EDA: Over $17 Million in American Rescue Plan Funds Invested Last Week
Last week, the following grants were made under the American Rescue Plan Funds program: August 10, 2022 – U.S. Department of Commerce Invests $587,395 in American Rescue Plan Funds to Strengthen Economic Development Organizations in Mayaguez, Puerto Rico August 9, 2022 – U.S. Department of Commerce Invests $5.4 Million in American Rescue Plan Funds to Support Workforce…
SBA: Local Blitz Launched Touting Opportunities for Small Businesses to Help Build the Future of America
Ahead of a newly announced proclamation by President Biden to celebrate American workers, products and services in recognition of Made in America Week, SBA officials and members of the small business community participated in a series of engagements for the SBA’s “Build America, Buy American Month of Action.” From op-eds and interviews in local media outlets to…
SBA: Two Federal Advisory Committees Announced to Accelerate American Innovation and Access to Capital to Small Businesses and Startups
Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses and startups in President Biden’s Cabinet, announced the establishment of two new federal advisory committees, the Invention, Innovation, and Entrepreneurship Advisory Committee (IIEAC) and the Investment Capital Advisory Committee (ICAC), to accelerate support for startups driving critical innovation across…
EDA: $46 Million in American Rescue Plan Funds Invested Last Week
Last week, the following grants were made under the American Rescue Plan Funds program and the CARES Act Recovery Assistance program: July 27, 2022 – U.S. Department of Commerce Invests $3.3 Million in American Rescue Plan Funds for Infrastructure Upgrades to Support Business and Job Growth in Douglas, Massachusetts July 27, 2022 – U.S. Department of Commerce…
EDA: $3 Million Invested to Boost Entrepreneurial Growth in Marion, IL
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Watermark Auto Group Foundation, Marion, Illinois, to renovate the historic Citadel building to house the Entrepreneurial and Technical Opportunities (EThOs) business incubator. This grant will provide a 21,000-square-foot facility for small business…
SBA: Funding Opportunity to Provide Entrepreneurship Training to Service-Disabled Veterans Announced
Today, the U.S. Small Business Administration announced a new funding opportunity for eligible non-profit organizations, state and local government agencies, private sector firms, and institutions of higher learning to provide entrepreneurship training to service-disabled veterans. The awarded organization(s) can use the funding to market, deliver, and scale existing service-disabled veteran entrepreneurs’ training programs for veterans, service-disabled veterans,…
EDA: Last Week, Over $17 Million in American Rescue Plan Funds Invested
Last week, the following grants were made under the American Rescue Plan Funds program and the CARES Act Recovery Assistance program: June 21, 2022 – U.S. Department of Commerce Invests $3 Million in American Rescue Plan Funds to Support Manufacturing Expansion in Orange County, Indiana June 21, 2022 – U.S. Department of Commerce Invests $3.7 Million in…
SBA: Landmark Collaboration with Historically Black Fraternities and Sororities to Address the Wealth Gap Through Black Entrepreneurship Announced
First of its Kind Agreement That Will Focus on Improving Financial Literacy, Outreach and Capital Access Opportunities Across Communities Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, signed a Strategic Alliance Memorandum (SAM)–an authority unique to the SBA among federal agencies–with…
SBA: Four Million Hard-Hit Businesses Approved for Nearly $390 Billion in COVID Economic Injury Disaster Loans
SBA delivered an unprecedented level of economic aid to small businesses impacted by the pandemic As the country continues to transition from a historic economic recovery to stable, steady growth that works for families and small businesses, Administrator Isabella Casillas Guzman, the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, highlighted the impact…
EDA: National Advisory Council on Innovation and Entrepreneurship Reestablished
32 Leaders in Technology, Innovation, Workforce Development, and Academia Appointed to Council Today, U.S. Secretary of Commerce Gina M. Raimondo announced the appointment of 32 leaders and experts to the National Advisory Council on Innovation & Entrepreneurship (NACIE). NACIE will be charged with developing a National Entrepreneurship Strategy that strengthens America’s ability to compete and win as…