EDA: $2.5 Million Invested to Support Business Retention and Expansion Efforts in Barboursville, WV
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the Pea Ridge Public Service District, Barboursville, West Virginia, to extend public sanitary sewer services to local businesses and allow for future economic growth. This EDA grant, to be matched with $975,000 in…
EDA: Department of Commerce Awards $29 Million in SPRINT Challange Grants to Respond to the Coronavirus Pandemic
U.S. Secretary of Commerce Gina Raimondo today announced that a total of $29 million would be awarded to 44 organizations as part of the Economic Development Administration’s (EDA) Scaling Pandemic Resilience Through Innovation and Technology (SPRINT) Challenge. Last year, the SPRINT Challenge was launched to harness America’s entrepreneurial potential to address the economic, health, and…
EDA: $4 Million in CARES Act Recovery Assistance Invested to Boost Aerospace Workforce Training Efforts in Oklahoma
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million CARES Act Recovery Assistance grant to Southern Tech, Ardmore, Oklahoma, to help build their Aerospace Airframe and Powerplant Certification Training facility. This EDA grant, to be matched with $1 million in local investment, is expected…
EDA: $3.4 Million in CARES Act Recovery Assistance INvested to Boost Tourism and Manufacturing Growth Efforts in Tennessee
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.4 million in CARES Act Recovery Assistance grants to help the state of Tennessee prevent, prepare for, and respond to coronavirus by supporting local tourism and manufacturing growth strategies. “The Biden Administration is committed to getting our tourism…
EDA: $2.85 Million in CARES Act Recovery Assistance Invested to Aid Reopening of Alaska’s Tourism Economy
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.85 million CARES Act Recovery Assistance grant to the Alaska Travel Industry Association, Anchorage, Alaska, to implement emergency efforts needed to aid in the reopening of the state’s tourism economy. This EDA grant will be matched with…
EDA: $2.5 Million in CARES Act Recovery Assistance Invested to Support Business Capital Needs in Missouri
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $2.5 million in CARES Act Recovery Assistance grants to provide the capital needed to seed new businesses and support the growth of established businesses impacted by the coronavirus pandemic. “President Biden is committed to unleashing the full power…
EDA: $1.99 Million in CARES Act Recovery Assistance Invested to Help Establish New Hospital in Lake City, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.99 million CARES Act Recovery Assistance grant to the city of Lake City, South Carolina, to make water and sewer infrastructure improvements needed to serve a new hospital building in the region. This EDA grant will be…
EDA: $1 Million in CARES Act Recovery Assistance Invested to Create Business Resource Center in Pleasanton, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to the city of Pleasanton, Texas, to renovate a former downtown elementary school for use as a business center that will support economic development growth in downtown Pleasanton and provide…
EDA: $800,000 in CARES Act Recovery Assistance Invested to Boost Broadband Capacity and Business Development Efforts in Virginia
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 CARES Act Recovery Assistance grant to the Mid-Atlantic Broadband Communities Corporation, South Boston, Virginia, to increase broadband capacity in southern and central Virginia and bolster the region’s ability to withstand future economic disruptions. This EDA grant will be matched with $200,000…
EDA: $600,000 Invested to Capitalize Revolving Loan Fund to Provide Capital to Businesses in Lee and Russell Counties, AL
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to Lee-Russell Council of Governments, Opelika, Alabama, to capitalize a revolving loan fund that will provide critical gap financing to new and existing small and medium-sized businesses in Lee and Russell counties. This EDA grant will be matched with $150,000…