Economic Development

EDA: $1.6 Million Invested to Support Foreign Business Investment in Binghamton, NY

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Research Foundation for the State University of New York, Binghamton, New York. This investment will support the Southern Tier Soft Landing Program, to attract foreign business investment in Upstate New York…

EDA: $1.6 Million Invested to Support Development of New Business and Healthcare Infrastructure in King and Queen County, VA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to King and Queen County, Virginia. This project will address a pressing need for new medical and business development space in King and Queen County by supporting the construction of a multi-tenant, pre-engineered…

EDA: $955,000 Invested to Improve Transportation Infrastructure in Moscow, ID

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $955,000 grant to the city of Moscow, Idaho. This investment will provide for the construction of a new bridge on Paradise Creek, to support local businesses in the medical and agricultural sectors of the economy. The 24-foot, single-span bridge will replace a…

EDA: $3 Million Invested to Establish a Diesel Mechanics Training Facility in Lewistown, PA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Mifflin County Academy of Science and Technology, Lewistown, Pennsylvania, to establish a diesel mechanics and heavy equipment operator training facility and diversify the local economy. This EDA project will provide secondary…

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…

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…