EDA: $2.4 Million Invested to Make Roadway Infrastructure Improvement in Support of Commerce in Eastern Ohio
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the County of Mahoning, Ohio, to support the Mahoning Avenue Industrial Corridor Upgrade project. The project will provide roadway upgrades, bridge replacements, drainage enhancements, and other necessary improvements to better position the corridor…
EDA: $640,994 Invested to Help Grow Seafood Industrial Park in Newport News, VA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $640,994 grant to the city of Newport News, Virginia, to support preliminary studies and design at the Seafood Industrial Park located in Newport News’ SouthEast neighborhood. This project supports necessary preliminary engineering and environmental work, development of a site plan, as well…
EDA: $725,000 Invested to Boost Workforce Training Efforts in Ottumwa, IA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $725,000 grant to Indian Hills Community College, Ottumwa, Iowa, to equip the college’s Career and Technical Education training facility at the Centerville campus. The EDA project will provide the equipment needed to facilitate effective training programs that will help meet regional demand for…
HUD: Over $9 Million Awarded to Public Housing Agencies for Jobs Plus Program
Awards will help bridge the wealth gap by connecting residents of public housing to employment and education The U.S. Department of Housing and Urban Development (HUD) today awarded over $9 million to 4 Public Housing Agencies (PHAs) to help families increase their earned income and improve their economic mobility through the Jobs Plus program. Jobs…
EDA: $2.4 Million Invested to Support Food Infrastructure and Business Development in Peekskill, NY
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to Peekskill Facilities Development Corporation, Peekskill, New York, to help establish the Peekskill Commercial Kitchen Food Incubator. The project will support the renovation of a former fire station for adaptive re-use, strengthening the region’s…
SBA: New HUBZones Announced in Louisiana to Expand Federal Contracting Opportunities for Small Businesses Across the State
Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33.2 million small businesses in President Biden’s Cabinet, and Louisiana Governor John Bel Edwards, the state’s 56th governor, announced the expansion of HUBZone across Louisiana, a program that provides small businesses in low-income communities that hire low-income residents with opportunities…
FFIEC: Federal Bank Regulatory Agencies Release 2021 Small Business, Small Farm and Community Development Lending Data
The federal bank regulatory agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), today released data on small business, small farm, and community development lending during 2021. The Community Reinvestment Act regulations require the agencies to annually disclose these data. The FFIEC also prepared aggregate disclosure statements of small business and small farm…
SBA: New Strategic Alliance Announced to Support Small Business Exporters
The agreement formalizes an existing relationship with BAFT that supports small business exporters by reducing barriers to accessing capital Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced the signing of the Strategic Alliance Memorandum (SAM) with BAFT (Bankers Association…
SBA: New Regional Grants Awarded to Spur Innovation and Support High-Quality Jobs
Additional grant awards will support agriculture technology growth in Oregon, unmanned and robotic vehicle manufacturing in Mississippi Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33.2 million small businesses in President Biden’s Cabinet, announced additional grants designed to create or sustain innovation initiatives and high-quality jobs through consortiums…
SBA: Second Annual Innovation Ecosystem Summit Announced
SBA Convening Entrepreneurship Ecosystem Leaders for Virtual Summit Aimed at Advancing Science and Technology to Support Startups and Innovative Small Businesses Today, the U.S. Small Business Administration (SBA) announces the second annual Innovation Ecosystem Summit for entrepreneur support organizations (ESOs) to gather virtually on December 6-7. The free event is curated for those who work with and support entrepreneurs from…