EDA: $748,849 Invested to Boost Manufacturing Business Growth in Tennessee
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $748,849 grant to the University of Tennessee, Knoxville, Tennessee, to bolster Tennessee’s manufacturing sector. This grant will develop and implement a manufacturing growth model designed to improve workforce participation across Tennessee. The model will focus on distressed, disaster impacted, and coal impacted…
EDA: $1.6 Million Invested for Water and Sewer System Upgrades Needed to Support Trucking Industry in Spindale, NC
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the town of Spindale, North Carolina, for water and sewer system improvements needed to support business growth and job creation in a region impacted by fluctuations in the energy economy. This project will provide…
EDA: $1.2 Million Invested for Sewer System Upgrades Needed to Support Manufacturing in Swainsboro, GA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Emanuel County Development Authority, Swainsboro, Georgia, for sewer infrastructure improvements needed to support local business growth and job creation. This grant will provide for sewer system upgrades at the I-16 Industrial Park needed…
SBA: SBIC Modernization Final Rule Issued to Support Reforms to Transform Public-Private Investment
Small Business Investment Company Program modernization will seed America’s next generation of fund managers while increasing funding for underserved and undercapitalized markets Today, Administrator Isabella Casillas Guzman announced the U.S. Small Business Administration (SBA)finalized a rule to modernize the Small Business Investment Company (SBIC) Program. Part of President Biden’s Investing in America Agenda, the SBIC Investment Diversification and Growth Rule will…
EDA: $3 Million Invested for Waste System Upgrades Needed to Support Manufacturing in Wythe County, VA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the New River Regional Water Authority in Austinville, Virginia, for water infrastructure improvements needed to support local business growth and job creation. This grant will expand the existing water treatment facility to boost its…
EDA: $2 Million Invested to Support Manufacturing Workforce Training Efforts in Williamsport, PA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Pennsylvania College of Technology in Williamsport, Pennsylvania, to support workforce development and create jobs in clean energy manufacturing and other sectors. This grant will support construction of the new Clean Energy Center House…
EDA: $2 Million Invested to Capitalize a Revolving Loan Fund and Support Small Businesses in Nashville, TN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Greater Nashville Regional Council in Nashville, Tennessee, to capitalize and administer a Revolving Loan Fund (RLF) serving small businesses in thirteen counties throughout Northern Middle Tennessee. The RLF will support businesses facing obstacles…
EDA: $1.4 Million Invested to Support Aviation Workforce Development in Southeastern Utah
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to Carbon County, Utah, to support aviation maintenance workforce development in a region impacted by changes in the energy economy. This project will support the development of an aircraft maintenance technician training facility and hangar…
EDA: $1.3 Million Invested to Boost Workforce Training in Niagara County, NY
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to Niagara University in Niagara, New York, to bolster workforce development in the region. This grant will support the renovation of an existing building for use as a workforce training center focusing on vocational education…
EDA: $2 Million Invested to Support Business and Job Growth in Adams County, OH
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Adams County Regional Water District in West Union, Ohio, for water infrastructure upgrades to serve the Winchester Industrial Park. This project will provide a 350,000-gallon water tank and water line that will provide…