EDA: $5.5 Million in CARES Act Recovery Assistance Invested to Provide Business Capital and Boost Broadband Capacity in Texas
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $5.5 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “President Biden remains steadfast in his support of small businesses as they build back better from the…
EDA: $1.2 Million in CARES Act Recovery Assistance Invested to Expand Broadband Capacity in North Carolina
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the city of Wilson, North Carolina, to increase broadband capacity and bolster the region’s ability to withstand future economic disruptions. This EDA grant, to be matched with $300,000 in…
EDA: $880,640 in CARES Act Recovery Assistance Invested to Boost Broadband Capacity in West Central Colorado
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $880,640 CARES Act Recovery Assistance grant to the Region 10 League for Economic Assistance and Planning, Montrose, Colorado, to improve access to affordable, reliable, and abundant internet service in West Central Colorado. This EDA grant, to be matched with $220,160 in local…
EDA: $1.9 Million in CARES Act Recovery Assistance Invested to Boost Broadband Capacity in North Carolina
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million CARES Act Recovery Assistance grant to the Yadkin Valley Telephone Membership Corporation, Yadkinville, North Carolina, to install fiber-optic cable across Davie County. This EDA grant will be matched with $485,729 in local investment. “President Biden…
EDA: $1.7 Million Invested to Create Broadband Network to Support Business Growth in Montgomery City, MO Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to Montgomery City, Missouri, to construct a broadband fiber network to serve local businesses. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $421,681 in local…
EDA: $1.5 Million Invested to Improve Internet Bandwidth for Businesses in Corning, NY Opportunity Zones
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Southern Tier Network, Inc. in Corning, New York, to install approximately 83 miles of high-speed dark fiber-optic cable to support businesses in six counties. The EDA grant, to be located near 11 Opportunity Zones,…
EDA: Investment Made to Help Bring Broadband Coverage to Cattaraugus Territory Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it is investing to help the Seneca Nation of Indians plan for and install broadband fiber throughout the Cattaraugus Territory in western New York. This investment will support a Tax Cuts and Jobs Act designated Opportunity Zone. “President Trump is committed to helping…