Economic Development

Census Bureau: Small Business Pulse Survey Phase 7 Started

The U.S. Census Bureau today announced the beginning of data collection for Phase 7 of the Small Business Pulse Survey (SBPS). This experimental survey was designed and launched in April 2020 to measure 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….

EDA: $4.9 Million in CARES Act Recovery Assistance Invested to Support Healthcare Workforce Training Efforts in Pueblo, CO

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.9 million CARES Act Recovery Assistance grant to Pueblo Community College (PCC), Pueblo, Colorado, to expand the college’s healthcare training program. The project will allow PCC to expand and grow its healthcare program, adding 225 students,…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Entrepreneurship in Peoria, IL

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Distillery Labs, Peoria, Illinois, to create a business assistance and incubator space. This project will support local entrepreneurs by funding space and programming for local entrepreneurship and start-up…

HUD: $36 Million Awarded to Boost Local Economic Development and Affordable Housing Programs

More than 250 communities across the country will be able to increase the economic impact of their local community development and affordable housing programs for low- and moderate-income persons through $36 million in “capacity-building” grants awarded by the U.S. Department of Housing and Urban Development (HUD). The funds awarded will support three national organizations and…

EDA: $314 Million Announced to Accelerate Travel, Tourism and Outdoor Recreation Post-Pandemic

U.S. Secretary of Commerce Gina M. Raimondo today announced that the Department’s Economic Development Administration (EDA) is awarding $314 million in American Rescue Plan State Travel, Tourism, and Outdoor Recreation grants to 34 states and the District of Columbia. These investments will support marketing, infrastructure, workforce and other projects to rejuvenate safe leisure, business, and…

SBA: Five New Regional Innovation Clusters Announced

Newly-designated Clusters Collectively Awarded $1.5M to Support Small Business Growth and Drive Innovation in Local Economies The U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced the addition of five new Regional Innovation Clusters (RIC) to the portfolio of communities the agency supports through the program. RICs are geographically-concentrated networking hubs of small businesses, suppliers, service providers, and…

EDA: $30 Million in Economic Development Administration American Rescue Plan Funding to Support Statewide Economic Development Planning Announced

$1 Million Grants Headed to 30 States and Territories to Lay the Foundation for President Biden’s Build Back Better Agenda U.S. Secretary of Commerce Gina M. Raimondo today announced that the Department’s Economic Development Administration (EDA) is awarding $1 million American Rescue Plan grants to 30 states and territories across the nation to support statewide…

EDA: $4.8 Million in CARES Act Recovery Assistance Invested to Support Industrial Development in Chicago

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.8 million CARES Act Recovery Assistance grant to Chicago, Illinois, to support industrial development in the city. This grant will help accelerate the economy and support business growth and development by providing trucks access to one…

EDA: $3.8 Million in CARES Act Recovery Assistance Invested to Support the Distribution and Logistics Sector in Central Indiana

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million CARES Act Recovery Assistance grant to the Indianapolis Airport Authority, Indianapolis, Indiana, to support the distribution and logistics sector in Central Indiana. This grant will build infrastructure to support supply chain needs by providing…

EDA: $3.4 Million in CARES Act Recovery Assistance Invested to Support Broadband Expansion in Northeast Minnesota

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.4 million CARES Act Recovery Assistance grant to support broadband expansion in Northeast Minnesota. The pandemic shed light on the vital importance of broadband. This grant will allow Northeast Service Cooperative to meet the region’s explosive…