Economic Development

EDA: $5.5 Million Invested to Support Transportation Infrastructure Improvements in American Canyon, CA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.5 million grant to the city of American Canyon, California, to improve transportation infrastructure in the Green Island Industrial District (GRID). This grant is funded by the American Rescue Plan. This project will recondition and expand…

EDA: $2.1 Million Invested to Expand Industrial Park in Batesville, AR

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the city of Batesville, Arkansas, to make critical infrastructure at the city’s industrial park. This grant will construct roads, water, and sewer infrastructure to support expansion and business development at the industrial…

EDA: $1.2 Million Invested to Support Development of Maine Spaceport Complex in Augusta, ME

Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Maine Space Grant Consortium, Augusta, Maine, to support development of the Maine SpacePort Complex. This project will finalize a strategic plan addressing workforce development, business development, and external engagement needs for the…

SBA: Funding Opportunity to Provide Entrepreneurship Training to Service-Disabled Veterans Announced

Today, the U.S. Small Business Administration announced a new funding opportunity for eligible non-profit organizations, state and local government agencies, private sector firms, and institutions of higher learning to provide entrepreneurship training to service-disabled veterans. The awarded organization(s) can use the funding to market, deliver, and scale existing service-disabled veteran entrepreneurs’ training programs for veterans, service-disabled veterans,…

EDA: Nearly $70 Million in American Rescue Plan Funds Invested Last Week

Last week, the following grants were made under the American Rescue Plan Funds program and the CARES Act Recovery Assistance program: July 20, 2022 – U.S. Department of Commerce Invests $3.7 Million in American Rescue Plan Funds to Support Business Development in Vicksburg, Michigan July 20, 2022 – U.S. Department of Commerce Invests $1.8 Million in American…

EDA: $1.5 Million Invested to Support Construction of Continuing Education Training Facility at South Texas College in McAllen, TX

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to South Texas College, McAllen, Texas, to support construction of a 20,000 square foot facility to house the college’s continuing education training programs. This grant will provide new opportunities and expanded space for…

EDA: $4.2 Million Invested to Support Workforce Development Efforts in Southern Illinois

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to John A. Logan College, Carterville, Illinois, to construct the John A. Logan College Career and Technical Center at the college’s campus in Southern Illinois. This investment will allow John A. Logan College…

EDA: $5 Million Invested to Support Biomedical, Biotechnology and Advanced Manufacturing Sectors in Athens County, OH

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to Athens County Port Authority, Athens, Ohio, to build a 60,000 square-foot facility to house biomedical, biotechnology, and advanced manufacturing companies. This grant will support the expansion of local companies currently located at…

Census Bureau: Data Collection Begins for New Business Trends and Outlook Survey

The U.S. Census Bureau today announced the start of data collection for its new survey to measure business conditions on an ongoing basis. The Business Trends and Outlook Survey (BTOS) is the successor to the Small Business Pulse Survey(SBPS), a high-frequency survey that measured the effect of changing business conditions during the coronavirus pandemic and other major events…

EDA: Last Week, Nearly $15 Million in American Rescue Plan Funds Invested

Last week, the following grants were made under the American Rescue Plan Funds program and the CARES Act Recovery Assistance program: July 12, 2022 – U.S. Department of Commerce Invests $4.7 Million in American Rescue Plan Funds to Establish a Regional BMX Facility and Support Tourism in Morgantown, West Virginia July 12, 2022 – U.S. Department of…