EDA

EDA: $1 Million Invested to Support Entrepreneurs and Small Businesses in Gulfport, MS

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the Southern Mississippi Planning and Development District of Gulfport, Mississippi, to recapitalize an existing Revolving Loan Fund in support of small businesses and entrepreneurs. According to grantee estimates, the project is expected to…

EDA: $830,000 Invested to Make Critical Pier Improvements to Support Business Growth in Rockland, ME

The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $830,000 grant to the City of Rockland, Maine, to renovate the Rockland Commercial Fish Pier. The renovated structure will support current business needs and future economic growth. According to grantee estimates, the project is expected to retain 86 jobs. “We commend the City…

EDA: $600,000 Invested to Expand Entrepreneurial Services and Business Assistance in Shreveport, LA

The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the Biomedical Research Foundation of NW Louisiana of Shreveport, Louisiana, to expand the foundation’s Entrepreneur Accelerator Program, providing services and support to new businesses in the area. According to grantee estimates, the project is expected to create 100 jobs, retain…

EDA: $703,000 Investment Made for Critical Infrastructure Improvements to Support Business Growth in Watertown, NY

The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $703,000 grant to the Jefferson County Industrial Development Agency of Watertown, New York, to make water and fiber-optic cable infrastructure improvements needed to attract business development at the new complex located at the Watertown International Airport. According to grantee estimates, the project is…

EDA: $615,000 Investment Made for Critical Infrastructure Improvements to Support Business Growth in Brunswick, ME

The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $615,000 grant to the Midcoast Regional Redevelopment Authority of Brunswick, Maine, to repair and upgrade sanitary sewer pumps needed to support industrial and commercial business development in the community. “We commend the Midcoast Regional Redevelopment Authority for working to generate economic opportunities by…