EDA

EDA: $7.4 Million Invested to Support Workforce Training and Emergency Management Efforts in Disaster-Impacted Areas of California

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $7.4 million in the state of California to support disaster-related workforce training and emergency management efforts. The EDA grants will be matched with $1.075 million in local investment. “Ensuring that communities have the trained workforce and adequate planning…

EDA: Investment Made to Support Business Education in New York

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $800,000 grant to TruFund Financial Services, Inc., of New York, New York to support the Hunts PoinEt Growth and Resiliency Program. The two-year program will provide business education classes and one-on-one counseling led by TruFund staff and subject matter experts. The EDA…

EDA: Investment Made to Support Entrepreneurial and Start-up Growth in West Virginia

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $708,300 grant to New River Gorge Regional Development Authority in Beckley, West Virginia to promote business development, job creation, job retention, and private investment in Southern West Virginia by expanding WV HIVE entrepreneur and business assistance programs. The EDA grant project, to…

EDA: $550,000 Invested to Support Critical Infrastructure to New Industrial Park in Belchertown, MA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $550,000 grant to the Massachusetts Development Finance Authority of Boston, Massachusetts to make critical infrastructure improvements needed to support the development of a new 17-acre industrial site in Belchertown. The EDA grant project, to be located near a Tax Cuts and Jobs Act designated Opportunity…

EDA: $2 Million Invested to Make Critical Wastewater Infrastructure Improvements in Fort Fairfield, ME

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Fort Fairfield Utilities District of Fort Fairfield, Maine to support the local business community by replacing the town’s existing 60-year-old wastewater treatment facility. The EDA grant will be matched with $4.4 million…

EDA: $1.6 Million Invested to Support Growth of Wood Products Sector in Clarke County, AL

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 Clarke County, Alabama to make infrastructure improvements at North Clark Industrial Park needed to support a new lumber mill operation. The EDA grant, to be matched with $1.1 million in local funds, is…

EDA: $1.6 Million Invested to Support Business Development and Disaster Efforts in South Carolina

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $1.6 million in the state of South Carolina to stimulate private investment and help protect businesses from future severe weather events. The EDA grants, to be matched with $775,148 in state and local funds, are expected to create…

EDA: $1.2 Million Invested to Aid Redevelopment of Historic Rail Yards in Albuquerque, NM

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 city of Albuquerque, New Mexico, to provide infrastructure improvements needed to aid the redevelopment of the city’s historic Rail Yards. The EDA grant, to be located near two Tax Cuts and Jobs Act designated Opportunity…

EDA: $2 Million Invested to Support Business Incubation and Workforce Training Efforts in Billings, MT Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Big Sky Economic Development Authority of Billings, Montana, to renovate an existing building to house the Rock 31 Connect Build Grow business incubator. The EDA grant, to be located in a Tax Cuts and…

EDA: $1.6 Million Invested to Establish Business Revolving Loan Fund in Youngstown, OH

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 the Mahoning Valley Economic Development Corporation (MVEDC) of Youngstown, Ohio, to establish a new Revolving Loan Fund (RLF) in support of small businesses and entrepreneurs. The EDA grant, to be located near a Tax…