EDA

EDA: $2.2 Million Invested to Boost Economic Diversification Efforts in Ohio’s 18-County Appalachian Region

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to Ohio University, Athens, Ohio, to provide technical assistance to accelerate the economic transition to new industries in 18 counties in Appalachian Ohio. The EDA grant will be matched with $550,000 in local funds….

EDA: $5 Million Invested in CARES Act Recovery Assistance to Support Reopening of Tourism Economy in Florida

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million CARES Act Recovery Assistance grant to the Florida Tourist Industry Marketing Corporation, Inc., Tallahassee, Florida, to develop and implement a collaborative statewide tourism recovery marketing campaign to respond to the extreme economic injury caused to…

EDA: $3.8 Million Invested to Provide Critical Hospital Infrastructure Enhancements in Mobile, AL

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million grant to the University of South Alabama, Mobile, Alabama, to install a new emergency generator system to ensure consistent and reliable power for the University Hospital. The EDA grant will be matched with more than…

EDA: $1.6 Million Invested to Support Research and Education in Pittsburg, KS Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to Pittsburg State University, Pittsburg, Kansas, to provide instrumentation and equipment to the newly established National Institute for Materials Advancement at the Kansas Polymer Research Center. The EDA grant, to be located in a Tax…

EDA: $2.9 Million in CARES Act Recovery Assistance Invested to Create Center for National Pandemic Resliency in Biosciences in St. Louis, MO

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million CARES Act Recovery Assistance grant to BioSTL, St. Louis, Missouri, to create the Center for National Pandemic Resilience in Biosciences. The EDA grant, to be matched with $741,030 in local investment, is expected to create…

EDA: $1.7 Million in CARES Act Recovery Assistance Invested to Boost Kansas State University Efforts for Coronavirus Pandemic

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million CARES Act Recovery Assistance grant to Kansas State University, Manhattan, Kansas, to modernize and retool the University’s Technology Development Institute in response to adverse economic impacts caused by the coronavirus pandemic. The EDA grant, to…

EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Capitalize Revloing Loan Fund in Del Norte County, CA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the Arcata Economic Development Corporation, Eureka, California, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to small businesses and entrepreneurs adversely affected…

EDA: $8 Million Invested in CARES Act Recovery Assistance to Establish Revolving Loan Fund in Colorado

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding an $8 million CARES Act Recovery Assistance grant to Colorado Lending Source, LTD, Denver, Colorado, to establish a Revolving Loan Fund (RLF) that will provide critical loans to small businesses and entrepreneurs adversely affected by the coronavirus pandemic…

EDA: $500,000 Invested in CARES Act Recovery Assistance to Support Small Businesses Statewide in Louisiana

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to the Good Work Network, New Orleans, Louisiana, to create a statewide virtual business training center that will provide resources for small- and minority-owned businesses. The project, to be matched with $135,000 in local funds, is expected to create 80…

EDA: Investment Made to Establish Disaster Resilient Workforce Training Center in Northern Mariana Islands Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is making a critical recovery award using Fiscal Year 2019 Disaster Supplemental funds to Northern Marianas College (NMC), Saipan, Northern Mariana Islands, to construct a three-story, approximately 20,158 square foot, typhoon resistant, ADA compliant Workforce Development and Training Center. The…