Economic Development

EDA: $1.1 Million in American Rescue Plan Funds Invested to Provide Technical Assistance to Small Buisnesses in South San Francisco, CA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.1 million American Rescue Plan Economic Adjustment Assistance grant to the city of South San Francisco, California, to develop the North County Business Resource Center. The new facility will benefit low and moderate income. and previously underserved…

EDA: $800,000 Invested in American Rescue Plan Funds to Plan Redevelopment of Former Coal Power Plant Site in Springfield, MO

Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding an $800,000 grant to the city of Springfield, Missouri, to conduct planning efforts for the redevelopment of the Lake Springfield area. This grant is funded by the American Rescue Plan and EDA’s $300 million Coal Communities Commitment. This grant…

SBA: $150,000 Announced to Fund Historic Women’s Business Center Expansion in Alaska

The New Funding Will Support the SBA’s First WBC in Alaska in a Decade. This WBC is the Latest in a Series of Historic Openings to Reach Underrepresented 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, announced the availability of $150,000 for a new…

SBA: New Funding Announced to Expand Outreach Center for Women Entrepreneurs through Minority Serving Institutions

$1.5M Will be Awarded to Support the Expansion of the Agency’s Women’s Business Centers Across HBCUs and Higher Education Institutions Serving Hispanic, Tribal and AAPI 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, announced the availability of $1.5 million…

SBA: New Tribal Consultation Policy Signed Committing to Continued Equitable Access for Indian Country 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 signed the Agency’s Tribal Consultation Policy of 2022. The Agreement, which directs the SBA’s coordination with Tribal governments, also recognizes the Federal Government’s unique relationship with Native American governments and its responsibility to…

EDA: $2 Million in “STEM Talent Challenge” Grants Announced to Strengthen Innovation Workforce Pipeline

8 Organizations Receive Funding for Programs that Support Regional Industry Workforce Needs Today, U.S. Secretary of Commerce Gina M. Raimondo announced the eight grant recipients of the Economic Development Administration’s (EDA) STEM Talent Challenge, a national competition that supports programs to train science, technology, engineering, and math (STEM) talent to create a robust STEM-capable workforce across the country,…

SBA: Business Forward and SBA Launch the “Small Business Digital Alliance”

New Venture Will Convene Major Tech Companies, Players to Provide Small Businesses Free Access to Tools to Expand E-Commerce Footprint Today, the U.S. Small Business Administration (SBA) and Business Forward, Inc., a non-profit organization working with small business leaders in support of policies promoting America’s economic competitiveness, announced the launch of the Small Business Digital Alliance (SBDA). A joint public-private…

Census Bureau: Small Business Pulse Survey Phase 7 Weekly Data Released

The U.S. Census Bureau today released new data from Phase 7 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic, as well as other major events such as hurricanes on our nation’s small businesses. SBPS complements existing Census Bureau data by providing detailed, near real-time information on…

EDA: $3 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Serve Small Businesses in South Central Louisiana

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to the South Central Planning and Development Commission, Houma, Louisiana, to capitalize and administer a Revolving Loan Fund. This grant will provide gap financing to small, local businesses in…

Census Bureau: Small Business Pulse Survey Phase 7 Weekly Data Released

The U.S. Census Bureau today released new data from Phase 7 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic, as well as other major events such as hurricanes on our nation’s small businesses. SBPS complements existing Census Bureau data by providing detailed, near real-time information on…