Economic Development

EDA: $600,000 Invested to Create a Personal Protective Equipment Laboratory in Conover, NC

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the city of Conover, North Carolina, to purchase critical supplies in support of a new personal protective equipment (PPE) laboratory. This EDA grant, to be matched with $150,000 in local investment, is expected to create 82 jobs and generate…

CDFI Fund: Public Comments Sought on CDFI Bond Guarantee Program Materials

The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Pub. L. No. 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently,…

SBA: Awardees Announced for Two New Women’s Business Centers in Puerto Rico

The New Centers Will Increase Opportunities and Recovery Solutions for Women Entrepreneurs throughout the Island The U.S. Small Business Administration announced today the launch of two Women’s Business Centers (WBC) in Puerto Rico, hosted by Ana G. Méndez University, Gurabo Campus (UAGM-Gurabo), and Friends of Puerto Rico. The new centers will carry out the mission of helping…

SBA: President Biden Proclaims September 12-18 as National Small Business Week

The U.S. Small Business Administration’s 2021 National Small Business Week celebrations will officially commence next week with a three-day virtual summit. SBA Administrator Isabella Casillas Guzman will kick off the national event on Monday, September 13, addressing nearly 30,000 registered participants during the educational, training, and networking event. This year’s free event will spotlight the resilience of America’s entrepreneurs and…

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…

EDA: $1.3 Million in CARES Act Recovery Assistance Invested to Strengthen Agribusiness Infrastructure in Guam

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 the Guam Economic Development Authority, Tamuning, Guam, to improve commercial infrastructure to support job creation and economic resiliency in the agribusiness sector. “President Biden is committed to helping…

EDA: $1 Million in CARES Act Recovery Assistance Invested to Establish Resiliency Center in Alexandria, LA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to the Kisatchie-Delta Regional Planning and Development District, Alexandria, Louisiana, to purchase, design, and renovate an existing building to create a new Resiliency Center that will support economic development…

EDA: $986,157 in CARES Act Recovery Assistance Invested to Support Workforce Development Efforts in Northern Colorado

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $986,157 CARES Act Recovery Assistance grant to Larimer County, Colorado, to update and expand workforce development strategies and sector partnerships in the region. This EDA grant, to be matched with $246,539 in local investment, is expected to create 495 jobs. “The Biden…

EDA: $900,000 in CARES Act Recovery Assistance Invested to Support Economic Recovery and Resiliency Efforts in the Inland Empire

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $900,000 CARES Act Recovery Assistance grant to the University of California, Riverside, to provide technical assistance to small businesses to bolster the region’s ability to withstand future economic disruptions. This EDA grant will be matched with $416,461 in local investment. “President Biden…

EDA: $700,000 Invested to Support a Multi-Purpose Community Facility in Brownsville, TX

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $700,000 grant to the city of Brownsville, Texas, to renovate a former warehouse to create the Cannery Public Market, a multi-purpose community building in the Mitte Cultural District. This EDA grant will be matched with $1.1 million in local investment. “The Economic…