EDA: $7 Million Invested to Make Critical Improvements to Maritime Infrastructure in Port Townsend, WA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $7 million grant to the Port of Port Townsend, Washington, to fund the replacement of the Point Hudson Breakwaters. This project will restore storm-damaged maritime infrastructure needed to develop the economic resilience of the region to…
EDA: $2 Million Invested to Support Innovation and Technology Entreprenerus in Akron, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Akron, Ohio, to expand and renovate its Bounce Innovation Hub, a business incubator facility. This investment will support more than 60 start-up businesses and entrepreneurs at the incubator through…
EDA: $1.6 Million Invested to Boost Business and Job Growth in Goldsby, OK
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the town of Goldsby, Oklahoma, to build a wastewater infrastructure system. This grant will provide a sanitary sewer system to support industry and business development in the region. This EDA project will…
EDA: $1.4 Million Invested to Support Entrepreneurial Growth in Central Michigan
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to Central Michigan University, Mount Pleasant, Michigan, for renovations to the Central Michigan University Research Corporation incubator and accelerator. This investment will support local entrepreneurs through office renovation and upgrades to provide a…
EDA: Over $49 Million in American Rescue Plan and CARES Act Recovery Assistance Invested
In the last week, the following grants were made under the American Rescue Plan Funds program or the CARES Act Recovery Assistance Program: May 10, 2022 – U.S. Department of Commerce Invests $3.9 Million in American Rescue Plan Funds to Support Business and Job Growth in Texas May 10, 2022 – U.S. Department of Commerce Invests $5…
EDA: $3 Million in CARES Act Recovery Assistance Invested to Expand High-Speed Internet in Michigan’s Eastern Upper Peninsula
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to Merit Network, Inc., Ann Arbor, Michigan, to support construction of a 70-mile, middle-mile fiber optic infrastructure, which will expand access to high-speed internet in the region. The project…
EDA: Over $52.4 Million in American Rescue Plan Funds Invested to Support Economic Development and Put People Back to Work
These projects were made possible by regional planning efforts led by the South Carolina Appalachian Council of Governments (SCACOG). EDA funds SCACOG to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment, and create jobs. This project is funded under EDA’s American…
EDA: $1 Million Invested for Critical Infrastructure to Support Business Growth in Guymon, OK
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the city of Guymon, Oklahoma, to expand and improve the wastewater system at its industrial park. This investment will support the expansion of existing businesses and attract others to the city’s industrial…
EDA: $3 Million in American Rescue Plan Funds Invested to Support Workforce Development in Southern California’s Entertainment Industry
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $3 million grant to the Shakespeare Center of Los Angeles, Inc., Los Angeles, California, for renovations to a 6,688-square foot warehouse needed to train and upskill workers in Southern California’s entertainment industry. This grant is funded by the American Rescue Plan. This…
EDA: $2.4 Million Invested to Support Life Sciences Industry in Murrieta, CA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the city of Murrieta, California, for renovations to the Murrieta Innovation Center needed to develop a life science startup incubator. This project will support business growth and job creation by supporting entrepreneurs,…