EDA: $3 Million Invested to Support Growing Aviation Technology Cluster in Southern New Jersey
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Atlantic County Improvement Authority, Atlantic City, New Jersey, to grow the region’s critical aviation technology cluster by constructing a new office building that will provide growing aviation companies with the office space…
EDA: $2.5 Million Invested to Enhance Workforce Competitiveness and Manufacturing Resiliency in Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the Institute for Advanced Learning and Research (IALR), Danville, Virginia, to purchase equipment needed to support advanced manufacturing workforce training initiatives. This EDA grant, to be matched with more than $2.5 million in…
EDA: $2.3 Million in CARES Act Recovery Assistance Invested to Support Rural Economic Recovery in Colorado
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million CARES Act Recovery Assistance grant to the Colorado Department of Local Affairs, Denver, Colorado, to help rural Colorado communities develop economic recovery and resiliency plans needed to support the growth of regional economies and businesses…
EDA: $2.25 Million in CARES Act Recovery Assistance Invested to Boost Recovery Efforts of Small Businesses Across the Southeast
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.25 million CARES Act Recovery Assistance grant to Operation Hope, Inc., Atlanta, Georgia, to support small business coronavirus pandemic response and resiliency efforts in the southeastern United States. This EDA grant will be matched with $567,918 in…
EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Pipeline Workforce Training Efforts, in Fairbanks, AK
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Fairbanks Pipeline Training Center Trust, Fairbanks, Alaska, to acquire heavy-duty equipment needed to expand workforce training efforts. This EDA grant, to be matched with $499,040 in local investment, is…
EDA: $1.25 Million in CARES Act Recovery Assistance Invested to Expand Fairview Regional Medical Center in Fairview, OK
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.25 million CARES Act Recovery Assistance grant to the city of Fairview, Oklahoma, to assist in the expansion of the outpatient therapy department of Fairview Regional Medical Center. This EDA grant, to be matched with $336,199 in…
EDA: $500,000 in CARES Act Recovery Assistance Invested to Support Safe Businesses Reopening Efforts in Redmond, WA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 CARES Act Recovery Assistance grant to OneRedmond, Redmond, Washington, to provide technical assistance needed to help coronavirus-impacted small businesses reopen safely and successfully. This EDA grant, to be matched with $160,000 in local investment, is expected to create or retain 2,000…
SBA: Changes to Paycheck Protection Program by Biden-Harris Administration Increases Equitable Access to Relief
Early indications show program reforms and efforts to engage with communities authentically are working in meaningful ways. Two weeks ago, the Biden-Harris Administration made several reforms to the Paycheck Protection Program (PPP) to further ensure small businesses get the help they need, especially Mom-and-Pop businesses in underserved communities. Putting equity at the center of its policies and…
Census Bureau: Small Business Pulse Survey Phase 4 Weekly Data Released
The U.S. Census Bureau today released new data from the fourth phase of the Small Business Pulse Survey (SBPS). Data collection began Feb. 15. Results will be released weekly Feb. 25 to April 22. The SBPS includes questions on topics such as location closings, changes in employment, disruptions in the supply chain, the use of federal assistance initiatives such…
EDA: $5.5 Million in CARES Act Recovery Assistance Invested to Support Industrial, Tourism, and Manufacturing Growth and Resiliency Efforts in Tennessee
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $5.5 million in CARES Act Recovery Assistance grants to help the state of Tennessee prevent, prepare for, and respond to coronavirus. “The Economic Development Administration is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the…