Economic Development

SBA: National Small Business Week Announced for May 1-7, 2022

SBA Will Recognize Top Small Businesses with a Four-Day Series of Events Including a Live Virtual Summit, Educational Sessions, and Award Presentations 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, announced that National Small Business Week (NSBW): Building a Better America Through Entrepreneurship will…

SBA: Immediate Relief through Additional Deferment Provided to Existing COVID Economic Injury Disaster Loan Program Borrowers

Starting immediately, Agency extends additional relief to small businesses 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, directed the Agency to provide additional deferment of principal and interest payments for existing  COVID Economic Injury Disaster Loan (EIDL) program Borrowers for a total…

EDA: $2.7 Million in CARES Act Recovery Assistance to Train Marine Service Technicians in Michigan’s Upper Peninsula

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million CARES Act Recovery Assistance grant to the Great Lakes Boat Building School, in Cedarville, Michigan, to construct a 10,000-square-foot school expansion, establish new boat-docking infrastructure and purchase additional marine electronics testing equipment. This project…

EDA: $2 Million in American Rescue Plan Funds Invested for Roadway Improvements to Support Business Development in Springdale, AR

Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Springdale, Arkansas, to extend Dixieland Road in the northern portion of the city. This grant is funded by the American Rescue Plan. This project will create direct highway access for…

EDA: $1.5 Million in American Rescue Plan Funds Invested to Construct a Water Tower to Support Growing Industrial Park in Tonganoxie, KS

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 Tonganoxie, Kansas, to construct a water tower. This grant is funded by the American Rescue Plan. This project will provide water infrastructure to support the expansion of the Tonganoxie Business…

EDA: $1.3 Million in American Rescue Plan Funds Invested to Support Expansion of Farmers Market, Generating Opportunity for Small Business and Entrepreneuers in Columbia, MO

Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Columbia, Missouri, to further develop and expand the city’s Farmers Market. This grant is funded by the American Rescue Plan. This project will create additional indoor space to accommodate double…

EDA: Louisiana Highlighted for Success in Innovation, Entrepreneurshipa nd Economic Reslience During High-Level International Delegation Visit

Senior Officials from Across the Western Hemisphere and Other Nations Set to Tour New Orleans, Baton Rouge, Lafayette, and Acadiana Today, the U.S. Department of Commerce’s Economic Development Administration (EDA), in coordination with the U.S. Department of State and the Organization of American States (OAS), announced that 52 high-level representatives from 20 countries will participate…

Census Bureau: Small Business Pulse Survey Phase 8 Weekly Data Released

The U.S. Census Bureau today released new data from Phase 8 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic and other major events such as hurricanes on our nation’s small businesses. The SBPS complements existing Census Bureau data by providing detailed, near real-time information on the…

SBA: Funding Opportunity Announced to Provide Continuation of Boots to Business Entrepreneurship Training

The U.S. Small Business Administration invites eligible non-profit organizations, state and local government agencies, private sector firms, and institutions of higher learning to submit proposals to provide synchronous online entrepreneurship training to transitioning service members, veterans, and military spouses. The entrepreneurship training shall be a continuation of the training participants receive as part of SBA’s Boots to Business (B2B)…

EDA: $5 Million in CARES Act Recovery Assistance Invested to Support the Tourism Industry in Duluth, MN

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million CARES Act Recovery Assistance grant to the city of Duluth, Minnesota, to reconstruct a section of a seawall along Lake Superior behind the Duluth Entertainment and Convention Center (DECC). This project will help revitalize…