Economic Development

EDA: $969,261 Invested to Help Southwest Michigan Prepare for Closure of Nuclear Facility

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $969,261 grant to Southwestern Michigan Commission, Benton Harbor, Michigan, to develop an economic recovery strategy ahead of the closure of the Palisades Nuclear Generating Station. This EDA grant will be matched with $242,316 in state and…

EDA: $2.4 Million Invested to Build Disaster Resilient Infrastructure in Guam

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the Port Authority of Guam, Santa Rita, Guam, to make disaster-resilient infrastructure improvements needed to ensure continuity of operations. The EDA grant, to be matched with $603,272 in local investment, is expected…

SBA: Funding Awarded to Veterans Business Outreach Center at the University of Maryland, College Park

 The U.S. Small Business Administration today announced the awarding of $400,000 in funding to the University of Maryland, Division of Research to provide training and counseling as a Veterans Business Outreach Center (VBOC) serving veteran small business owners in Washington, D.C., Maryland, Delaware, and Pennsylvania. The funding opportunity, offered by SBA’s Office of Veterans Business Development, has an initial project year of 11 months with up to four additional…

EDA: $4 Million in CARES Act Recovery Assistance Invested to Support Business Expansion in Du Quoin, IL

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million CARES Act Recovery Assistance grant to the city of Du Quoin, Illinois, to build a 500,000-gallon elevated water storage tank at the city’s industrial park to accommodate business expansion efforts and attract new businesses….

EDA: $2 Million Invested for Road Infrastructure Improvements to Support Manufacturing and Transportation Needs in Hall County, GA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Hall County, Georgia, for roadway infrastructure improvements needed to support a new heavy equipment research and development facility and the Georgia Ports Authority inland port. This EDA project, to be matched with…

EDA: $1.8 Million in CARES Act Recovery Assistance Invested to Support Tourism Recovery in Nebraska

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million CARES Act Recovery Assistance grant to the Nebraska Tourism Commission, Lincoln, Nebraska, to boost the state’s tourism industry through coordination and marketing. This EDA grant, to be matched with $450,000 in local funds, is…

EDA: $1.6 Million in CARES Act Recovery Assistance Invested to Build Economic Development Resource Center in Bossier City, LA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million CARES Act Recovery Assistance grant to the Coordinating and Development Corporation, Bossier City, Louisiana, to construct the Northwest Louisiana one-stop resource center, allowing for business development and growth. This EDA grant will be matched…

EDA: $754,840 in CARES Act Recovery Assistance Invested to Support Medical Technology Innovators in Southeast Michigan

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $754,840 CARES Act Recovery Assistance grant to the Wayne State University Research and Technology Park, Detroit, Michigan, to support innovation and entrepreneurship in the region’s medical and manufacturing sectors. This EDA grant, to be matched with $249,900 in local investment, is expected…

EDA: $639,789 Invested for Water Infrastructure Improvements to Support Business Expansion Efforts in Erwin, TN

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $639,789 grant to Erwin Utilities Authority, Erwin, Tennessee, for water infrastructure improvements needed to increase local manufacturing and spur additional business development. This EDA grant will be matched with $639,789 in local funds and is expected…

EDA: $690,795 Invested to Support Business Growth in Menomonie, WI

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $690,795 grant to the city of Menomonie, Wisconsin, to make infrastructure upgrades at the University of Wisconsin’s Stout Technology and Business Park and spur additional economic growth and investment. This EDA grant, to be matched with $690,795 in local investment, is expected…