Investment

EDA: $3.5 Million Invested for Infrastructure Improvements to Support Semiconductor Business Growth in Copperas Cove, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.5 million grant to the city of Copperas Cove, Texas, for water, sewage, and roadway infrastructure improvements.  This grant will help develop industrial sites to support semiconductor business growth. This EDA investment will be matched with $875,000 in…

EDA: $2.3 Million Invested for Infrastructure Improvements to Support Clean Energy Business Growth in Gonzales, LA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to Ascension Parish Government in Gonzales, Louisiana, for roadway infrastructure improvements at the RiverPlex MegaPark.  This grant will support clean energy business growth in the region. This EDA investment will be matched with $586,857 in…

SBA: Record-Breaking $178 Billion in Federal Procurement Opportunties Awarded to Small Businesses

10 Federal Agencies Earn A+ in SBA’s Annual Scorecard Released During National Small Business Week Today, at a roundtable discussion hosted by the White House and attended by several federal agencies to mark National Small Business Week, SBA Administrator Isabel Casillas Guzman announced the agency’s Fiscal Year (FY) 2023 federal procurement “Scorecard” results, which measure how well federal…

CDFI Fund: FY 2024 Bank Enterprise Award Program Funding Round Opens

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2024 funding round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s websitein anticipation of the publication of the FY 2024 Notice of Funds…

FEMA: More Than $103 Million Announced to Assist Emergency Operations Centers Nationwide

FEMA today released the Notice of Funding Opportunity (NOFO) for the Fiscal Year 2024 Emergency Operations Center (EOC) Grant Program. The program provides more than $103 million to eligible state, local and tribal governments for equipping, upgrading or constructing emergency operations center projects determined by Congress. “Emergency operations centers are the heart of disaster preparedness and response, and…

CDFI Fund: CDFI Equitable Recovery Program Compliance FAQs Released

The Community Development Financial Institutions Fund (CDFI Fund) has published a Compliance Frequently Asked Questions (FAQs) document for the CDFI Equitable Recovery Program (CDFI ERP). This document helps to answer commonly asked compliance questions regarding the CDFI ERP Assistance Agreement.  The CDFI ERP Compliance FAQ also incorporates the previously released CDFI ERP Demographic Data Guidance. …

SBA: 2023 THRIVE Program Winners Recognized

Cohorts from Puerto Rico and Seattle Will Be Honored at the National Small Business Week Ceremony in Washington, D.C. Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 33 million small businesses, recognized the 2023 T.H.R.I.V.E. Emerging Leaders Reimagined cohort winners in Seattle and North Metro Puerto Rico…

SBA: 2024 Growth Accelerator Fund Competition Stage One Winners Announced with Up to $3 Million in Prizes Awarded

Competition Opens Doors for Underserved Entrepreneurs in Key Science and Technology Industries Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses and startups, announced the 2024 Growth Accelerator Fund Competition (GAFC) Stage One winners. Each received $50,000 in prize awards…

EDA: $18 Million Invested for Water Infrastructure Improvements to Support Economic Growth in Cleveland, GA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding an $18 million grant to the city of Cleveland, Georgia, for water infrastructure improvements to support job creation and economic growth.  This grant will support upgrades to the local wastewater treatment plant that will increase capacity, creating jobs and…

EDA: $2.1 Million Invested for Infrastructure Improvements to Support Manufacturing and Create Jobs in Clarksdale, MS

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the Coahoma County Board of Supervisors in Clarksdale, Mississippi, for roadway and water infrastructure improvements to support manufacturing and job growth.  This grant will support the local boat manufacturing sector, creating jobs and opportunities…