Entrepreneurs

EDA: $2 Million Invested to Boost Manufacturing and Entrepreneurial Development in Clearfield, PA 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 the Clearfield County Economic Development Corporation to help construct a new facility that can accommodate manufacturing and entrepreneurial tenants. The EDA grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will…

EDA: $900k Grant Awarded to Support Advanced Manufacturing Businesses in Brownsville, TX Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $900,000 grant to the Brownsville Community Improvement Corporation of Brownsville, Texas, to establish a state-of-the-art center that will help nurture the growth of technology-based entrepreneurial ventures. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with…

EDA: Investment Made to Support Entrepreneurial Growth in Russell, PA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $860,000 grant to the Pennsylvania Wilds Center for Entrepreneurship Inc., Russell, Pennsylvania, to assist in the creation of the Pennsylvania Wilds Maker Marketplace and virtual retail platform. The grant, to be matched with $277,500 in local investment, is expected to create 75…

SBA: Funding Awarded to Organizations Delivering Entrepreneurship Training to Service-Disabled Veterans

The  U.S. Small Business Administration this week announced $300,000 in grants has been awarded to four organizations offering entrepreneurship training to service-disabled veterans. The funding opportunity, offered by SBA’s Office of Veterans Business Development, supports each organization’s programs for service-disabled veterans planning to start a new business or expand and diversify existing small businesses. Each awardee was chosen…

SBA: America’s Small Businesses Invited to Tell Their Story

The U.S. Small Business Administration is now accepting nominations for its 2020 National Small Business Week Awards, including the annual Small Business Person of the Year. For more than 50 years, National Small Business Week has celebrated the inspiring achievements of America’s small businesses and the countless contributions they make to their local communities, and to…

SBA: Grants Awarded to 24 Organizations to Support Small Business Innovation and R&D Commercialization

The U.S. Small Business Administration granted 24 awards up to $125,000 per recipient in FY 2019 under its Federal and State Technology (FAST) Partnership Program.  FAST’s objective is to improve outcomes for underrepresented entrepreneurs in SBA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs and increase participation for women-owned, rural-based, and…

EDA: $1.25 Million Invested to Expand Missouri State University Business Incubator

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.25 million grant to Missouri State University, Springfield, Missouri, to expand its business incubator located in the Robert W. Plaster Free Enterprise Center. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be…

SBA: Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition Winners Announced

Today, the U.S. Small Business Administration Acting Administrator Chris Pilkerton announced the winners of the Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition. The SBA awarded $1 million in prize money to competition winners. “It is my privilege to announce the twelve winners of the SBA’ s MaTCH Pilot Competition. The MaTCH competition is a testament…

EDA: $986,000 Investment Made to Establish Kitchen Incubator and Business Accelerator in Millersburg, KY

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $986,000 grant to Community Ventures Corporation to convert the first floor of McIntyre/Rankin Hall located on the former Millersburg Military Institute property into a full-service kitchen incubator and business accelerator. The grant, to be matched with $766,615 in local investment, is expected…

EDA: $7.5 Million Invested to Help Establish the Tampa Bay Innovation Center Incubator

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.5 million grant to the Pinellas County Board of Supervisors of Clearwater, Florida, to help build the Tampa Bay Innovation Center Incubator, a 45,000 square foot state-of-the-art business facility. The project, to be located in a Tax Cuts…