EDA: $1 Million Invested to Establish Revolving Loan Fund for Businesses in Opportunity Zones in Southeast New Hampshire
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the Rockingham Economic Development Corporation (REDC) of Raymond, New Hampshire, to establish a Revolving Loan Fund (RLF) to provide critical gap financing to businesses and entrepreneurs in the REDC service area. The EDA…
EDA: $2.5 Million Invested to Provide Critical Infrastructre to Serve Tribal Businesses in Oklahoma Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the Citizen Potawatomi Nation, Shawnee, Oklahoma, to make critical infrastructure improvements needed to support diversified business growth at the Iron Horse Industrial Park. The EDA grant, to be located in a Tax Cuts and…
EDA: $1.5 Million Invested to Boost Medical Workforce Training Efforts Near Opportunity Zone in Sheridan, WY
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the Northern Wyoming Community College District (NWCCD) in Sheridan, Wyoming, to improve and expand Northern Wyoming Community College’s Health Sciences Center. The new Center will train students for healthcare jobs with the Indian…
EDA: $13 Million Invested to Build Disaster Resilient Business Incubator in Puerto Rico Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $13 million grant to the University of Puerto Rico in Ponce to establish a disaster resilient research and business facility to support high-growth businesses focused on the health and medical tourism industries. The EDA grant, to be…
EDA: $2.75 Million Invested to Strengthen Cybersecurity Industry in Colorado Springs, CO Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.75 million grant to the Regents of the University of Colorado, Colorado Springs, Colorado, to expand and renovate the University of Colorado cybersecurity building. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…
EDA: $1.5 Million Invested to Improve Internet Bandwidth for Businesses in Corning, NY Opportunity Zones
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Southern Tier Network, Inc. in Corning, New York, to install approximately 83 miles of high-speed dark fiber-optic cable to support businesses in six counties. The EDA grant, to be located near 11 Opportunity Zones,…
EDA: $1.4 Million Invested to Attract Foreign Direct Investment to New York, NY Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to Yeshiva University’s Innovation Lab in New York, New York, to provide technical assistance to Israeli firms seeking to locate in New York City. The EDA grant, to be located in an Opportunity Zone, will…
EDA: $2.5 Million Invested to Improve Critical Commercial Roadway in Hidalgo, TX Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the city of Hidalgo, Texas, to make critical roadway and drainage repairs needed to improve Produce Road, a major trade gateway. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity…
EDA: $1.3 Million Invested to Improve Water Infrastructure in Odessa, WA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the town of Odessa, Washington, to make critical water infrastructure improvements to support the community and its businesses. The EDA grant, to be located in an Opportunity Zone, will be matched with $326,401 in…
EDA: $3 Million Invested to Provide Critical Infrastructure Improvements in Tulsa County, OK Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to Tulsa County, Oklahoma, to improve critical infrastructure needed to protect businesses from flood damage. The EDA grant, which is located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $750,000 in…