400,000 to…

EDA: $3 Million Invested to Expand Workforce Training Opportunities in Pryor, OK

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to Oklahoma Ordnance Works Authority, Pryor, Oklahoma, to expand workforce training programs. This grant will support the construction of new classroom and laboratory space and the procurement of related equipment at the MidAmerica Center of…

EDA: $5.4 Million Invested to Support Workforce Development and Disaster Recovery in New Mexico

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $5.4 million in the state of New Mexico to support economic and workforce development following natural disasters in the state. The EDA investments announced today are: “President Biden is committed to ensuring all communities in New Mexico and across…

EDA: $2.7 Million Invested to Support Business Growth in Perryton, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the city of Perryton, Texas, to support business growth following natural disasters in the region.  This grant will create the Rebuild Perryton Incubator, converting an existing building into commercial space for local businesses impacted…

SBA: Extension of Moratorium Announced on 8(a) Eligibility Requirement for Small Disadvantaged Businesses

Bona Fide Place of Business Moratorium Extension Until Sept. 30, 2025, Will Increase the Opportunity for SDBs to Grow Their Businesses Today,  Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced that the moratorium on the 8(a) Business Development Program’s Bona…

SBA: $30 Million in Grant Funding Announced for New Women’s Business Centers

Under the Biden-Harris Administration, SBA Has Expanded WBCs to Over 150 Nationwide in All 50 States, Washington, D.C., and Puerto Rico Today,  Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced four funding opportunities for Women’s Business…