EDA: $3 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Serve Small Businesses in 17-County Region of Kentucky

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to Community Ventures Corporation, Lexington, Kentucky, to provide critical gap financing to small businesses economically impacted by the coronavirus pandemic in the Bluegrass Region of […]

EDA: $2 Million in CARES Act Recovery Assistance Invested to Establish Revolving Loan Fund to Assist Small Businesses in Berwyn, IL

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the Berwyn Development Corporation, Berwyn, Illinois, to capitalize a Revolving Loan Fund that will provide critical gap financing to small businesses in the Chicago […]

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 […]

SBA: Deadline for Veterans Business Outreach Center Funding Opportunity Extended

The U.S. Small Business Administration announced today that private organizations, colleges and universities, private sector firms, nonprofit organizations, and state, local or tribal governmental agencies across Pennsylvania, Delaware, Washington, D.C., Maryland, Northern California, and Nevada have an extended deadline to apply for funding no later than 11:59 p.m. EDT on Sunday, April 25, 2021.  This grant opportunity assists with training and […]

SBA: Lending Limit for COVID-19 Economic Injury Disaster Loans Increased

 The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a […]

SBA: Veterans Business Outreach Center Funding Opportunity Announced

Private organizations, colleges and universities, private sector firms, nonprofit organizations and state, local or tribal governmental agencies across Pennsylvania, Delaware, Washington, D.C., Maryland, Northern California, and Nevada are eligible to apply for funding from the U.S. Small Business Administration to provide training and counseling to aspiring and existing veteran small business owners […]