EDA

EDA: $2 Million Invested for Water System Improvements to Support Business Retention and Growth Efforts in Johnson City, TN

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 city of Johnson City, Tennessee, to upgrade the Sinking Creek Pump Station in support of current and future business needs. This EDA grant, to be matched with $3.8 million in local funds,…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Establish Revolving Loan Fund to Assist Small Businesses in Berwyn, IL

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the Berwyn Development Corporation, Berwyn, Illinois, to capitalize a Revolving Loan Fund that will provide critical gap financing to small businesses in the Chicago suburb. This EDA grant, to…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Marketing Plan to Aid Reopening of Tourism Economy in Mississippi Gulf Coast Region

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the Mississippi Gulf Coast Regional Convention and Visitors Bureau, Biloxi, Mississippi, to develop and implement a tourism recovery marketing campaign in response to the economic downturn that resulted from…

EDA: $1.9 Million in CARES Act Recovery Assistance Invested to Boost Broadband Capacity in North Carolina

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million CARES Act Recovery Assistance grant to the Yadkin Valley Telephone Membership Corporation, Yadkinville, North Carolina, to install fiber-optic cable across Davie County. This EDA grant will be matched with $485,729 in local investment. “President Biden…

EDA: $1.8 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Serve Businesses in Yellowstone County, MT

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million CARES Act Recovery Assistance grant to Big Sky Economic Development Corporation, Billings, Montana, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to businesses adversely affected by the coronavirus…

EDA: $1.7 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Serve Businesses in Northern Montana

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million CARES Act Recovery Assistance grant to Bear Paw Development Corporation of Northern Montana, Havre, Montana, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to coronavirus-impacted small businesses in…

EDA: $1.5 Million Invested to Provide Critical Water Infrastructure for New Industrial Park in Ames, IA

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 the city of Ames, Iowa, to construct critical water infrastructure to allow for development and business growth at the Prairie View Industrial Center. This EDA project, to be matched with $3.8 million in…

EDA: $1.3 Million Invested to Support Workforce Training Efforts in Taos, NM

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the Rocky Mountain Youth Corps, Ranchos De Taos, New Mexico, to construct a new workforce development training facility in Taos, New Mexico. This EDA project will be matched with $315,000 in local funds….

EDA: $1.2 Million in CARES Act Recovery Assistance to Support Manufacturing and Entrepreneurship in Ohio

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $1.2 million in CARES Act Recovery Assistance grants to help the state of Ohio prevent, prepare for, and respond to coronavirus. “The Biden Administration is pleased to support local efforts to jumpstart manufacturing and entrepreneurship in Ohio,” said…

EDA: $1.2 Million Invested to Support Revitalization of Downtown Mill District in Biddeford, ME

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Biddeford, Maine, to support the economic revitalization of city’s downtown mill district by making roadway improvements needed to provide access to the city’s new 650-space parking garage and mill buildings…