EDA: $800,000 Invested to Support the Textile Manufacturing Industry in Morganton, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to The Industrial Commons in Morganton, North Carolina, to support textile manufacturing in the region. This grant will provide for personnel and equipment in support of expanding the local textile production industry. This EDA investment will be matched with $500,000…
HUD: $48 Million Announced to Expand Access to Housing Counseling to Assist Renters and Homeowners
Funding for more than 160 housing counseling organizations will advance the agency’s goal to provide expert advice and provide pathways to homeownership Today, the U.S. Department of Housing and Urban Development (HUD) is announcing $48 million to increase access to housing counseling services and strengthen the nation’s housing counseling workforce. Acting Secretary Adrianne Todman made…
CDFI Fund: FY 2024 CDFI Program and NACA Program Financial Assistance Awards Announced
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today awarded 357 Community Development Financial Institutions (CDFIs) with $408.2 million in Financial Assistance (FA) awards to provide financial services and products for low-income and underserved individuals and communities across America. The awards were made through the fiscal year (FY) 2024 funding…
SBA: $20 Million in Grants Announced for States to Boost Small Business Exports
43 State Trade Expansion Program Awardees to Provide Financial Support for Trade Missions and Training Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s more than 34 million small businesses in President Biden’s Cabinet, announced $20 million in State Trade Expansion Program (STEP) grants(Link is external) have been awarded to 43 state and territory international…
SBA: Over $3 Million in Awards Announced to Advance Local Entrepreneurial Ecosystems for STEM, R&D-Focused Small Businesses and Startups
SBA Growth Accelerator Fund Competition Awards to 44 Innovation Accelerator Partnerships Across National Priority Areas 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 34 million small businesses, announced the 2024 Growth Accelerator Fund Competition (GAFC) Stage Two winners. Forty-four accelerator partnerships received between $50,000…
EDA: $11.1 Million Invested to Expand Workforce Development and Strengthen Infrastructure in West Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $11.1 million in the state of West Virginia to support infrastructure improvements and workforce development programs that diversify and grow the state’s economy. The EDA investments announced today are: “The Biden-Harris Administration is committed to ensuring that all communities…
EDA: $11 Million Invested to Support Healthcare Workforce Development in Greenwood, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding an $11 million grant to Piedmont Technical College in Greenwood, South Carolina, to support healthcare workforce development in the region. This grant will support construction of a new facility to house the college’s health sciences programs. This EDA investment…
EDA: $9.9 Million Invested for Infrastructure Improvements to Support Economic Resiliency in Florida
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $9.9 million to the state of Florida for infrastructure improvements to support economic resiliency following natural disasters. The EDA investments announced today are: “The Biden-Harris Administration recognizes that infrastructure is key to building an economy that works for all…
EDA: $5.7 Million Invested for Building Renovations to Support Workforce Development in Kentucky
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $5.7 million in the state of Kentucky for building renovations to support workforce development programs. The EDA investments announced today are: “Building a stronger and more resilient workforce is critical to the Biden-Harris Administration’s Investing in America agenda,” said Secretary…
EDA: $5 Million Invested for Infrastructure Improvements to Support Business Growth and Job Creation in Page, AZ
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to the city of Page, Arizona, for infrastructure improvements to support business growth and job creation in the region. This grant will support redevelopment of the Downtown Business District, to increase its commercial viability and…