EDA: $676,426 Invested for Water Infrastructure Upgrades to Support Job Growth in Longwood, FL
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $676,426 grant to the city of Longwood, Florida, for water infrastructure improvements to spur private investment and create jobs in the region. This grant will support stormwater system improvements in the Florida Commerce Industrial Park, recently flooded by Hurricanes Ian and Nicole….
Census Bureau: New Annual Integrated Economic Survey Officially Launches
The U.S. Census Bureau has officially launched its newest survey — the Annual Integrated Economic Survey (AIES). On Friday, March 15, approximately 370,000 businesses began receiving notices to respond to the 2023 AIES. This new survey will provide key measures of economic activity, including the only comprehensive national and subnational data on business revenues, expenses and…
SBA: Economic Injury Disaster Loans Available for Washington Small Businesses
Small nonfarm businesses in 22 Washington counties and neighboring counties in Oregon are now eligible to apply for low‑interest federal disaster loans from the U.S. Small Business Administration, announced Francisco Sánchez Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration. These loans offset economic losses because of reduced revenues caused…
SBA: Registration Open for National Small Business Week Virtual Summit
Attendees Can Participate in Educational Workshops, Network, and Learn about Federal Resources to Help Them Succeed Today, the U.S. Small Business Administration (SBA) and SCORE, mentors to America’s small businesses and a resource partner of the SBA, announced that registration for the 2024 National Small Business Week Virtual Summit is now open. The two-day online event will take place…
EDA: $2.7 Million Invested for Roadway and Wastewater Improvements to Support Business Growth in Floyd, VA
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 Economic Development Authority of Floyd County, Virginia, for roadway and wastewater infrastructure improvements to support business growth. This grant will provide the infrastructure needed to support Phase 2 development of the Floyd Regional…
EDA: $2 Million Invested to Support Business Development and Job Growth in Newport, AR
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Newport, Arkansas, to support business growth and job creation in the region. This grant will support a building renovation project to create 14,500 square feet of new office space. This EDA…
EDA: $5 Million Invested to Support Reconstruction of the Jonesboro Municipal Airport Terminal in Arkansas
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to the city of Jonesboro, Arkansas, for airport infrastructure improvements to support job creation and economic development in the region. This grant will support construction of a new terminal at the Jonesboro Municipal Airport, replacing…
EDA: $2 Million Invested to Support Business Growth in Lubbock, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Lubbock Reese Redevelopment Authority in Lubbock, Texas, for infrastructure improvements to support future business growth in a new business park. This grant will support construction of a new business park with an emphasis…
SBA: Statutory Increases Announced for Surety Bond Guarantee Program
Change Will Give Small Businesses Access to Projects up to $9 Million and Federal Contracts up to $14 Million 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 for the first time since 2013, the SBA is increasing the…
CDFI Fund: CDFI Bond Guarantee Program Application Period for FY 2024 Now Open
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2024 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is available for Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2024. Through the CDFI…