EDA: $544,000 Invested to Bolster Small Manufacturing and Technology Sectors in Larimer County, CO
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $544,000 grant to the Warehouse Business Accelerator in Loveland, Colorado, to bolster the small manufacturing and technology sectors in Larimer County. This grant will provide additional funding opportunities for local entrepreneurs, improving economic diversification in an area impacted by recent wildfire activity. …
SBA: New Report Shows Consequential Impacts of SBA Pandemic Relief
Pandemic Relief Prevented Business Closures, Protected Jobs, and Led to Job Creation Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 34 million small businesses, issued the following statement on a new report highlighting the positive impact of SBA pandemic relief programs – including the Paycheck…
EDA: Additional $210 Million in Tech Hub Grants Awarded
Additional funding for the Tech Hubs program was made possible through the bipartisan FY25 NDAA passed by Congress and signed into law by President Biden The U.S. Department of Commerce’s Economic Development Administration (EDA) announced today that it plans to award approximately $210 million in implementation grants, ranging between approximately $22 million and $48 million,…
EDA: $25 Million Awarded in Latest Installment of Good Jobs Challenge Funding to Strengthen Workforce Training Programs Across the Nation
New awards expand program that has trained and placed more than 12,000 American workers into good jobs Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $25 million in Good Jobs Challenge program funding to eight grantees to support high-quality, locally-led workforce training programs that create a pathway for workers…
SBA: Lending Network Strengthened with New Public-Private Partnerships Supporting Underserved Communities
Four New Small Business Lending Companies Authorized to Support America’s Entrepreneurs in Underserved Communities Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s more than 34 million small businesses in President Biden’s Cabinet, announced that the SBA has granted Small Business Lending Company (SBLC) licenses to four lending institutions committed…
EDA: $5.5 Million Invested to Support the Agriculture Industry and Provide Electrical Infrastructure Improvements in Kansas
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $5.5 million in the state of Kansas to support the agriculture industry and make electrical infrastructure improvements needed to bolster economic opportunity in the region. The EDA investments announced today are: “The Biden-Harris Administration’s Investing in America Agenda is…
EDA: $4.1 Million Invested for Wastewater Infrastructure Improvements Needed to Support Job Creation in Neah Bay, WA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.1 million grant to the Makah Indian Tribe of the Makah Indian Reservation in Neah Bay, Washington, for wastewater infrastructure improvements to support job creation. This grant will provide for the construction of a new climate-resilient wastewater collection…
EDA: $1.3 Million Invested to Boost Healthcare Workforce Development in Grand Forks, ND
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 University of North Dakota in Grand Forks, to support healthcare workforce development. This grant will provide for the procurement of a van and related equipment to allow the University to expand its medical…
SBA: President Biden Signs Law to Deliver Funding to SBA to Reopen Its Disaster Loan Program and Support Recovery in Communities Across the Country
SBA can now confirm loan offers to over 21,000 qualified disaster loan applicants waiting for financial assistance to recover Today, President Joe Biden signed(Link is external) the American Relief Act, 2025(Link is external) into law, providing funding for the U.S. Small Business Administration’s Disaster Loan Program. With this funding, which required Congressional approval, the SBA can resume processing urgently needed…
SBA: Growth Accelerator Fund Competition to Accelerate Innovation-Driven Ecosystem Building Announced Offering Up to $9 Million in Awards
Entrepreneur Support Organizations Will Compete in Two Stages for $75,000 to $150,000; 2025 Application Opens Jan. 8, 2025 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 34 million small businesses and startups, announced the upcoming launch of the 2025 Growth Accelerator Fund Competition…