Economic Development

EDA: $3.5 Million Invested to Boost New Business Growth and Expansion Efforts in Louisiana

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is investing $3.5 million in the state of Louisiana to make critical infrastructure improvements needed to support current and future business needs. The EDA investments announced today are: Desoto Parish Police Jury, Mansfield, Louisiana, will receive $2 million grant…

EDA: Last Week, Over $25 Million in American Rescue Plan Funds Invested

Last week, the following grants were made under the American Rescue Plan Funds program and the CARES Act Recovery Assistance program: July 1, 2022 – U.S. Department of Commerce Invests $3.2 Million in American Rescue Plan Funds to Improve State Park Campgrounds and Boost Tourism in Dover, Delaware June 28, 2022 – U.S. Department of Commerce Invests…

HUD: Council on Foundations and HUD Announce Winners of 2022 Secretary’s Award for Public-Philanthropic Partnerships

This week, the U.S. Department of Housing and Urban Development (HUD) and the Council on Foundations (COF) announced the winners of the 2022 Secretary’s Award for Public-Philanthropic Partnerships.The Secretary’s Award for Public-Philanthropic Partnerships recognizes excellence in partnerships that have both transformed the relationships between the public and philanthropic sectors and led to measurable benefits in…

EDA: $2.6 Million Invested to Establish the Building Resilient Economies in Coal Communities Initiative

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to the National Association of Counties (NACo) to lead a coal-focused Community of Practice called the Building Resilient Economies in Coal Communities Initiative. The establishment of this multi-organizational, self-governing, knowledge-sharing community will empower…

EDA: Last Week, Over $17 Million in American Rescue Plan Funds Invested

Last week, the following grants were made under the American Rescue Plan Funds program and the CARES Act Recovery Assistance program: June 21, 2022 – U.S. Department of Commerce Invests $3 Million in American Rescue Plan Funds to Support Manufacturing Expansion in Orange County, Indiana June 21, 2022 – U.S. Department of Commerce Invests $3.7 Million in…

EDA: $1.3 Million Invested to Boost Industrial Production in Union County, AR

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to Union County, Arkansas, to make railroad and other infrastructure improvements at the El Dorado Industrial Park. This project will construct railroad spurs and a cross-docking facility to support manufacturing business growth in…

Census Bureau: New Business Trends and Outlook Survey Announced to Replace the Small Business Pulse Survey

The U.S. Census Bureau today announced the launch of a new experimental survey to measure business conditions on an ongoing basis. The Business Trends and Outlook Survey (BTOS) is the successor to the Small Business Pulse Survey, a high-frequency survey that measured the effect of changing business conditions during the coronavirus pandemic and other major events like…

SBA: Landmark Collaboration with Historically Black Fraternities and Sororities to Address the Wealth Gap Through Black Entrepreneurship Announced

First of its Kind Agreement That Will Focus on Improving Financial Literacy, Outreach and Capital Access Opportunities Across Communities Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, signed a Strategic Alliance Memorandum (SAM)–an authority unique to the SBA among federal agencies–with…

EDA: Last Week, Over $19 Million in American Rescue Plan Funds Invested

Last week, the following grants were made under the American Rescue Plan Funds program of the CARES Act Recovery Assistance program: June 14, 2022 – U.S. Department of Commerce Invests $8 Million in American Rescue Plan Funds to Support Tribal Enterprises on the Fort Independence Reservation June 14, 2022 – U.S. Department of Commerce Invests $2.4 Million…

EDA: $5.3 Million Invested to Support Tech-Based Business Growth in Grenada, MS

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.3 million grant to the Grenada County Board of Supervisors, Grenada, Mississippi, to bolster the region’s technology sector by improving access to Grenada Technology Park North. This EDA project will construct a four-lane access road into…