Economic Development

Census Bureau: Small Business Pulse Survey Phase 7 Weekly Data Released

 The U.S. Census Bureau today released new data from Phase 7 of the Small Business Pulse Survey (SBPS), which measures 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. SBPS complements existing Census Bureau data by providing detailed, near real-time information on…

Census Bureau: Small Business Pulse Survey Phase 7 Weekly Data Released

The U.S. Census Bureau today released new data from Phase 7 of the Small Business Pulse Survey (SBPS), which measures 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. SBPS complements existing Census Bureau data by providing detailed, near real-time information on…

EDA: $3.2 Million Invested for Broadband Infrastructure to Servce Tribal Community in Montezuma County, CO

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the Ute Mountain Ute Tribe, Towaoc, Colorado, to construct broadband infrastructure. The project will provide high-speed internet service connecting the Ute Mountain Ute Indian Reservation and the city of Towaoc to the…

HUD: $9 Million Loan Guarantee to Cleveland Announced for Development of Nearly 200 Housing Units and Grocery Store

The U.S. Department of Housing and Urban Development today announced a $9 million loan guarantee to the City of Cleveland, Ohio for the development of a mixed-used site that includes nearly 200 housing units and a 40,000 square foot grocery store. “This is a tremendous opportunity for Cleveland to expand access to affordable housing while…

EDA: $5 Million in American Rescue Plan Funding Invested to Support U.S. Territory-Wide Economic Development Planning

Grants for 5 Territories will 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 American Rescue Plan statewide planning grants to five territories to support territory-wide economic development planning efforts. The funding will assist communities in…

Census Bureau: Small Business Pulse Survey Phase 7 Weekly Data Released

The U.S. Census Bureau today released new data from Phase 7 of the Small Business Pulse Survey (SBPS), which measures 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. SBPS complements existing Census Bureau data by providing detailed, near real-time information on…

EDA: $1.3 Million in CARES Act Recovery Assistance Invested to Support Business Growth in Brooklyn, NY

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million CARES Act Recovery Assistance grant to Brooklyn Alliance, Inc., Brooklyn, New York, to provide technical assistance to small and medium-sized businesses impacted by the coronavirus pandemic. This EDA project will support Brooklyn Alliance, Inc.’s…

EDA: $675,180 Invested for Infrastructure Improvements to Support Business Expansion and Job Growth in Devens, MA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $675,180 grant to the Massachusetts Development Finance Agency, Boston, Massachusetts, to provide roadway and stormwater infrastructure improvements needed to support additional development of the Devens Industrial Area and former Fort Devens Military Base. This EDA project will help increase job opportunities in…

SBA: $1.1 Million in Awards Announced to Support Native American Entrepreneurs

The U.S. Small Business Administration (SBA) announced the awardees of $1.1 million in grants and contracts to promote the development, success, and long-term sustainability of Native American-owned businesses.  “Native-owned small businesses are vital to our shared economic future, and the SBA is committed to engaging and supporting them. The $1.1 million in awards will provide a boost…

EDA: Finalists for $1 Billion “Build Back Better Regional Challenge”

60 Regional Coalitions will Each Compete for up to $100 Million in American Rescue Plan Funding to Rebuild America’s Communities U.S. Secretary of Commerce Gina M. Raimondo today announced the 60 finalists for the U.S. Economic Development Administration’s (EDA) $1 billion “Build Back Better Regional Challenge” – the marquee of EDA’s American Rescue Plan programs – that…