EDA: U.S. Department of Commerce Intends to Invest $10.9 Million in Disaster Supplemental Funding to Support the Maritime Industry in South Carolina
Today, the U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $10.9 million in Disaster Supplemental funding to the Trident Shipbuilding and High-Impact Industry Partnership for Skills (Trident SHIPS) coalition to support the maritime industry in South Carolina. This award will provide for roadway infrastructure improvements to support expansion of…
EDA: U.S. Department of Commerce Intends to Invest $39.9 Million in Disaster Supplemental Funding to Support the Advanced Manufacturing Industry in Pennsylvania
Today, the U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $39.9 million in Disaster Supplemental funding to the DuBois Center for Innovation Regional Manufacturing Hub, to support the advanced manufacturing industry in Pennsylvania. This award will support the development of a technology maturation center for pressed materials innovation, and…
EDA: U.S. Department of Commerce Intends to Invest $24.8 Million in Disaster Supplemental Funding to Support Advanced Manufacturing Workforce Development in Virginia
Today, the U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $24.8 million in Disaster Supplemental funding to the Additive Manufacturing and Advanced Materials (AM2) coalition to support advanced manufacturing workforce development in southwest Virginia. This award will support the development of an advanced manufacturing certification program and provide new…
EDA: U.S. Department of Commerce Intends to Invest $7.4 Million in Disaster Supplemental Funding to Support the Timber Manufacturing Industry in Georgia
Today, the U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $7.4 million in Disaster Supplemental funding to the Resilient Growth Through Enabling Next Generation Agriculture (REGEN AG) coalition in Georgia. This award will support advancements in the local timber manufacturing industry, by building resilient supply chains in the regional…
EDA: U.S. Department of Commerce Intends to Invest $3 Million in Disaster Supplemental Funding to Support Aerospace Manufacturing Workforce Development in West Virginia
Today, the U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $3 million in Disaster Supplemental funding to the Aerospace, Resilience, Manufacturing, & Operations for Readiness (ARMOR) coalition to support aerospace manufacturing workforce development in West Virginia. This award will create a national hub for aerospace and defense innovation, through…
EDA: U.S. Department of Commerce Intends to Invest $24 Million in Disaster Supplemental Funding to Support the Semiconductor Industry in Texas and Oklahoma
Today, the U.S. Department of Commerce announced that the Economic Development Administration (EDA) intends to award $24 million in Disaster Supplemental funding to the Texoma Semiconductor Tech Hub, to support the semiconductor industry in Texas and Oklahoma. This award will support accelerator programming and workforce development for the growing semiconductor industry and will also provide…
Treasury: Proposed Rules Issued to Implement the ROAD to Housing Act and Support Affordable Homeownership in America
Today, the U.S. Department of the Treasury issued proposed regulations to make homeownership more affordable for hardworking Americans. The proposed regulations implement Section 1001 of the 21st Century ROAD to Housing Act (ROAD to Housing Act), which restricts large institutional investors from purchasing single-family homes, codifying key requirements of President Trump’s Executive Order 14376, Stopping Wall Street from…
SBA: HUBZone Expansion Petitions Approved in 18 States
Approvals Cover 252 Governor-Designated Areas and Expand Access to HUBZone Certification for Rural Small Businesses Today, the U.S. Small Business Administration (SBA) announced that it has approved 18 governors’ petitions since January 2025 to create new Governor-Designated Covered Areas under the Historically Underutilized Business Zone (HUBZone) Program. These approvals establish 252 Governor-Designated Covered Areas, expanding access to…
CDFI Fund: Supplemental Guidance Provided for CY 2026 NMTC Program Applicants
The Community Development Financial Institutions Fund (CDFI Fund) has posted on its website an updated calendar year (CY) 2026 New Markets Tax Credit Program (NMTC Program) Supplemental Frequently Asked Questions (FAQ) document and the CY 2026 Application Webinar recording. • CY 2026 NMTC Program Supplemental FAQ Document This document provides responses to questions submitted after the…
SBA: Million Dollar Pitch Competition Now Streaming on YouTube and Prime Video
Celebrating 250 Years of Free Enterprise, Five Small Businesses Compete for a Share of $1 Million Cash Prize Pool Funded by Clover Today, the U.S. Small Business Administration (SBA) announced that the special broadcast event for the Million Dollar Pitch Competition is now streaming globally on Prime Video and YouTube. The high-stakes special features five small businesses competing…