Investment

EDA: $1.2 Million in CARES Act Recovery Assistance to Support Manufacturing and Entrepreneurship in Ohio

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $1.2 million in CARES Act Recovery Assistance grants to help the state of Ohio prevent, prepare for, and respond to coronavirus. “The Biden Administration is pleased to support local efforts to jumpstart manufacturing and entrepreneurship in Ohio,” said…

EDA: $1.2 Million Invested to Support Revitalization of Downtown Mill District in Biddeford, ME

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Biddeford, Maine, to support the economic revitalization of city’s downtown mill district by making roadway improvements needed to provide access to the city’s new 650-space parking garage and mill buildings…

EDA: $1.1 Million Invested to Establish Technology Accelerator in Grand Forks, ND

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to the city of Grand Forks, North Dakota, to convert a historic downtown building into a technology accelerator. This EDA project, to be matched with $1.1 million in local funds, is expected to create…

EDA: $1 Million Invested to Support Growth of Aviation Sector in Sioux City, IA

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the city of Sioux City, Iowa, to build a hangar at the Sioux Gateway Airport to be leased by a new aviation school that would provide training in flight, mechanics, avionics and other…

EDA: $941,250 Invested to Expand Manufacturing Business Capacity in Antigo, WI

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $941,250 grant to the city of Antigo, Wisconsin, to make infrastructure improvements at the Saratoga Industrial Park that will add 24 acres of newly developable land in the park. This EDA grant, to be matched with $941,250 in local investment, is expected…

EDA: $1 Million in CARES Act Recovery Assistance Invested to Support Aerospace Technician Training Program in Houston, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to San Jacinto Community College District (SJCCD), Houston, Texas, to renovate and equip the EDGE Center at the Houston Spaceport to create an aerospace technician training program. This EDA grant,…

EDA: $800,000 in CARES Act Recovery Assistance Invested to Support Marketing Plan to Aid Reopening Tourism Economy in Alabama Gulf Coast Region

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 CARES Act Recovery Assistance grant to the Alabama Gulf Coast Convention and Visitors Bureau, Orange Beach, Alabama, to develop and implement a tourism recovery marketing campaign in response to the economic downturn that resulted from the coronavirus pandemic. This EDA grant…

EDA: $749,810 in CARES Act Recovery Assistance Invested to Provide Technical Assistance in Monterey Bay Region of California

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $749,810 CARES Act Recovery Assistance grant to the University Corporation at Monterey Bay, Seaside, California, to provide technical assistance to coronavirus-impacted small businesses and support the economic resiliency of the Monterey Bay region. This EDA grant is expected to create 35 jobs,…

EDA: $633,146 Invested to Support Business Expansion and Growth Efforts in Columbia Falls, MT

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $633,146 grant to the city of Columbia Falls, Montana, to build water and sewer infrastructure and improve roads to serve a growing business park. This EDA grant, to be matched with $633,146 in local investment, is expected to create 70 jobs and…

EDA: $600,000 in CARES Act Recovery Assistance Invested to Support Growth and Resilience of Food Manufacturing Sector in Hawaii

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 CARES Act Recovery Assistance grant to the Hawaii Technology Development Corporation (HTDC), Honolulu, Hawaii, to provide technical assistance to small businesses in the state’s food manufacturing sector. This EDA grant, to be matched with $150,000 in local investment, is expected to…