Economic Development

EDA: $1.5 Million Invested for Critical Infrastructure Needed to Establish Multi-Modal Facility in Jefferson City, MO

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Cole County, Missouri, for rail and transportation infrastructure improvements needed to support economic development in the region. This project will provide a rail spur and other transportation-related infrastructure needed to establish a multi-modal…

EDA: $2 Million Invested for Water System Upgrades to Support New Businesses in Augusta, GA

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Development Authority of Augusta, Augusta, Georgia, to boost business and job growth by providing water and sewer improvements at the Augusta Corporate Park. This project will provide the infrastructure necessary to accommodate…

SBA: Return of ChallengerHer, the Government Contracting Education Initiative for Women Entrepreneurs, Announced

ChallengeHer is celebrating 10 years of helping women-owned small businesses access federal contracts WASHINGTON –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 return of ChallengeHer—a government contracting education initiative to help women-owned small business gain access to federal contracts and…

SBA: New Board Chair and Selection of New Members Announced for the National Small Business Development Center Advisory Board

The Board is embarking on an outreach and engagement effort to strengthen the program – Townhall planned for Fall 2022 WASHINGTON – Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announces the selection of new advisory board leadership to the Small Business Develop…

SBA: Improved Surety Bond Process Announced to Provide Streamlined Support for Local Infrastructure Contractors

Improvements are expected to increase and speed access to opportunities related to Infrastructure Investment and Jobs Act The U. S. Small Business Administration (SBA) announced changes today to streamline the submission of Work-in-Process (WIP) information small businesses provide when receiving bonding support through the Surety Bond Guarantee (SBG) Prior Approval Program. Surety bonding is required for any business to bid on…

EDA: Over $28 Million in American Rescue Plan Funds and CARES Act Recovery Assistance Invested Last Week

Last week, the following grants were made under the American Rescue Plan Funds and CARES Act Recovery Assistance programs: August 23, 2022 – U.S. Department of Commerce Invests $4.9 Million in American Rescue Plan Funds to Support Business Development in South Amboy, New Jersey August 23, 2022 – U.S. Department of Commerce Invests $4.5 Million in CARES…

SBA: Grant Awardees Announced for New Pilot Program to Bolster Cybersecurity Infrastructure for Emerging Small Businesses

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 nearly $3 million in new funding for three state delegates to help emerging small businesses develop their cybersecurity infrastructure. Arkansas, Maryland, and South Dakota representatives are receiving grants that will…

SBA: New Collaboration and Webinar Series Announced to Help the Small Business Community Navigate Economic Challenges

“The Bottom Line” webinar series will bring together SBA officials, small business advocates, and economic experts for discussions on how to address economic challenges facing small businesses today. On Monday, August 22, 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, and John…

EDA: $13.5 Million Announced to Support U.S. Manufacturers

Today, U.S. Secretary of Commerce Gina Raimondo announced $13.5 million in U.S. Economic Development Administration (EDA) grants to support 11 Trade Adjustment Assistance Centers (TAACs) that help manufacturers affected by imports adjust to increasing global competition and to create jobs. The TAACs, which each service multiple states, are located in California, Colorado, Georgia, Illinois, Massachusetts,…

EDA: $3.5 Million Invested for Wastewater System Upgrades to Support Diversified Business Growth in Londonderry Township, PA

oday, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.5 million grant to the Derry Township Municipal Authority, Hershey, Pennsylvania, to boost business and job growth in the region by upgrading the Southwest Wastewater Treatment Plant in Londonderry Township. This project will help attract new businesses to…