SBA: Two Federal Advisory Committees Announced to Accelerate American Innovation and Access to Capital to Small Businesses and Startups
Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses and startups in President Biden’s Cabinet, announced the establishment of two new federal advisory committees, the Invention, Innovation, and Entrepreneurship Advisory Committee (IIEAC) and the Investment Capital Advisory Committee (ICAC), to accelerate support for startups driving critical innovation across…
EDA: $2.3 Million Invested for Infrastructure Upgrades to Support Manufacturing in Jaffrey, NH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the town of Jaffrey, New Hampshire, to boost the local manufacturing sector by building a water treatment plant and transmission lines as part of the Cold Springs Water System project. This project…
EDA: $3.9 Million Invested to Support Carbon Manufacturing Industry in Pineville, WV
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.9 million grant to the Wyoming County Economic Development Authority, Pineville, West Virginia, to construct three buildings needed to support manufacturing in the Barkers Creek Industrial Park. This project will support a new industry in carbon…
EDA: $2.1 Million Invested to Support Manufacturing Expansion in Okmulgee, OK
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the Okmulgee Area Development Corporation, Okmulgee, Oklahoma, for road, utility and drainage infrastructure needed to complete the Okmulgee Business Complex. This project will help redevelop a brownfield site to attract manufacturing businesses…
EDA: $2 Million Invested to Bolster Healthcare Training at the University of Arkansas Community College at Morrilton
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the University of Arkansas Community College at Morrilton (UACCM), Morrilton, Arkansas, to build a new Allied Health and Science Center. This project will consolidate the school’s health professional training programs into one…
EDA: $1.5 Million Invested for Industrial Park Development to Support Business Growth in Weslaco, TX
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the Weslaco Economic Development Corporation, Weslaco, Texas, to provide critical infrastructure in support of the new Mid Valley International Industrial Park. This project will support commercial, industrial, cold storage, and warehousing businesses…
EDA: $46 Million in American Rescue Plan Funds Invested Last Week
Last week, the following grants were made under the American Rescue Plan Funds program and the CARES Act Recovery Assistance program: July 27, 2022 – U.S. Department of Commerce Invests $3.3 Million in American Rescue Plan Funds for Infrastructure Upgrades to Support Business and Job Growth in Douglas, Massachusetts July 27, 2022 – U.S. Department of Commerce…
EDA: $3 Million Invested to Boost Entrepreneurial Growth in Marion, IL
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Watermark Auto Group Foundation, Marion, Illinois, to renovate the historic Citadel building to house the Entrepreneurial and Technical Opportunities (EThOs) business incubator. This grant will provide a 21,000-square-foot facility for small business…
EDA: $5.5 Million Invested to Support Transportation Infrastructure Improvements in American Canyon, CA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.5 million grant to the city of American Canyon, California, to improve transportation infrastructure in the Green Island Industrial District (GRID). This grant is funded by the American Rescue Plan. This project will recondition and expand…
EDA: $2.1 Million Invested to Expand Industrial Park in Batesville, AR
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the city of Batesville, Arkansas, to make critical infrastructure at the city’s industrial park. This grant will construct roads, water, and sewer infrastructure to support expansion and business development at the industrial…