EDA: $1.8 Million Invested to Support Business Retention and Growth in Kailua-Kona, HI
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to the Natural Energy Lab of Hawaii (NELHA), Kailua-Kona, Hawaii, to support business retention and growth initiatives at a sustainable technology park. The EDA grant, to be matched with $459,658 in local investment, is…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Boost Workforce Development at Spoon River College in Illinois
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to Spoon River College, Canton, Illinois, to purchase training equipment and renovate the college’s Vocational & Technical Education Center (VOTEC). This EDA grant is expected to create 275 jobs, retain…
EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Support Trail Improvements and Promote Tourism in Covington, VA
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the County of Alleghany, Covington, Virginia, for trail improvements along the Jackson River and to bolster the local tourism economy. This EDA grant, to be matched with $600,000 in…
EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Assist Disadvantaged Businesses and Entrepreneurs in Bluefield, WV
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the Center for Applied Research and Technology (CART), Bluefield, West Virginia, to provide critical gap financing to disadvantaged businesses and entrepreneurs. This EDA grant, to be matched with $273,750…
SBA: Application Data Results Announced for the Restaurant Revitalization Fund
Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration, today is announcing the latest application data results for the $28.6 billion Restaurant Revitalization Fund (RRF), passed as part of the American Rescue Plan, and signed into law by President Joe Biden. The RRF has received more than 147,000 applications from women, veterans, and socially and…
SBA: 16,000 Restaurant Revitalization Fund Awards Funded
First wave of approved restaurant applicants to receive vital American Rescue Plan funding just one week after the SBA opened for applications Today, the U.S. Small Business Administration will begin delivering economic relief from the Restaurant Revitalization Fund, established by the American Rescue Plan and signed into law by President Joe Biden, to more than 16,000 approved…
EDA: $6 Million in CARES Act Recovery Assistance Invested to Support Business Capital and Resiliency Efforts in New York
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $6 million in CARES Act Recovery Assistance grants to provide critical gap financing and technical support to New York businesses impacted by the coronavirus pandemic. “President Biden is committed to unleashing the full power of the federal government…
EDA: $3 Million in CARES Act Recovery Assistance Invested to Support Business Growth in Industrial Park in Holdrege, NE
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to the city of Holdrege, Nebraska, to construct water, sewer, and street improvements to support business development at the Iron Horse Industrial Park. This EDA grant, to be matched with…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Establish Revolving Loan Fund to Assist Small Businesses in WV
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to Natural Capital Investment Fund, Inc., Charles Town, West Virginia, to capitalize and administer a Revolving Loan Fund that will provide critical gap financing to small businesses throughout West Virginia….
EDA: $525,000 in CARES Act Recovery Assistance Invested to Support Business Expansion and Growth Efforts in Hampton, SC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $525,000 CARES Act Recovery Assistance grant to Lowcountry Regional Water System, Hampton, South Carolina, to update and improve the wastewater sewer system to support business expansion and attraction plans and bolster the region’s ability to withstand future economic disruptions. This EDA grant,…