EDA: Over $54 Million in American Rescue Plan Funds Invested Last Week
The following grants were made under the American Rescue Plan Funds program: September 13, 2022 – U.S. Department of Commerce Invests $6.7 Million in American Rescue Plan Funds to Support Tourism Sector Through Development of New Visitor Infrastructure in Matanuska-Susitna Borough, Alaska September 13, 2022 – U.S. Department of Commerce Invests $5.8 Million in American Rescue Plan…
EDA: $3.1 Million Invested to Support Business Development and Job Growth in North Carolina
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.1 million in grants to support business development and job growth in North Carolina communities impacted by the declining use of coal. Gateway Research Park Inc., Greensboro, will receive a $2.1 million grant to expand a manufacturing facility…
EDA: $4 Million Invested to Boost Workforce Development Efforts in Panola County, MS
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to Panola County, Mississippi, to renovate a former outlet mall building for use as a workforce training center that will serve North Mississippi. This project will help establish the Concourse, a vocational and technical…
EDA: Over $47 Million in American Rescue Plan Funds Invested Last Week
The following grants were made under the American Rescue Plan Funds program: September 6, 2022 – U.S. Department of Commerce Invests $4.7 Million in American Rescue Plan Funds to Support Small Businesses on Fort Apache Indian Reservation September 6, 2022 – U.S. Department of Commerce Invests $3.5 Million in American Rescue Plan Funds for Water Utility Improvements…
EDA: $3.2 Million Invested for Trail Upgrades to Boost Tourism and Create Jobs in Columbia, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the Irmo Chapin Recreation Commission, Columbia, South Carolina, for completion of the Lower Saluda Greenway, a recreational trail. This project will provide for construction of two miles of trail and related infrastructure, boosting…
EDA: President Biden Announces 21 Winners of $1 Billion American Rescue Plan Regional Challenge
Funding Provides Regional Investments to Transform Local Economies, Create Good-Paying Jobs, Jumpstart Emerging Industries, and Prepare Workforce for the Future Today, President Biden will announce the 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by…
EDA: Over $56 Million in American Rescue Plan Funds Invested Last Week
Last week, the following grants were made under the American Rescue Plan Funds program: August 30, 2022 – U.S. Department of Commerce Invests $15.4 Million in American Rescue Plan Funds to Bolster Infrastructure for Business and Job Growth in West Virginia August 30, 2022 – U.S. Department of Commerce Invests $6 Million in American Rescue Plan Funds…
EDA: $1.5 Million Invested for Critical Infrastructure Needed to Establish Multi-Modal Facility in Jefferson City, MO
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Cole County, Missouri, for rail and transportation infrastructure improvements needed to support economic development in the region. This project will provide a rail spur and other transportation-related infrastructure needed to establish a multi-modal…
EDA: $2 Million Invested for Water System Upgrades to Support New Businesses in Augusta, GA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Development Authority of Augusta, Augusta, Georgia, to boost business and job growth by providing water and sewer improvements at the Augusta Corporate Park. This project will provide the infrastructure necessary to accommodate…
SBA: Improved Surety Bond Process Announced to Provide Streamlined Support for Local Infrastructure Contractors
Improvements are expected to increase and speed access to opportunities related to Infrastructure Investment and Jobs Act The U. S. Small Business Administration (SBA) announced changes today to streamline the submission of Work-in-Process (WIP) information small businesses provide when receiving bonding support through the Surety Bond Guarantee (SBG) Prior Approval Program. Surety bonding is required for any business to bid on…