EDA: $10 Million Invested to Improve Port Infrastructure and Support Disaster Recovery Efforts in Texas
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $10 million in grants to the state of Texas to enhance critical port infrastructure to support business development and disaster resiliency following Hurricane Harvey. According to grantee estimates, the projects are expected to create and retain over 15,000…
EDA: $6.7 Million Invested to Support Local Business Development and Job Growth Efforts in West Virginia
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $6.7 million in grants to the State of West Virginia to support local business development and job growth efforts. According to grantee estimates, the projects are expected to create or retain more than 1,430 jobs, while generating $35…
SBA: Contributions of Women Entrepreneurs Recognized during National Women’s Small Business Month
The U.S. Small Business Administration is recognizing National Women’s Small Business Month and the countless women small business owners who have pursued their passion and taken the leap into entrepreneurship. Women are a driving force in the nation’s economy, starting most new businesses. They own 9.9 million companies that employ more than eight million people…
EDA: $7.1 Million Invested to Improve Disaster Resilience at the Big Pasco Industrial Center in Pasco, WA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.1 million grant to the Port of Pasco in Pasco, Washington, to make roadway and storm water management improvements needed to support the continuous operation of the Big Pasco Industrial Center. According to grantee estimates, the project…
EDA: $1.17 Million Invested to Strengthen Manufacturing in Puerto Rico
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.17 million grant to Puerto Rico Manufacturing Extension, Inc. (PRIMEX) of San Juan, to provide assistance and training to local manufacturing businesses to include disaster preparedness and resilience planning. According to grantee estimates, the project is expected…
ABA: Foundation Honors Six Banks with Community Commitment Awards
Categories range from affordable housing to economic inclusion The American Bankers Association Foundation today announced it will honor six banks with a Community Commitment Award, which is provided to institutions that have demonstrated leadership in the area of corporate social responsibility. The ABA Foundation will recognize these banks’ efforts in categories ranging from affordable housing…
EDA: $5.5 Million Invested to Build Workforce Training Center in Perris, CA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.5 million grant to the city of Perris, California, to help build the Perris Downtown Skills Training and Job Placement Center. According to grantee estimates, the project is expected to create 325 jobs and spur $10 million…
EDA: $562,571 Invested to Support Job Creation in Chevak, AK
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $562,571 grant to the city of Chevak, Alaska, to support local job creation efforts. According to grantee estimates, the project is expected to create 12 jobs and generate $406,000 in private investment. “We commend the city of Chevak for taking advantage of…