EDA: $2.7 Million Invested to Support Growth of Technology Manufacturing Sector in Hancock, MI
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the city of Hancock, Michigan, to provide flood resilient infrastructure for a new a business and technology park that will house technology and technology-driven light manufacturing businesses. This EDA project, to be matched…
EDA: $2.4 Million in CARES Act Recovery Assistance Invested to Establish Revolving Loan Fund to Assist Disadvantaged Entrepreneurs in NY and NJ
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to BOC Capital Corporation, Brooklyn, New York, to capitalize and administer a Revolving Loan Fund that will provide critical gap financing to disadvantaged entrepreneurs in minority communities in New York…
EDA: $2 Million Invested to Support Business Retention and Growth Efforts in Carrollton, KY
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 Carrollton, Kentucky, to support construction of a critical gas pipeline necessary for current and future economic growth and to keep businesses operating through natural disasters. This EDA grant, to be…
EDA: $1.78 Million in CARES Act Recovery Assistance Invested to Support Growth of Tourism Sector in Angoon, AK
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.78 million CARES Act Recovery Assistance grant to the city of Angoon, Alaska, to support growth of the region’s tourism economy. This EDA grant is expected to create 22 jobs and generate $450,000 in private investment. “COVID-19…
EDA: $900,000 Invested to Support Revitalization of Downtown Bladenboro Business District in Elizabethtown, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $900,000 grant to Bladen’s Bloomin’ Agri-Industrial, Inc., (BBAI), Elizabethtown, North Carolina, to support the economic revitalization of the city’s downtown Bladenboro business district. This EDA grant, to be matched with $600,000 in local investment, is expected to create 44. “The Economic Development…
EDA: $5.5 Million in CARES Act Recovery Assistance Invested to Provide Business Capital and Boost Broadband Capacity in Texas
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $5.5 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “President Biden remains steadfast in his support of small businesses as they build back better from the…
EDA: $3.5 Million in CARES Act Recovery Assistance Invested for Infrastructure Improvements and Business Capital Support in New Mexico
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.5 million in CARES Act Recovery Assistance grants to help the state of New Mexico prevent, prepare for, and respond to coronavirus. “President Biden is committed to supporting New Mexico communities as they build back better from the…
EDA: $3.3 Million in CARES Act Recovery Assistance Invested to Support Production of PPE and Develop Related Training in Lowell, MA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.3 million CARES Act Recovery Assistance grant to the University of Massachusetts, Lowell, Massachusetts, to continue the production of PPE and to develop related training and curriculum, creating new job and economic opportunities following the pandemic. “President…
EDA: $4.25 Million in CARES Act Recovery Assistance Invested to Support Workforce Development and Business Resiliency in Texas
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $4.25 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to the coronavirus pandemic. “President Biden is committed to creating new opportunities for employers and businesses as they recover…
EDA: $3.9 Million Invested in CARES Act Recovery Assistance to Support Pandemic Response and Resiliency Efforts in Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.9 million in CARES Act Recovery Assistance grants to help communities and businesses in Virginia respond to the coronavirus pandemic. “President Biden is committed to helping communities grow their critical business clusters to ensure that they not only…