The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include:
- July 24, 2020 – U.S. Department of Commerce Invests $300,000 in CARES Act Funding to Boost University of Tennessee’s Capacity to Help Communities and Businesses Respond to and Recover from Economic Impact of Coronavirus Pandemic
- July 23, 2020 – U.S. Department of Commerce Invests $25 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Oregon Respond to Coronavirus
- July 22, 2020 – U.S. Department of Commerce Invests $4.4 Million in CARES Act Funding to Capitalize Revolving Loan Fund to Help Small Businesses in 6-County Region of South Dakota Respond to Coronavirus
- July 22, 2020 – U.S. Department of Commerce Invests $3.3 Million in CARES Act Funding to Capitalize Revolving Loan Fund to Help Small Businesses in Rural Nevada Respond to Coronavirus
- July 22, 2020 – U.S. Department of Commerce Invests $3.2 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Arkansas Respond to Coronavirus
- July 22, 2020 – U.S. Department of Commerce Invests $2.9 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Utah Respond to Coronavirus
- July 22, 2020 – U.S. Department of Commerce Invests $1.8 Million in CARES Act Funding to Capitalize Revolving Loan Fund to Help Small Businesses in 12-County Region of South Dakota Respond to Coronavirus
- July 22, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping 5-County Region in Northwest Colorado Respond to Coronavirus
- July 22, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping 16-County Region in North Carolina Respond to Coronavirus
- July 22, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping 4-County Region in Southwestern New Mexico Respond to Coronavirus
- July 22, 2020 – U.S. Department of Commerce Invests $300,000 in CARES Act Funding to Boost the University of Illinois at Urbana-Champaign’s Capacity to Help Communities and Businesses Respond to and Recover from Economic Impact of Coronavirus Pandemic
- July 21, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping Northwest Connecticut Respond to Coronavirus
- July 21, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping Franklin County, Massachusetts Respond to Coronavirus
- July 21, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping North Central Massachusetts Respond to Coronavirus
- July 21, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping Southwest Virginia Respond to Coronavirus
- July 21, 2020 – U.S. Department of Commerce Invests $300,000 in CARES Act Funding to Boost University of Minnesota’s Capacity to Help Communities and Businesses Respond to and Recover from Economic Impact of Coronavirus Pandemic
- July 21, 2020 – U.S. Department of Commerce Invests $300,000 in CARES Act Funding to Boost Georgia Southern University’s Capacity to Help Communities and Businesses Respond to and Recover from Economic Impact of Coronavirus Pandemic
- July 20, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping Tri-State Area of Iowa, Nebraska and South Dakota Respond to Coronavirus
- July 20, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping 3-County Appalachian Maryland Region Respond to Coronavirus
- July 20, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping 13-County South Central Nebraska Region Respond to Coronavirus
- July 20, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping 9-County Genesee/Finger Lakes Region of New York Respond to Coronavirus
- July 20, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping 6-County Mohawk Valley Region in New York Respond to Coronavirus
- July 20, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping 8-County Southern Tier East Region in New York Respond to Coronavirus
- July 20, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping South Carolina Appalachian Region Respond to Coronavirus
- July 20, 2020 – U.S. Department of Commerce Invests $300,000 in CARES Act Funding to Boost Cleveland State University’s Capacity to Help Communities and Businesses Respond to and Recover from Economic Impact of Coronavirus Pandemic
- July 20, 2020 – U.S. Department of Commerce Invests $300,000 in CARES Act Funding to Boost University of Oklahoma’s Capacity to Help Communities and Businesses Respond to and Recover from Economic Impact of Coronavirus Pandemic
- July 20, 2020 – U.S. Department of Commerce Invests $300,000 in CARES Act Funding to Boost Texas A&M University Corpus Christi’s Capacity to Help Communities and Businesses Respond to and Recover from Economic Impact of Coronavirus Pandemic
- July 20, 2020 – U.S. Department of Commerce Invests $300,000 in CARES Act Funding to Boost University of Texas Rio Grande Valley’s Capacity to Help Communities and Businesses Respond to and Recover from Economic Impact of Coronavirus Pandemic
- July 20, 2020 – U.S. Department of Commerce Invests $300,000 in CARES Act Funding to Boost University of Texas at Tyler’s Capacity to Help Communities and Businesses Respond to and Recover from Economic Impact of Coronavirus Pandemic
- July 20, 2020 – U.S. Department of Commerce Invests $300,000 in CARES Act Funding to Boost Virginia Tech’s Capacity to Help Communities and Businesses Respond to and Recover from Economic Impact of Coronavirus Pandemic
- July 20, 2020 – U.S. Department of Commerce Invests $240,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping 4-County Southeast Washington Region Respond to Coronavirus
The CARES Act, signed into law by President Donald J. Trump, provides EDA with $1.5 billion for economic development assistance programs to help communities prevent, prepare for, and respond to the coronavirus pandemic.
On May 7, Secretary Ross announced that EDA is accepting applications for CARES Act Recovery Assistance funding opportunities.
EDA CARES Act Recovery Assistance, which is being administered under the authority of the bureau’s flexible Economic Adjustment Assistance (EAA) (PDF) program, provides a wide-range of financial assistance to eligible communities and regions as they respond to and recover from the impacts of the coronavirus pandemic. For complete information, please visit our recently updated EDA CARES Act Recovery Assistance page.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.