EDA

EDA: $2.6 Million Invested to Support Workforce Training Opportunities in Clinton, NC Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Sampson Community College of Clinton, North Carolina to increase the number of skilled workers available to meet regional trucking industry needs by expanding the college’s truck driving school. The EDA grant, to be…

EDA: $720,000 Invested to Support Disaster Recovery Efforts in Dayton, OH Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $720,000 grant to the Miami Valley Regional Planning Commission (MVRPC) of Dayton, Ohio, to hire a Disaster Recovery Manager that will assist businesses damaged or destroyed by the severe storms in May of 2019. The Disaster Recovery Manager will also prepare a…

EDA: $1.5 Million Invested to Repurpose Historic Building in Venango County, PA Opportunity Zone

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 Venango County Economic Development Authority of Franklin, Pennsylvania, to renovate the third floor of the historic Oil City National Bank Building for use as a Business Innovation Center. The EDA grant, to be…

EDA: $627,237 Invested to Support Workforce Development Opportunities in Indianola, IA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $627,237 grant to the city of Indianola, Iowa, to help build an access road that will serve a local workforce training facility. This EDA grant, to be matched with $627,238 in local investment, is expected to create nearly 3,500 jobs. “Helping our…

EDA: Indiana University and EDA Launch New USA Opportunity Zones Tool

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA), Indiana University (IU) and its Kelley School of Business announced the launch of the USA Opportunity Zones tool. This new web-based tool will help more than 390 EDA-designated Economic Development Districts (EDDs) across the nation, as well as local economic and community developers and investors, target…

EDA: $3 Million Invested to Equip Biotech Incubator in Irvine, CA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to The Beall Family Foundation of Newport Beach, California to provide scientific lab equipment for use at the University Lab Partners biotech incubator facility in Irvine. The EDA grant, to be matched with $3…

EDA: $740,000 Invested to Support Natural Disaster Recovery and Resiliency Efforts in Wisconsin

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $740,000 grant to the Mississippi River Regional Planning Commission (MRRPC) of La Crosse, Wisconsin, to support the creation of an economic recovery and resiliency plan to mitigate future flooding and storm-related impacts in the villages of Ontario, Readstown, Viola, and La Farge….

EDA: $7.4 Million Invested to Support Workforce Training and Emergency Management Efforts in Disaster-Impacted Areas of California

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $7.4 million in the state of California to support disaster-related workforce training and emergency management efforts. The EDA grants will be matched with $1.075 million in local investment. “Ensuring that communities have the trained workforce and adequate planning…

EDA: Investment Made to Support Business Education in New York

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $800,000 grant to TruFund Financial Services, Inc., of New York, New York to support the Hunts PoinEt Growth and Resiliency Program. The two-year program will provide business education classes and one-on-one counseling led by TruFund staff and subject matter experts. The EDA…

EDA: Investment Made to Support Entrepreneurial and Start-up Growth in West Virginia

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $708,300 grant to New River Gorge Regional Development Authority in Beckley, West Virginia to promote business development, job creation, job retention, and private investment in Southern West Virginia by expanding WV HIVE entrepreneur and business assistance programs. The EDA grant project, to…