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…
EDA: $1.5 Million Invested to Support Business Development in Laredo, TX
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Laredo, Texas, to help build a two-mile road as part of the Springfield Avenue Extension. This grant will help boost business and job growth in the region by providing a…
EDA: $3 Million Invested to Support Existing and Future Business Needs in Millen, GA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the city of Millen, Georgia, for water infrastructure upgrades in support of local businesses. This EDA project will provide a new well and water tank that will ensure reliable water service to…
EDA: $723,935 Invested to Support Infrastructure Improvements in South Sioux City, NE
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $723,935 grant to the city of South Sioux City, Nebraska, to make critical infrastructure improvements needed to facilitate the growth of industry in the region. This grant will support construction of new roadway, water, and sewer infrastructure needed to accommodate expanded commercial…
SBA: Four Million Hard-Hit Businesses Approved for Nearly $390 Billion in COVID Economic Injury Disaster Loans
SBA delivered an unprecedented level of economic aid to small businesses impacted by the pandemic As the country continues to transition from a historic economic recovery to stable, steady growth that works for families and small businesses, Administrator Isabella Casillas Guzman, the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, highlighted the impact…
EDA: Over $29 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 9, 2022 – U.S. Department of Commerce Invests $1.7 Million in American Rescue Plan Funds to Increase High-Speed Internet Connectivity in Monticello, New York June 7, 2022 – U.S. Department of Commerce Invests $8.4 Million…
EDA: $3.4 Million Invested to Support Diversified Business and Job Growth in Georgetown, SC
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.4 million grant to Georgetown, South Carolina, for water treatment plant upgrades needed to stimulate business and job growth. This project will provide the modern infrastructure needed to support local business needs and attract new, diversified…
EDA: $787,620 Invested to Boost Workforce Training Programs in Eastern Iowa
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $787,620 grant to Eastern Iowa Community Colleges (EICC), Davenport, Iowa, to procure equipment needed to support Welding and Computer Numerical Control (CNC) career technologies programs. This grant will expand and enhance the programs offered at EICC’s Regional Career Academy campuses in Clinton…
EDA: $3.2 Million Invested to Capitalize Revolving Loan Fund to Serve Small Businesses in Southern Kentucky
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to Purchase Area Development District (Purchase ADD), Mayfield, Kentucky, to capitalize and administer a revolving loan fund to serve businesses in Graves, Ballard, Calloway, Carlisle, Fulton, Hickman, McCracken and Marshall counties. This investment…