EDA: $1.2 Million Invested to Support Tourism and Business Growth in Cuero, TX
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 Cuero Chamber of Commerce, Agriculture & Visitor’s Bureau in Cuero, Texas, to support tourism and business growth in the region. This grant will renovate an existing building to create a visitor’s center, events…
EDA: $10.7 Million Invested for Water Infrastructure Improvements to Support Job Growth in Hazard, KY
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $10.7 million for water infrastructure improvements needed to support job growth and economic resiliency in the region. This grant will provide for increased water service at the Coal Fields Regional Industrial Park, providing greater capacity to local businesses. This…
EDA: $13.5 Million Invested for Water Infrastructure Improvements to Support Business Growth in Lake City, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $13.5 million grant to the city of Lake City, South Carolina, for water infrastructure improvements needed to support local businesses. This grant will alleviate flooding in the downtown area, helping to reduce structural and economic damage to businesses,…
EDA: $2.5 Million Invested to Support Business Expansion and Industrial Growth in Milbank, SD
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the city of Milbank, South Dakota, to boot business growth in the region. This grant will help build new roadways and utilities needed to expand the industrial park in Milbank. This EDA investment will…
EDA: $2.1 Million Invested to Support Agriculture and Ecotourism in Belen, NM
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the Valencia Soil and Water Conservation District in Belen, New Mexico, to support economic resiliency efforts in agriculture and ecotourism following wildfires in 2023. This grant will support construction of an operations and economic…
SBA: Nominations Open for 2025 National Small Business Week Awards
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, opened nominations (video) for the 2025 National Small Business Week (NSBW) Awards. For more than 60 years the SBA has been uplifting small businesses in America, and the annual NSBW awards recognize…
SBA: Small Dollar Lending and Lending To Underserved Entrepreneurs Continues to Rise as Record 19 Million New Business Applications Filed Since 2021
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 Biden-Harris Administration has tripled SBA lending to Black-owned businesses while doubling small-dollar lending and lending to Latino- and women-owned small businesses. The new data comes as the United States reaches a record 19 million(Link…
SBA: Department of Veterans Affairs and SBA Join Forces to Promote Veteran Entrepreneurship
New Agreement Formalizes Collaboration on Nationwide Trainings On August 12, 2024, 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 signing of a memorandum of understanding (MOU) between the SBA’s Office of Veterans Business Development (OVBD) and the…
EDA: $2.3 Million Invested to Support Small Business and Entrepreneurial Growth in West Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $2.3 million in the state of West Virginia to support small businesses and entrepreneurs. The EDA investments announced today are: “The Biden-Harris Administration is committed to ensuring that communities in West Virginia and across the country have the resources…
EDA: $614,400 Invested for Infrastructure Improvements to Support Disaster Resilience in Sausalito, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $614,400 grant to the city of Sausalito, California, to support transportation infrastructure improvements designed to bolster disaster resilience. This grant will facilitate a vulnerability and feasibility study that will guide future flood mitigation improvements on the city’s Gate 5 Road. This EDA…