Investment

EDA: $13.5 Million Announced to Support U.S. Manufacturers

Today, U.S. Secretary of Commerce Gina M. Raimondo announced $13.5 million in U.S. Economic Development Administration (EDA) grants to support 11 Trade Adjustment Assistance Centers (TAACs) that help manufacturers affected by imports adjust to increasing global competition and to create jobs. The TAACs, which each service multiple states, are located in California, Colorado, Georgia, Illinois,…

EDA: $2 Million in American Rescue Plan Funds Invested to Diversify and Grow Morgantown, WV’s Economy

Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding its first local investment as part of the Coal Communities Commitment to the Morgantown Utility Board in Morgantown, W.Va. The $2 million American Rescue Plan grant will help create 300 jobs and generate $250 million in private investment…

EDA: $3.7 Million Invested for Water Infrastructure Upgrades to Support Business in Winona, MS

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.7 million grant to the city of Winona, Mississippi, for the installation of a 250,000-gallon water tank, creating economic resiliency while facilitating job creation and retention. The EDA grant, to be matched with $1.2 million in…

EDA: $2 Million Invested to Support Aviation Research Center at Wichita State University

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Wichita State University, Wichita, Kansas, to purchase key tools and supplies to support the new Flight Test Research Center and a Maintenance, Repair, and Overhaul facility for the National Institute for Aviation…

EDA: $840,000 in CARES Act Recovery Assistance Invested to Support Business Growth in Alameda County, CA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $840,400 CARES Act Recovery Assistance grant to Alameda County, California, to support recovery of the region’s economy by providing technical assistance and other resources to small and medium-sized businesses. This EDA grant will be matched with $840,400 in local investment. “President Biden…

EDA: First Awards Distributed under EDA’s American Rescue Plan Programs Announced

Statewide Economic Development Planning Grants Lay the Foundation for President Biden’s Build Back Better Agenda U.S. Secretary of Commerce Gina M. Raimondo is pleased to announce that the Department’s Economic Development Administration (EDA) has begun awarding its historic $3 billion in American Rescue Plan funds to assist communities nationwide in their efforts to build back…

EDA: $1.1 Million Invested to Support an Inter-Regional Economic Development Plan and Create Jobs in Metropolitan Washington, D.C.

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to Connected DMV, an organization located in Arlington, Virginia, to support their ‘DMV Regional Equity and Growth Playbook’ to boost business growth and create jobs. This EDA project will be matched with $286,671…

EDA: $2.9 Million in CARES Act Recovery Assistance Invested to Build Broadband Infrastructure to Serve Businesses and Residents in Farmersville, TX

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million CARES Act Recovery Assistance grant to the city of Farmersville, Texas, to build new fiber optic broadband infrastructure to support businesses and residents. This EDA grant will be matched with $727,203 in local funds….

EDA: $2 Million in CARES Act Recovery Assistance Invested for Rail Expansion to Support Manufacturing Sector in Wynne, AR

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the city of Wynne, Arkansas, to construct a new industrial rail spur facility to support local manufacturers. This EDA grant, to be matched with $500,000 in local funds,…

EDA: $1.2 Million in CARES Act Recovery Assistance Invested for Rail Port Improvements to Support Businesses and Create Jobs in Lubbock, TX

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the Lubbock Economic Development Alliance, Lubbock, Texas, for enhancements to the Lubbock Rail Port, supporting job creation and business expansion. This EDA grant, to be matched with $1.2…