SBA: Up to $300,000 Announced to Fund Women’s Business Centers in Puerto Rico
The U.S. Small Business Administration announced the availability of $300,000 for up to two new grant opportunities for established and aspiring Women’s Business Center (WBC) host organizations. When funded, the WBC’s will provide outcome-oriented business services for women entrepreneurs in Puerto Rico. The White House recently held a Working Group meeting that SBA Administrator Isabel Casillas Guzman attended to…
SBA: Opening of Paycheck Protection Program Direct Forgiveness Portal Announced
New portal will streamline applications for loans $150K or less for over 6.5 million businesses The U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA. “The SBA’s new streamlined application portal will simplify forgiveness for…
SBA: New Milestone Reached with $7.5 Billion in Shuttered Venue Operators Grants Awarded to over 10,000 Venues
Unique program distributes grants to venues in the nation’s 50 states and several U.S. territories directly impacted by COVID-19 Today, the U.S. Small Business Administration reached a new milestone of successfully awarding over $7.5 billion in Shuttered Venue Operators Grants (SVOGs) to more than 10,000 hard-hit live entertainment small businesses, nonprofits, and venues. The SVOG program is designed to…
EDA: U.S. Department of Commerce Announces Americas Competitveness Exchange Colorado
Senior Officials from Across the Western Hemisphere and other Nations to Visit Colorado’s Innovative Solutions to Economic Recovery Today, the U.S. Department of Commerce’s Economic Development Administration (EDA), in coordination with the International Trade Administration (ITA), U.S. Department of State, and the Organization of American States (OAS), announced that a high-level delegation of global and…
EDA: Historic $3 Billion Economic Development Investment in America’s Commnunities Announced
Historic investment from President Biden’s American Rescue Plan represents the largest economic development initiative in decades Communities across the country will be able to apply for funding immediately Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department of Commerce’s Economic Development Administration (EDA) will implement a series of programs, collectively called Investing…
EDA: $4.9 Million in CARES Act Recovery Assistance Invested to Support Kenosha Innovation Neighborhood Project in Kenosha, WI
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.9 million CARES Act Recovery Assistance grant to the city of Kenosha, Wisconsin, for road and sewer infrastructure improvements at the 107-acre Kenosha Innovation Neighborhood project. This EDA grant, to be matched with $7.4 million in…
EDA: $2.4 Million in CARES Act Recovery Assistance Invested to Expand Broadband Infrastructure in Washtenaw County, MI
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to Ann Arbor SPARK, Ann Arbor, Michigan, to construct 20 miles of underground fiber optic cable in the cities of Ann Arbor and Ypsilanti to attract and retain high-tech…
EDA: $1.8 Million in CARES Act Recovery Assistance Invested to Create Revolving Loan Fund for Small Businesses in Cuyahoga County, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million CARES Act Recovery Assistance grant to the Urban League of Greater Cleveland, Inc., Cleveland, Ohio, to capitalize and administer a Revolving Loan Fund (RLF) to provide critical gap financing to small businesses located in…
EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Support Growth of Advanced Manufacturing, Life Sciences, and Technology Sectors in Fall River, MA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the city of Fall River, Massachusetts, to support infrastructure upgrades needed to expand three local industrial parks that accommodate advanced manufacturing, life sciences and technology sector businesses. This…
EDA: $1 Million in CARES Act Recovery Assistance Invested to Create a Workforce Training Facility and Community Center in Espanola, NM
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 Rio Arriba County, New Mexico, to renovate a former charter school to create a pipefitting workforce training facility and a community center. This EDA grant, to be matched…