Economic Development

EDA: $1.3 Million Invested to Support Aviation Workforce Development and Business Growth in Seminole, OK

 Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Seminole, Oklahoma, to support aviation industry workforce development and business growth. This grant will construct an Aviation Education Center as well as transportation and parking facilities at the Seminole Airport Industrial…

SBA: Funding Awards Announced for Three Organizations to Provide Women Veteran Entrepreneurship Training Programs

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 $300,000 in funding for three organizations to deliver the SBA’s Women Veteran Entrepreneurship Training Program (WVETP) to local veterans. “The Biden-Harris Administration is committed to honoring the service of the…

EDA: $3.4 Million Invested for Building Renovations to Support Job Creation and Business Development in Charleston, WV

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.4 million grant to Advantage Valley, Inc., for renovations to the former Vossloh Track Building. This grant will support job creation and private investment by attracting new businesses to the region. This EDA investment will be matched with…

EDA: $3.1 Million Invested for Water Infrastructure Improvements in Lancaster, SC

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to the city of Lancaster, South Carolina, for water infrastructure improvements.  This grant will provide increased water and sewer access to local businesses and first responders in downtown Lancaster. This EDA investment will be matched…

EDA: $3 Million Invested for Irrigation Infrastructure Improvements in Jemez Pueblo, MN

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Pueblo of Jemez in Jemez Pueblo, New Mexico, for irrigation infrastructure improvements on Tribal land.  This grant will expand water supplies for the local farming community and food vendors following a series of…

EDA: $2.2 Million Invested for High-Speed Internet Access on Tribal Land in Louisiana

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to the Coushatta Tribe of Louisiana in Elton, Louisiana, to construct fiber optic cable on Tribal land in both Allen and Jefferson Parish. This grant will construct fiber optic cable along U.S. 165, bringing high-speed…

EDA: $600,000 Invested to Bolster Business Growth in Tulare, CA

 Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the city of Tulare, California, to make building renovations to accommodate new business growth and startup expansion.  This grant will support the creation of a fabrication facility which will house 3D printers, laser cutters, and other equipment small businesses…

SBA: New Rule Announced to Increase Economic Opportunity for Returning Citizens

New SBA Rule Will Make it Easier for Returning Citizens to Start and Run a Business, Creating Economic Opportunity and Reducing Recidivism Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced that the Biden-Harris Administration has finalized a new rule…

ABA: Foundation Accepting Submissions for 12th Annual Community Commitment Awards

Today, the American Bankers Association Foundation announced it is now accepting submissions for its 12th annual Community Commitment Awards. The Foundation is encouraging banks of all sizes to enter their most successful community initiatives for the awards, ABA’s highest honors for extraordinary community engagement. The CCAs recognize innovative, high-impact bank programs that improve the quality of…

EDA: $9.6 Million Invested for Water Infrastructure Improvements to Support Job Creation in Anderson County, SC

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $9.6 million grant to Anderson County, South Carolina, to support job creation and private investment in the region.  This grant will provide for water infrastructure improvements to support commercial and industrial businesses in Anderson County. This EDA investment…