EDA: $703,000 Investment Made for Critical Infrastructure Improvements to Support Business Growth in Watertown, NY
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $703,000 grant to the Jefferson County Industrial Development Agency of Watertown, New York, to make water and fiber-optic cable infrastructure improvements needed to attract business development at the new complex located at the Watertown International Airport. According to grantee estimates, the project is…
EDA: $615,000 Investment Made for Critical Infrastructure Improvements to Support Business Growth in Brunswick, ME
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $615,000 grant to the Midcoast Regional Redevelopment Authority of Brunswick, Maine, to repair and upgrade sanitary sewer pumps needed to support industrial and commercial business development in the community. “We commend the Midcoast Regional Redevelopment Authority for working to generate economic opportunities by…
CFPB: Bureau Collaborating with Regulators Around the World to Create Global Financial Innovation Network
The Bureau of Consumer Financial Protection (BCFP), working in collaboration with 11 financial regulators and related organizations, is announcing an initiative to create the Global Financial Innovation Network (GFIN). The network will seek to provide a more efficient way for innovative firms to interact with regulators, helping them navigate between countries as they look to…
CDFI Fund: FY 2018 Round BEA Program Electronic Application Now Available
The electronic application for the fiscal year (FY) 2018 round of the Bank Enterprise Award Program (BEA Program) is now available in the Community Development Financial Institutions Fund’s (CDFI Fund’s) Awards Management Information System (AMIS). All applicants must be registered in SAM.gov, Grants.gov, and AMIS to apply for funding. Organizations should confirm that their accounts…
CDFI Fund: Public Meeting of CDFI Advisory Board Scheduled for August 23rd in Washington, DC
The Community Development Financial Institutions Fund (CDFI Fund) is convening a meeting of the Community Development Advisory Board (the Advisory Board) from 9:00 a.m. to 2:00 p.m. Eastern Time on Thursday, August 23, 2018. The Advisory Board meeting will be held in Media Rooms A & B at the U.S. Department of the Treasury located…
CFPB: Building a Bridge to Credit Symposium Scheduled for September 17th
Mark your calendar to join the Bureau of Consumer Financial Protection for a day-long symposium, Building a Bridge to Credit Visibility. This event will explore challenges many consumers face in accessing credit. Sessions also will highlight strategies and innovations to overcome barriers and expand consumer credit access. This event is open to the public, however space…
SBA: Award Nominations Open for 2019 National Small Business Week Awards
The U.S. Small Business Administration is now accepting nominations for its 2019 National Small Business Week Awards, including the annual Small Business Person of the Year. Since 1963, National Small Business Week has recognized the outstanding achievements of America’s small businesses for their contributions to their local communities, and to our nation’s economy. “This is…
FHFA: Public Comment Period Extended until November 16th for Proposed Enterprise Capital Requirements Rule
The Federal Housing Finance Agency (FHFA) today announced that it is extending the public comment period for the Agency’s proposed rule on Enterprise Capital Requirements by an additional 60 days. The previous deadline for comments was September 17, 2018. The new deadline will be November 16, 2018. FHFA is extending the public comment period due to…
OCC: Financial Technology Companies Can Now Apply for a National Bank Charter
The Office of the Comptroller of the Currency (OCC) today announced it will begin accepting applications for national bank charters from nondepository financial technology (fintech) companies engaged in the business of banking. “Over the past 150 years banks and the federal banking system have been the source of tremendous innovation that has improved banking services…
SBA: Celebrating 65 Years of Service to America’s Entrepreneurs
Today, the U.S. Small Business Administration (SBA) marks 65 years of serving as a voice and ally to millions of small businesses. Since its founding on July 30, 1953, SBA has connected small businesses with access to funding, mentoring, counseling, and when disaster strikes, support to recover and get back to business. “The SBA has…