SBA: Informational Webinars Announced for 2023 Growth Accelerator Fund Competition
Agency to Host Virtual Informational Events for Qualified Applicants February 6-9. Today, the U.S. Small Business Administration announced virtual events will be held for applicants for its seventh Growth Accelerator Fund Competition (GAFC). The GAFC will offer $13 million in prizes awarded in 2023 and 2024 aimed at expanding growth accelerators and creating innovative partnerships with…
EDA: $4 Million Invested to Support Business Growth and Workforce Development in Coal-Impacted Communities in West Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $4 million in grants to support business growth and workforce development efforts in West Virginia communities impacted by a decline in the coal economy. The EDA investments announced today are: Preston County Public Service District No. 4, Bruceton Mills,…
EDA: $1.1 Million Invested for Boardwalk Upgrades to Support Tourism in Wildwood, NJ
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to the city of North Wildwood, New Jersey, for reconstruction of three blocks of boardwalk space. This project will support boardwalk structural repairs, including timber replacement, electrical upgrades and lighting fixtures, as well as…
EDA: $958,960 Invested for Sewer System Upgrades in Support of Job Creation and Business Growth in Henry County, VA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $958,960 grant to Henry County, Virginia, to support business and job growth efforts by extending local water and sewer service. This project will provide for the construction of a pump station, sewer line, and other improvements to increase water and sewer system…
CDFI Fund: FY 2023 Capital Magnet Fund Funding Round Opens
Today the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2023 funding round for the Capital Magnet Fund. Through the Capital Magnet Fund, the CDFI Fund competitively awards funds to Community Development Financial Institutions (CDFIs) and qualified non-profit housing organizations. These awards can be used to…
EDA: $1.5 Million Invested for Water Infrastructure Improvements to Support Business Growth in Hawkins County, TN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the First Utility District of Hawkins County, Tennessee, for water infrastructure improvements needed to support business growth. This grant will provide the reliable water service capacity needed for a major glass manufacturer…
EDA: $1.5 Million Invested for Water Infrastructure Improvements to Support Business Expansion in Eden, NC
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Eden, North Carolina, to boost capacity for business growth by renovating the Eden sewer treatment facility. This grant will provide reliable water service necessary for a major pet food…
EDA: $794,472 Invested to Boost Business Growth in Coal-Impacted and Other Underserved Communities in Georgia
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $794,472 grant to the Georgia Southern University Research and Service Foundation, Inc., Statesboro, Georgia, to connect businesses in underserved areas of Georgia with the technical assistance they need to grow and thrive. This project will allow Georgia Southern University’s Georgia Enterprise Network…
SBA: Applications for the SBA Veteran Small Business Certification Program Now Open
Today, the U.S. Small Business Administration (SBA)began accepting applications through the Veteran Small Business Certification (VetCert) program as part of the Biden-Harris Administration’s commitment to expanding access to resources for Veterans and other underserved populations. The improvements in the customer experience for Veteran entrepreneurs and business owners made by VetCert will build upon the $25 billion in government contract…
EDA: $3 Million Invested to Grow Skilled Healthcare Workforce in Southwestern Wyoming
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to Western Wyoming Community College District, Rock Springs, Wyoming, to help diversify the economy by boosting the region’s healthcare workforce. The EDA project will renovate existing facilities and construct new educational spaces to support…