SBA: Actions Taken to Safeguard Integrity of HUBZone Program
SBA Decertifies Firms Found to Have Misused Contracting Programs for Underserved Communities Today, U.S. Small Business Administration (SBA) announced continuing measures to root out abuse and fortify the integrity of the HUBZone program. Today’s announcement follows an SBA internal investigation resulting from improved processes and compliance controls that uncovered multiple firms misusing the HUBZone program. In response,…
EDA: $3 Million Invested to Support Manufacturing and Industrial Service Workforce Development Efforts in Scooba, MS
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to East Mississippi Community College in Scooba, Mississippi, to construct a new industrial training facility on campus. This grant will help prepare students for careers in the manufacturing and industrial service sectors, including electrical technology,…
EDA: $2 Million Invested to Support Business Expansion Efforts in Genesee County, MI
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Mundy Township, Michigan, for water, sewer, and road infrastructure upgrades in an industrial commercial corridor. This project will support existing manufacturing businesses, attract new private investment, and create jobs in healthcare, manufacturing, and technology…
EDA: $1.75 Million Invested to Expand Agribusiness Sector in Cass County, IN
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to Cass County, Indiana, for road infrastructure upgrades at the Cass County Agribusiness Park. This project will increase business operations and provide continued industrial growth in a region impacted by changes in the energy…
EDA: $1.4 Million Invested to Expand Job Training Programs for Cherokee Nation Tribal Members in Oklahoma
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to the Cherokee Nation in Tahlequah, Oklahoma, to provide expanded skilled employment training services to Tribal members. This grant will expand the Tribe’s building trade, lineman, and fiber technician training programs and will help Tribal…
EDA: $690,604 Invested for Infrastructure Improvements to Boost Business and Job Growth in Elizabethtown, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $690,604 grant to Elizabethtown, North Carolina, for infrastructure improvements needed to support business and job growth in the region. This grant will support development of the Elizabethtown Industrial Park and its new Live-Work-Play campus, in a region impacted by changes in the…
EDA: $4.5 Million Invested in STEM Workforce Training Efforts Across the Country
Latest Department of Commerce Investments Help Bolster STEM Workforces in Technology Innovation Sectors Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced the 11 recipients of the 2023 STEM Talent Challenge, a national competition overseen by the EDA that supports programs to train science, technology, engineering, and math (STEM) talent and fuel regional innovation…
SBA: Proposed Rule Empowers Returning Citizens to Start and Grow Businesses
Updated regulations would remove barriers to capital for entrepreneurs with certain types of justice involvement Today, the U.S. Small Business Administration (SBA) invited public comment on a proposed rule that would help expand access to SBA loan programs for people with certain criminal history records. These proposed reforms would open up entrepreneurship opportunities to the one in…
EDA: $31.1 Million Invested to Support Agricultural Production and Processing in Southwestern Washington
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 Port of Chehalis in Chehalis, Washington, to bolster agricultural production and processing in southwestern Washington. This grant will support the construction of a grain storage and rail transload facility at the port. This…
EDA: $4.4 Million Invested to Support Infrastructure Improvements in Madras, OR
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to the city of Madras, Oregon, to support infrastructure improvements designed to help revitalize the community’s downtown area for business expansion and growth. This grant will support stormwater infrastructure improvements, including the installation of more…