EDA: $676,426 Invested for Water Infrastructure Upgrades to Support Job Growth in Longwood, FL
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $676,426 grant to the city of Longwood, Florida, for water infrastructure improvements to spur private investment and create jobs in the region. This grant will support stormwater system improvements in the Florida Commerce Industrial Park, recently flooded by Hurricanes Ian and Nicole….
EDA: $2 Million Invested to Support Business Development and Job Growth in Newport, AR
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Newport, Arkansas, to support business growth and job creation in the region. This grant will support a building renovation project to create 14,500 square feet of new office space. This EDA…
SBA: Statutory Increases Announced for Surety Bond Guarantee Program
Change Will Give Small Businesses Access to Projects up to $9 Million and Federal Contracts up to $14 Million 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, announced that for the first time since 2013, the SBA is increasing the…
SBA: USDA and SBA Strengthen Partnership to Create Jobs and Economic Growth in Rural America
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 33 million small businesses, announced today that the SBA is strengthening its longstanding partnership with the U.S. Department of Agriculture (USDA) to create jobs and expand access to new and better market opportunities for…
EDA: 31 Tech Hubs Designated Across America
As part of the President’s Investing in America agenda, the U.S. Department of Commerce identified regional centers primed for technological innovation and job creation The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today announced the designation of 31 Tech Hubs in regions across the country. This is the first phase…
EDA: $13.5 Million Invested to Support U.S. Manufacturers
Today, U.S. Secretary of Commerce Gina 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/regions, are located in California, Colorado, Georgia, Illinois, Massachusetts, Michigan, Missouri,…
EDA: $2.8 Million Invested to Boost Businesses and Grow Jobs in Missouri
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $2.8 million in the state of Missouri to make critical infrastructure improvements needed to support current and future business needs. The EDA investments announced today are: “President Biden’s Investing in America agenda is making sure communities in Missouri and…
EDA: $5.7 Million Invested to Support Business Expansion and Create Jobs in West Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $5.7 million in grants to support business expansion projects in West Virginia. The EDA investments announced today are: “As part of the Biden Administration’s commitment to investing in America, we’re making sure that communities in West Virginia and across…
EDA: $2.1 Million Invested to Support Workforce Development and Job Creation in Storm-Impacted Communities in North Carolina
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $2.1 million in grants to support workforce development and job creation in North Carolina communities impacted by Tropical Storm Fred in 2021. The EDA investments announced today are: “President Biden is committed to providing communities in North Carolina and…
HUD: $25 Million Loan Guarantee Announced for Birmingham, AL Loan for Black, Indigenous, People of Color Fund
Today, the U.S. Department of Housing and Urban Development (HUD) awarded the City of Birmingham, Alabama a $25.2 million loan fund under its loan guarantee program for the Community Development Block Grant Program, Section 108. The City of Birmingham plans to use these funds to establish a $25 million citywide Loan Pool to provide financing…