EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Businesses by Improving Lee Boulevard in Lawton, OK
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the city of Lawton, Oklahoma, to make roadway improvements to Lee Boulevard to improve access to the Lawton Industrial Park, Great Plains Technology Institute, and Southwest Medical Center. The EDA grant, to be matched…
EDA: $1.2 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Serve Businesses in Southwest Montana
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the Northern Rocky Mountain Economic Development District, Bozeman, Montana, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to businesses adversely affected by the coronavirus pandemic in Gallatin…
Census Bureau: Data Collection Begins for Phase 4 of Small Business Pulse Survey
In response to the significant and continuing economic disruptions resulting from the coronavirus pandemic and the urgent need for data, the U.S. Census Bureau launched a fourth phase of the Small Business Pulse Survey (SBPS) with data collection on Feb. 15. This experimental survey was designed to measure temporal economic trends in the nation’s small…
SBA: $200 Billion Milestone Reached for Economic Injury Disaster Loan Program to Small Businesses and Non-Profits
Today, the U.S. Small Business Administration reached a milestone in the success of the COVID-19 Economic Injury Disaster Loan (EIDL) program, which has provided U.S. small businesses, non-profits, and agricultural businesses a total of $200 billion in emergency funding. “Following the enactment of COVID-19 emergency legislation, the SBA has now provided more than 3.7 million small businesses…
EDA: $17.3 Million Invested to Support Disaster Recovery and Resiliency Efforts in South Carolina
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $17.3 million in grants to the state of South Carolina to support disaster recovery and resiliency efforts. “EDA is committed to helping communities across South Carolina rebound and build back stronger following natural disasters,” said Dennis Alvord, Acting Assistant Secretary of Commerce for…
EDA: $13.2 Million Invested to Boost Northern Marianas College’s Capacity to Support Business and Job Growth
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $13.2 million grant to Northern Marianas College (NMC), Saipan, Commonwealth of the Northern Mariana Islands, to increase the college’s capacity to support regional economic development. This EDA grant is expected to help create 272 jobs and generate $13.5 million in private investment….
EDA: $10.2 Million in CARES Act Recovery Assistance Invested to Support Economic Growth and Resiliency Efforts in Texas
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $10.2 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “EDA is committed to helping communities across Texas fight economic hardships brought on by COVID-19,” said Dennis Alvord, Acting Assistant Secretary of…
EDA: $8.6 Million Invested to Boost the University of Guam’s Capacity to Support Economic Growth
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $8.6 million grant to the University of Guam, Mangilao, Guam, to increase the university’s capacity to support regional economic development. The EDA grant, to be matched with $1.7 million in local investment, is expected to create 243 jobs. “The damage caused by…
EDA: $5 Million Invested to Make Water System Improvements in Reno, NV
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $5 million grant to the city of Reno, Nevada, to make water infrastructure improvements needed to support regional business and job growth. This EDA grant, to be matched with $9.8 million in local investment, is expected to create 144 jobs and generate…
EDA: $4.2 Million in CARES Act Recovery Assistance Invested to Support Pandemic Response and Resiliency Efforts in Louisiana
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $4.2 million in CARES Act Recovery Assistance grants to help the state of Louisiana prevent, prepare for, and respond to coronavirus. “EDA is committed to helping communities across Louisiana fight economic hardships brought on by COVID-19,” said Dennis Alvord, Acting Assistant Secretary of…