EDA: $902,500 Invested for Wastewater Treatment Upgrades in Support of Local Industries in Hartwell, GA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $902,500 grant to the city of Hartwell, Georgia, to support critical upgrades to the city’s wastewater treatment plant to accommodate a new distribution center and other businesses. This EDA grant, to be matched with $902,500 in local investment, is expected to create…
EDA: $516,360 in CARES Axct Recovery Assistance Invested to Expand Plastics Workforce Training Program in West Virginia
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $516,360 CARES Act Recovery Assistance grant to Blue Ridge Community and Technical College, Martinsburg, West Virginia, to expand its plastics training program to meet local industry workforce needs in Morgan, Jefferson and Berkley counties. The project, to be matched with $294,190 in…
EDA: $500,000 Invested to Support Planning for Logistics Park in Denison, TX
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Business and Industrial Corporation of Denison, Inc., Denison, Texas, to support development of a master plan for the Texas Gateway Logistics Park that will assess the suitability of existing infrastructure, determine the best use for the property, and take…
SBA: Supplemental Grant Applications for Shuttered Venue Operators Grant Awardees Opened
Awards Expected to Begin Going out within Two Weeks Today, the U.S. Small Business Administration announced it will begin sending invitations for supplemental awards for the Shuttered Venue Operators Grant program. Per the Economic Aid to Hard-Hit Small Businesses, Non-profits and Venues Act, SVOG supplemental awards are to be provided to those who received an initial grant and have illustrated…
Census Bureau: Small Business Pulse Survey Phase 6 Weekly Data Released
The U.S. Census Bureau today released new data from the sixth phase of the Small Business Pulse Survey (SBPS). Data collection began August 16. Results will be released weekly August 26 to October 21. New content in the SBPS Phase 6 covers difficulties hiring employees, new workplace norms, changes in demand for goods or services, and price changes…
SBA: Moratorium Announced on Bona Fide Place of Business Requirements for the 8(a) Business Development Program
The U.S. Small Business Administration today announced a moratorium on the requirement that participants in SBA’s 8(a) Business Development Program must establish a bona fide place of business in a specific geographic area in order to be awarded any construction contract through the 8(a) Program due to the ongoing challenges of COVID-19. The moratorium is effective August 25, 2021,…
EDA: $915,210 in CARES Act Recovery Assistance Invested to Support Travel and Tourism Sectors in Las Vegas, NV
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $915,120 CARES Act Recovery Assistance grant to the Nevada System of Higher Education, Las Vegas, Nevada, to support the post-pandemic revitalization of Nevada’s travel and tourism sectors. This EDA grant, to be matched with $228,780 in local investment, is expected to create…
EDA: $644,045 in CARES Act Recovery Assistance Invested to Support Manufacturing Research and Workforce Development at the University of South Alabama
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $644,045 CARES Act Recovery Assistance grant to the University of South Alabama in Mobile, to renovate the Laboratory for Additive Manufacturing, creating a cyber research hub and supporting workforce development efforts. This EDA grant will be matched with $161,011 in local investment….
SBA: PPP Direct Borrower Forgiveness Portal Surpasses Expectations and Accepts More than 340,000 Submissions in First Two Weeks
SBA portal significantly outpacing top PPP lenders not utilizing the Agency’s direct forgiveness tool in forgiveness submissions Since the opening of the Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal on August 4, the U.S. Small Business Administration has received more than 340,000 submissions from borrowers with PPP loans of $150,000 or less, highlighting Administrator Isabella Casillas Guzman’s priority of rushing relief to the smallest of small businesses and far exceeding expectations. In providing its new, streamlined portal, the SBA is also executing…
EDA: $2.65 Million Invested to Boost Business Growth and Workforce Development Efforts in West Virginia
U.S. Economic Development Administration Investments Expected to Create or Retain Nearly 1,000 Jobs and Generate $21.3 Million in Private Investment Today, U.S. Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo announced that the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $2.65 million in grants to support business development and workforce…