EDA: $2 Million Invested to Support Disaster Resiliency and Economic Growth in Canton, NC
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of West Lafayette, Indiana, for wastewater treatment infrastructure improvements to support semiconductor manufacturing in the region. This grant will increase capacity at the Purdue Research Park to support construction of a semiconductor…
EDA: $1.6 Million Invested for Electrical Infrastructure to Bolster Economic Growth in Adrian, MN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the city of Adrian, Minnesota, for electrical infrastructure improvements to support business and job creation in the region. This grant will construct a new electrical substation and help purchase related equipment to mitigate future…
EDA: $1.5 Million Invested to Expand Public Safety Workforce Development in Grand Rapids, MI
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Grand Rapids, Michigan, to support firefighter workforce development in the region. This grant will construct a five-story firefighter training facility to prepare residents for quality, in-demand jobs. This EDA investment will…
EDA: $1.2 Million Invested to Boost Clean Energy Manufacturing Sector in Sumter, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Sumter, South Carolina, for water infrastructure improvements needed to boost the region’s clean energy industry. This grant will support the establishment of a new solar wafer manufacturing facility. This EDA investment…
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…