EDA: $1 Million Invested to Upgrade Infrastructure and Boost Business Development in Las Cruces, NM Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the Regents of New Mexico State University, Las Cruces, New Mexico, to make critical infrastructure improvements at New Mexico State University’s Arrowhead Park. The EDA grant, to be located in a Tax Cuts and…
EDA: $2.45 Million Invested to Improve Stormwater Infrastructure in Support of Business Growth in Atlantic City, NJ
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.45 million grant to Atlantic City, New Jersey, to make stormwater infrastructure improvements needed to protect downtown businesses from flooding and facilitate the location of new businesses, including major medical and energy enterprises. The EDA grant, to…
EDA: Over $82 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic
The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: August 28, 2020 – U.S. Department of Commerce Invests $13 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small…
EDA: $1.2 Million Invested to Establish New Business Park in Richfield, NY
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the County of Otsego Industrial Development Agency, Oneonta, New York, to establish the Richfield Springs Eco-Industrial Business Park. The EDA grant, to be matched with $325,000 in state funds and $875,000 in local…
EDA: U.S. Department of Commerce Kicks Off STEM Talent Challenge, Strengthening Regional Innovation Economies
Today, U.S. Secretary of Commerce Wilbur Ross announced the opening of the Economic Development Administration’s (EDA) STEM Talent Challenge, which aims to support organizations’ efforts to boost local science, technology, engineering, and math (STEM) talent and workforce development models across the nation’s growing innovation economies. The $2 million STEM Talent Challenge will provide funding to…
EDA: Over $54 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic
The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: August 21, 2020 – U.S. Department of Commerce Invests $17.8 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small…
EDA: $3.5 Million Invested in Disaster Resilient Infrastructure to Boost Tech-based Economic Development in Ruston, LA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.5 million grant to the city of Ruston, Louisiana, to make disaster resilient infrastructure improvements needed to advance Ruston as a hub for technology-based economic development. The EDA grant, to be located in a Tax Cuts and Jobs…
EDA: $3 Million Invested to Establish a New Manufacturing Industrial Park in Woodland, WA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Port of Woodland, Woodland, Washington, to support the full infrastructure buildout of the Rose Way Industrial Park to serve light-manufacturing industries in the region. The EDA grant, to be matched with $1.5…
EDA: $4 Million Invested to Establish Workforce Training Center in Mandan, ND
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the North Dakota Association of Rural Electric Cooperatives, Mandan, North Dakota, to construct a new lineworker training facility in Mandan. The EDA grant will be matched with more than $1 million in local…
EDA: $2.9 Million Invested to Provide Critical Rail Infrastructure to Serve Industrial Park in Butte, MT
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million grant to Butte-Silver Bow Consolidate Local Government, Butte, Montana, to construct a new rail line within the City-County of Butte-Silver Bow Industrial Park to support business growth in the region. The EDA grant, to be…