Economic Development

EDA: $6 Million Invested to Support Workforce Development in the Northern Mariana Islands

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $6 million grant to the Commonwealth of the Northern Mariana Islands Public School System, Saipan, Northern Mariana Islands, to support construction of a vocational training facility. The EDA grant, to be matched with $6 million in…

EDA: $4.4 Million Invested for Wastewater Treatment Upgrades to Support Business Growth in Sheffield, AL

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to the city of Sheffield, Alabama, to make wastewater treatment upgrades needed to support economic growth and job creation. The EDA grant will be matched with $1.4 million in local investment. “President Biden…

EDA: $4 Million Invested to Support Electric Vehicle Manufacturing in Detroit, MI

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the city of Detroit, Michigan, to reconstruct deteriorating roads in support of an automobile manufacturing plant that will begin producing all-electrical vehicles. This EDA project, to be matched with $6.7 million in…

EDA: $2.75 Million Invested to Support Workforce Development Efforts in Coos Bay, OR

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.75 million grant to Southwestern Oregon Community College, Coos Bay, Oregon, to support the renovation and modernization of existing instructional space. This EDA project, to be matched with $2.75 million in local funds, is expected to…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Boost Economic Recovery Efforts in Hartford, CT

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the Connecticut Department of Economic and Community Development (DECD), Hartford, Connecticut, to develop economic recovery strategies that will strengthen, diversify, and add resilience to the regional economy. This…

EDA: $2 Million in CARES Act Recovery Assistance Invested for Water Infrastructure Improvements in Aberdeen, SD

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the city of Aberdeen, South Dakota, to construct a new water tower and waterline to support business expansion. This EDA grant, to be matched with $2.1 million in…

EDA: $1.9 Million Invested to Improve Stormwater Infrastructure in Support of Business Growth in Vinalhaven, ME

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the town of Vinalhaven, Maine, to make stormwater infrastructure improvements needed to protect downtown businesses from flooding and to promote business growth. This EDA project will be matched with $1.9 million in…

EDA: $820,123 in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Support Small Businesses in Southeast Nebraska

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $830,123 CARES Act Recovery Assistance grant to the Southeast Nebraska Development District, Lincoln, Nebraska, to capitalize and administer a Revolving Loan Fund, providing gap financing to small, local businesses in Butler, Fillmore, Gage, Jefferson, Johnson, Lancaster, Nemaha, Otoe, Pawnee, Polk, Richardson, Saline,…

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…

HUD: HBCU Center of Excellence Grants Announced

Howard University and Texas Southern University to receive $5.5 million total in housing and economic development research grants The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced a total of $5.5 million will be awarded to two Historically Black Colleges and Universities (HBCUs). Howard University and Texas Southern University will received $4.5 million…