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…
EDA: $1.2 Million Invested for Road Infrastructure Improvements to Support Business Expansion in Wynne, AR
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Wynne, Arkansas, for roadway infrastructure improvements needed to support business expansion in the region. This grant will construct a new road to alleviate traffic congestion, helping the community rebuild following natural…
SBA: Working Capital Loan Pilot Program Launched
Pilot Program Expands Small Businesses’ Access to Credit Lines That Create Jobs, Spur Sales and Growth 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 the 7(a) Working Capital Pilot (WCP) Program. The WCP offers a newly structured…
EDA: $6.6 Million Invested for Water Infrastructure Improvements to Support Job Growth in Halifax County, VA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $6.6 million grant to Halifax County, Virginia, for water infrastructure improvements needed to support job growth and economic development. This grant will provide increased water service to the Virginia Motorsport Technology Park, creating jobs and opportunities in the…
EDA: $1.5 Million Invested to Strengthen the Healthcare Workforce at White Earth Reservation in Minnesota
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 White Earth Tribal and Community College in Mahnomen, Minnesota, to support healthcare workforce development. This grant will provide mobile medical training units and related equipment to help nursing students prepare for good-paying, in-demand…
SBA: New Actions and Resources Announced to Advance Clean Energy Economy
SBA Removes Cap on Loans for Clean Energy Projects 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 agency has removed its 504 Loan Program’s cap on lending for clean energy projects as part of broader…