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:
- August 28, 2020 – U.S. Department of Commerce Invests $13 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Maine Respond to Coronavirus
- August 28, 2020 – U.S. Department of Commerce Invests $4.8 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Missouri Respond to Coronavirus
- August 28, 2020 – U.S. Department of Commerce Invests $3.4 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Maryland Respond to Coronavirus
- August 28, 2020 – U.S. Department of Commerce Invests $2.2 Million in CARES Act Funding to Capitalize Revolving Loan Fund to Help Small Businesses in Nebraska Respond to Coronavirus
- August 28, 2020 – U.S. Department of Commerce Invests $1.1 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses in New Mexico Respond to Coronavirus
- August 28, 2020 – U.S. Department of Commerce Invests $825,000 in CARES Act Funding to Capitalize Revolving Loan Fund to Help Small Businesses in New Hampshire Respond to Coronavirus
- August 27, 2020 – U.S. Department of Commerce Invests $11.6 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Kentucky Respond to Coronavirus
- August 27, 2020 – U.S. Department of Commerce Invests $6.8 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Rhode Island Respond to Coronavirus
- August 27, 2020 – U.S. Department of Commerce Invests $6 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Kentucky Respond to Coronavirus
- August 27, 2020 – U.S. Department of Commerce Invests $4.3 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across West Virginia Respond to Coronavirus
- August 27, 2020 – U.S. Department of Commerce Invests $1.9 Million in CARES Act Funding to Capitalize Revolving Loan Fund to Help Small Businesses in Utah Respond to Coronavirus
- August 27, 2020 – U.S. Department of Commerce Invests $1.9 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Oklahoma Respond to Coronavirus
- August 27, 2020 – U.S. Department of Commerce Invests $1 Million in CARES Act Funding to Capitalize Revolving Loan Fund to Help Small Businesses in Ohio Respond to Coronavirus
- August 26, 2020 – U.S. Department of Commerce Invests $6.8 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across South Dakota Respond to Coronavirus
- August 26, 2020 – U.S. Department of Commerce Invests $3.2 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping South Carolina
- August 26, 2020 – U.S. Department of Commerce Invests $2.4 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Washington Respond to Coronavirus
- August 26, 2020 – U.S. Department of Commerce Invests $2.2 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping North Dakota Respond to Coronavirus
- August 26, 2020 – U.S. Department of Commerce Invests $1.7 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping South Dakota Respond to Coronavirus
- August 26, 2020 – U.S. Department of Commerce Invests $1.6 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping North Carolina Respond to Coronavirus
- August 26, 2020 – U.S. Department of Commerce Invests $1.6 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Nebraska Respond to Coronavirus
- August 25 2020 – U.S. Department of Commerce Invests $1.1 Million in CARES Act Funding to Capitalize Revolving Loan Fund to Help Small Businesses in Kansas Respond to Coronavirus
- August 24, 2020 – U.S. Department of Commerce Invests $1.6 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Virginia Respond to Coronavirus
- August 24, 2020 – U.S. Department of Commerce Invests $550,000 in CARES Act Funding to Capitalize Revolving Loan Fund to Help Small Businesses in Wyoming Respond to Coronavirus
- August 24, 2020 – U.S. Department of Commerce Invests $547,705 in CARES Act Funding to Capitalize Revolving Loan Fund to Help Small Businesses in Puerto Rico Respond to Coronavirus
- August 24, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping Tri-County Regional Planning Commission of Michigan Respond to Coronavirus
- August 24, 2020 – U.S. Department of Commerce Invests $150,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping Central Council Tlingit and Haida Indian Tribes of Alaska 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.