EDA: $2 Million Invested to Support Infrastructure Development in Mocksville, NC
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Davie County of Mocksville, North Carolina, for infrastructure improvements, accelerating the growth of medical and manufacturing industries in the region. According to grantee estimates, the project is expected to create 187 jobs, and…
EDA: $1.8 Million Invested for Roadway and Utility Infrastructure Needed to Support Business Expansion in Provo, UT
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to the Provo City Corporation of Provo, Utah, for roadway and utility infrastructure needed to support business expansion and development. According to grantee estimates, the project is expected to create 450 jobs and spur…
EDA: $1.58 Million Invested to Help Make Water Infrastructure Improvements Needed in Paulsboro, NJ
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.58 million grant to help make water infrastructure improvements needed to support additional commercial growth at the Port of Paulsboro. According to grantee estimates, the project is expected to create 150 jobs and generate $10 million in…
CDFI Fund: Important Reminders for Capital Magnet Fund Applicants
As a reminder for prospective fiscal year (FY) 2018 Capital Magnet Fund applicants, the deadline for online submission of the SF-424 through Grants.gov for the FY 2018 Capital Magnet Fund round is August 20, 2018, at 11:59 p.m. Eastern Time (ET). The deadline for creating an organizational account in the CDFI Fund’s Awards Management Information…
ABA: Foundation Seeking Banks to Host 9th Annual Lights, Camera, Save! Video Contest
The American Bankers Association Foundation is urging local banks to participate in its Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. Through Lights, Camera, Save!, teen participants will create a video up to 90 seconds that demonstrates…
CDFI Fund: New Certified CDFI Logo Debuts to Help Illustrate Impact
More than 400 representatives of Certified CDFIs voted on the image they liked best to represent themselves to their customers and the public. Nearly 64 percent of them chose this winning design, which beautifully evokes a sense of community. With the roll out of this new logo, it’s a good time to reflect on the…
EDA: $830,000 Invested to Make Critical Pier Improvements to Support Business Growth in Rockland, ME
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $830,000 grant to the City of Rockland, Maine, to renovate the Rockland Commercial Fish Pier. The renovated structure will support current business needs and future economic growth. According to grantee estimates, the project is expected to retain 86 jobs. “We commend the City…
EDA: $600,000 Invested to Expand Entrepreneurial Services and Business Assistance in Shreveport, LA
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the Biomedical Research Foundation of NW Louisiana of Shreveport, Louisiana, to expand the foundation’s Entrepreneur Accelerator Program, providing services and support to new businesses in the area. According to grantee estimates, the project is expected to create 100 jobs, retain…
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…