Investment

EDA: $3.9 Million Invested for Roadway and Water Infrastructure Improvements for Business and Job Growth in Texas

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $3.9 million in the state of Texas for roadway and water infrastructure improvements needed to support job growth in the state. The EDA investments announced today are: “The Biden-Harris Administration’s is investing in opportunity for the middle-class by building…

EDA: $3.2 Million Invested for Railway Infrastructure Improvements to Support Commercial Growth in Columbia, MS

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the city of Columbia, Missouri, for railway infrastructure improvements needed to support commercial growth in the region. This grant will expand and improve the commercial freight rail corridor, increasing commercial activity throughout the region….

EDA: $2.4 Million Invested to Capitalize Revolving Loan Fund to Support Small Businesses in North Idaho

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the Panhandle Area Council in Hayden, Idaho, to capitalize a Revolving Loan Fund (RLF) to bolster small business development and expansion.  This grant will support the growth of small businesses by providing them with the capital they need…

EDA: $2.2 Million Invested for Building Renovations to Support Regional Economic Growth in Lubbock, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to the South Plains Association of Governments (SPAG) in Lubbock, Texas, for building renovations needed to support small business development in the region. This grant will create the South Plains Regional Small Business Innovation Center…

EDA: $2 Million Invested for Water Infrastructure Improvements to Support Job Growth in Stuttgart, AR

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Stuttgart Industrial Development Corporation in Stuttgart, Arkansas, for water infrastructure improvements to support job growth in the region. This grant will expand the water and sewer services at Stuttgart Industrial Park to support manufacturing…

EDA: $1.5 Million Invested to Capitalize Revolving Loan Fund to Support Small Businesses in Massachusetts

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the South Eastern Economic Development Corporation in Taunton, Massachusetts, to capitalize and administer a Revolving Loan Fund (RLF) serving small businesses across eight Massachusetts counties. This grant will support business start-ups and expansions, provide…

EDA: $1.3 Million Invested for Infrastructure Improvements to Support Agricultural Entrepreneurs in Cedar Rapids, IA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to NewBo City Market in Cedar Rapids, Iowa, for infrastructure improvements to support agricultural businesses. This grant will support a renovation and expansion of the facility, driving workforce growth and supporting new small businesses. This…

EDA: $1 Million Invested to Boost Medical Workforce Training in Wichita, KS

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to Wichita State University (WSU) in Wichita, Kansas, to support medical workforce training in the region. This grant will provide state-of-the-art audiology equipment for WSU’s new biomedical training facility. This EDA investment will be matched…

EDA: $500,000 Invested to Boost the Growth of the Environmentally Sustainable Packaging Industry in Wisconsin

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to the University of Wisconsin-Stevens Point in Stevens Point, Wisconsin, to support expansion of the environmental sustainability of the packaging industry in Wisconsin. This grant will purchase new environmentally aware testing equipment to expand opportunities in the large packaging and…

FEMA: $150 Million in Funding Announced to Enhance Resilience of Critical Infrastructure and to Protect Against Extreme Weather Events

FEMA Administrator Deanne Criswell today announced selections for a combined $150 million in capitalization grants to help communities reduce vulnerability to natural hazards. Funding through the Safeguarding Tomorrow Revolving Loan Fund Program will enable 10 states, a Tribal Nation and the District of Columbia to administer revolving loan funds that will help local governments carry out hazard…