Economic Development

EDA: $824,000 in CARES Act Recovery Assistance Invested to Support Improvements to the National World War II Museum in New Orleans, LA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $824,000 CARES Act Recovery Assistance grant to the National World War II Museum, Inc., New Orleans, Louisiana, for campus site improvements and for audio and visual technical systems. This EDA grant, to be matched with $230,945 in local investment, is expected to…

EDA: $979,837 in CARES Act Recovery Assistance Invested to Support Agricultural Entrepreneurship in the Federated States of Micronesia

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $979,837 CARES Act Recovery Assistance grant to the College of Micronesia, Pohnpei, Federated States of Micronesia (FSM) to support economic opportunity and food security in the FSM through implementation of an agricultural entrepreneurship program. This EDA grant, to be matched with $72,494…

EDA: $880,640 in CARES Act Recovery Assistance Invested to Boost Broadband Capacity in West Central Colorado

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $880,640 CARES Act Recovery Assistance grant to the Region 10 League for Economic Assistance and Planning, Montrose, Colorado, to improve access to affordable, reliable, and abundant internet service in West Central Colorado. This EDA grant, to be matched with $220,160 in local…

EDA: $520,518 in CARES Act Recovery Assistance Invested to Support Development of Aquaculture Sector in Prince William Sound

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $520,518 CARES Act Recovery Assistance grant to the Chugach Regional Resources Commission, Anchorage, Alaska, to support development of the aquaculture sector in Prince William Sound. This EDA grant, to be matched with $97,235 in local investment, is expected to create 85 jobs…

EDA: $9 Million in CARES Act Recovery Assistance to Support Businesses Capital and Infrastructure Needs in Michigan

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $9 million in CARES Act Recovery Assistance grants to help the state of Michigan prevent, prepare for, and respond to coronavirus. “The Biden Administration is committed to helping Michigan’s economy recover from the challenges of the pandemic,” said…

EDA: $5.3 Million in CARES Act Recovery Assistance Invested to the Russell Center for Innovation and Entrepreneurship to Expand Regional Economic Growth

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.3 million CARES Act Recovery Assistance grant to the Russell Center for Innovation and Entrepreneurship, Atlanta, Georgia, to improve and expand the facility and increase their capacity to promote entrepreneurship, support sustainable economic growth, and create jobs…

EDA: $4.5 Million Invested to Boost Workforce Training Efforts in Mid-Missouri Region

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.5 million grant to the Southern Boone County R-1 School District, Ashland, Missouri, to construct the Ranken-Ashland Skilled Trade Training Facility, a construction trade and medical services workforce development training center in mid-Missouri. This EDA project, to…

EDA: $4.45 Million in CARES Act Recovery Assistance Invested to Improve Smith Reynolds Airport in Winston-Salem, NC

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.45 million CARES Act Recovery Assistance grant to Forsyth County, North Carolina, to repair structural damages at Smith Reynolds Airport in Winston-Salem caused by Hurricane Michael and to offset additional economic adversity caused by the coronavirus pandemic….

EDA: $2.7 Million Invested to Protect Commercial District Businesses from Flooding in Plymouth, NH

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the town of Plymouth, New Hampshire, to make critical infrastructure improvements needed to protect businesses in the Downtown Commercial District from flooding. This EDA grant will be matched with $675,000 in local investment….

EDA: $3 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Serve Small Businesses in 17-County Region of Kentucky

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to Community Ventures Corporation, Lexington, Kentucky, to provide critical gap financing to small businesses economically impacted by the coronavirus pandemic in the Bluegrass Region of Kentucky. This EDA grant will…