Economic Development

EDA: $3.9 Million Invested in Support Entrepreneurship and Manufacturing

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.9 million in grants to support economic development efforts in communities in Missouri. Urban League of Metropolitan St. Louis, Inc., St. Louis, will receive a $2.7 million grant for construction of the Urban League Plaza and Innovation Center,…

EDA: $3.5 Million to Boost the Agriculture Industry and Workforce in LaSalle County, IL

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.5 million grant to Illinois Valley Community College (IVCC), Oglesby, Illinois, to construct a new agriculture education facility. This grant will allow IVCC to train and upskill agriculture workers, aid in the development of new technology, and develop…

EDA: $4.2 Million Invested to Boost Manufacturing Workforce Training Efforts in Northeast Ohio

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to the Lake County Community College District, Kirtland, Ohio, to renovate Lakeland Community College’s Industrial Skills Training Center for Advanced Manufacturing. This grant will help to diversify the local economy by expanding training opportunities for…

EDA: $5 Million Invested to Support Construction Trades Workforce Development in the Appalachian Region of Ohio

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to Belmont College, St. Clairsville, Ohio, for construction of a new building to house the construction trades program. This grant will support regional workforce development in the construction trades, preparing students for good-paying, in-demand jobs…

EDA: $5.3 Million Invested to Support Business Growth and Job Creation in West Virginia

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $5.3 million in grants to support West Virginia communities economically impacted by the declining use of coal and the coronavirus pandemic. Warm Springs Public Service District, Berkeley Springs, will receive a $3.2 million grant for water and sewer…

HUD: Eighteen Public Housing Authorities Selected for New Asset Building Moving to Work Demonstration Cohort

Asset Building Cohort a Key Component of Secretary Fudge’s Economic Justice Agenda The U.S. Department of Housing and Urban Development (HUD) on September 27, 2022 announced the Asset Building cohort of the expansion of the Moving to Work (MTW) Demonstration Program. Through this cohort, HUD will evaluate asset building activities that encourage the creation and…

SBA: $7.2 Million in PRIME Grants Awarded to Help Emerging Micro-Entrepreneurs Gain Access to Capital

Grants Will Help 38 Small Business Support Organizations Provide Technical Assistance and Training Services to Economically Disadvantaged Businesses, Rural Small Businesses, and Foreign Language Entrepreneurs   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 a $7.2 million grant award to 38…

SBA: Expansion of Ascent Online Digitial Platform Programming Announced

The digital platform focused on providing women-owned small businesses training resources, offers new course on how to expand into international markets Today, the U.S. Small Business Administration (SBA) launched “Growing Globally”, one of several training courses housed in the revamped Ascent online learning platform. “Growing Globally” specifically explores ways women entrepreneurs can expand their small businesses into new, international markets….

SBA: Inaugural Small Business Cyber Summit to Take Place During National Cybersecurity Month

On October 26, the SBA Will Convene Experts from the Cybersecurity and Business Worlds to Share Best Practices and Practical Tools to Help Small Businesses Bolster Their Cyber Defenses Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and voice for America’s 33 million small businesses in President Biden’s Cabinet, announced that the agency…

EDA: Over $85 Million in American Rescue Plan Funds Invested Last Week

The following grants were made under the American Rescue Plan Funds program: September 21, 2022 – U.S. Department of Commerce Invests $2.5 Million in American Rescue Plan Funds to Boost High Speed Internet Connectivity in Southwest Louisiana September 20, 2022 – U.S. Department of Commerce Invests $5.3 Million in American Rescue Plan Funds for Wastewater Infrastructure to…