EDA

EDA: $1.6 Million Invested to Support Research and Education in Pittsburg, KS Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to Pittsburg State University, Pittsburg, Kansas, to provide instrumentation and equipment to the newly established National Institute for Materials Advancement at the Kansas Polymer Research Center. The EDA grant, to be located in a Tax…

EDA: $2.9 Million in CARES Act Recovery Assistance Invested to Create Center for National Pandemic Resliency in Biosciences in St. Louis, MO

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million CARES Act Recovery Assistance grant to BioSTL, St. Louis, Missouri, to create the Center for National Pandemic Resilience in Biosciences. The EDA grant, to be matched with $741,030 in local investment, is expected to create…

EDA: $1.7 Million in CARES Act Recovery Assistance Invested to Boost Kansas State University Efforts for Coronavirus Pandemic

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million CARES Act Recovery Assistance grant to Kansas State University, Manhattan, Kansas, to modernize and retool the University’s Technology Development Institute in response to adverse economic impacts caused by the coronavirus pandemic. The EDA grant, to…

EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Capitalize Revloing Loan Fund in Del Norte County, CA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the Arcata Economic Development Corporation, Eureka, California, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to small businesses and entrepreneurs adversely affected…

EDA: $8 Million Invested in CARES Act Recovery Assistance to Establish Revolving Loan Fund in Colorado

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding an $8 million CARES Act Recovery Assistance grant to Colorado Lending Source, LTD, Denver, Colorado, to establish a Revolving Loan Fund (RLF) that will provide critical loans to small businesses and entrepreneurs adversely affected by the coronavirus pandemic…

EDA: $500,000 Invested in CARES Act Recovery Assistance to Support Small Businesses Statewide in Louisiana

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to the Good Work Network, New Orleans, Louisiana, to create a statewide virtual business training center that will provide resources for small- and minority-owned businesses. The project, to be matched with $135,000 in local funds, is expected to create 80…

EDA: Investment Made to Establish Disaster Resilient Workforce Training Center in Northern Mariana Islands Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is making a critical recovery award using Fiscal Year 2019 Disaster Supplemental funds to Northern Marianas College (NMC), Saipan, Northern Mariana Islands, to construct a three-story, approximately 20,158 square foot, typhoon resistant, ADA compliant Workforce Development and Training Center. The…

EDA: $3 Million Invested in CARES Act Recovery Assistance to Aid Reopening of Tourism Economy in South Carolina

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to the South Carolina Department of Parks, Recreation and Tourism, Columbia, South Carolina, to support the implementation of the state’s Tourism Recovery Marketing Plan to assist its tourism industry’s economic…

EDA: $2.9 Million Invested to Support Establishment of the Global Forum for Freedom and Justice in Birmingham, AL

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million grant to the Global Forum for Freedom and Justice, Washington, D.C., to develop a feasibility study to determine where to establish the Global Forum for Freedom and Justice in Birmingham, Alabama. “The United States was…

EDA: $6.4 Million Invested to Improve Water Treatment Infrastructure in Pembroke, NC Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $6.4 million grant to the town of Pembroke, North Carolina, to make critical wastewater infrastructure improvements needed to protect and support the community and its businesses. The EDA grant, to be located in a Tax Cuts and Jobs…