EDA: $2.9 Million Invested to Boost Business Growth Near Opportunity Zone in Marshalltown, IA
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 city of Marshalltown, Iowa, to make infrastructure improvements needed to support industrial development. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $1.4 million…
EDA: $518,400 Invested to Protect Businesses from Flooding in Iowa Falls, IA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $518,400 grant to the city of Iowa Falls, Iowa, to flood-proof the public water supply and wastewater treatment facility to protect businesses from flooding. The EDA grant, to be matched with $129,600 in local investment, is expected to retain 75 jobs and…
EDA: $3 Million Invested to Boost Manufacturing Growth in Mission, TX
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 Mission Economic Development Corporation, Mission, Texas, to make critical infrastructure improvements needed to advance economic growth in the Shary Village Industrial Park and improve the area’s resilience against future natural disasters. The…
EDA: Over $53 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic
The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: September 11, 2020 – U.S. Department of Commerce Invests $68,250 in CARES Act Recovery Funds to Support Entrepreneurial Growth Efforts in West Michigan…
EDA: $2 Million Invested to Establish Flex Lab One Building at Clemson University to Support Advanced Manufacturing in South Carolina
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to LICAR, LLC., Greenville, South Carolina, to construct the Clemson University Land Stewardship Foundation’s Flex Lab One Building on the Clemson University International Center for Automotive Research campus. The EDA grant, to be matched…
EDA: $646,559 Invested to Make Critical Water Infrastructure Improvements in Somerset, MA Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $646,559 grant to the town of Somerset, Massachusetts, to make water infrastructure improvements needed to support future business growth. The EDA grant project, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $646,559 in local funds and…
EDA: $2.5 Million Invested to Boost Business and Export Opportunities in Granite City, IL Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to America’s Central Port District, formerly known as Tri-City Regional Port District, Granite City, Illinois, to make storage-based infrastructure improvements needed to increase the Port’s capacity to handle freight and boost export opportunities. The…
EDA: $2.3 Million Invested to Protect Businesses from Flooding in Mauoketa, IA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the city of Maquoketa, Iowa, to make stormwater infrastructure improvements needed to protect the city’s industrial parks and commercial areas from future floods. The EDA grant, to be located in a Tax Cuts and…
EDA: $1.5 Million Invested to Build Infrastructure Needed to Support Business Growth Near Opportunity Zone in Hermiston, OR
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 the city of Hermiston, Oregon, to build water, sewer, and road infrastructure needed to create ‘shovel-ready’ industrial parcels for development within the South Hermiston Industrial Park. The EDA grant, to be located near…
EDA: Over $33 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic
The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: September 3, 2020 – U.S. Department of Commerce Invests $7.2 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping…