EDA: $13 Million Invested to Build Disaster Resilient Business Incubator in Puerto Rico Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $13 million grant to the University of Puerto Rico in Ponce to establish a disaster resilient research and business facility to support high-growth businesses focused on the health and medical tourism industries. The EDA grant, to be…
EDA: $1 Million Invested to Establish Revolving Loan Fund to Serve Small Businesses in Eastern Idaho
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the East-Central Idaho Planning & Development Association (ECIPDA) of Rexburg, Idaho, to establish a Revolving Loan Fund (RLF) to assist the growth of small businesses in Butte, Clark, Custer, Fremont, Jefferson, Lemhi, Madison…
EDA: $1.5 Million Invested to Support Disaster Resiliency Planning in Des Moines, IA
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 Iowa Economic Development Authority of Des Moines, Iowa, to develop and integrate comprehensive disaster assessments and resiliency plans for Mills and Fremont counties. The EDA grant will be matched with more than…
EDA: $2.75 Million Invested to Strengthen Cybersecurity Industry in Colorado Springs, CO Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.75 million grant to the Regents of the University of Colorado, Colorado Springs, Colorado, to expand and renovate the University of Colorado cybersecurity building. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…
EDA: $1.5 Million Invested to Make Critical Infrastructure Improvements in Johnston County, NC
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 Johnston County, North Carolina, to make critical water infrastructure improvements needed to serve a major regional distribution center. The EDA grant, to be matched with $1.5 million in local investment, is expected to…
EDA: $1.5 Million Invested to Improve Internet Bandwidth for Businesses in Corning, NY Opportunity Zones
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 Southern Tier Network, Inc. in Corning, New York, to install approximately 83 miles of high-speed dark fiber-optic cable to support businesses in six counties. The EDA grant, to be located near 11 Opportunity Zones,…
EDA: $1.4 Million Invested to Attract Foreign Direct Investment to New York, NY Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to Yeshiva University’s Innovation Lab in New York, New York, to provide technical assistance to Israeli firms seeking to locate in New York City. The EDA grant, to be located in an Opportunity Zone, will…
EDA: $700,000 Invested to Support Tribal Disaster Recovery Efforts in Oklahoma
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $700,000 grant to the Cheyenne and Arapaho Tribes in Concho, Oklahoma, to advance long-term economic recovery and resilience planning efforts following the 2018 wildfires. The EDA grant will be matched with $307,604 in local investment. “The Trump Administration is working diligently to…
EDA: $539,788 Invested to Advance Disaster Recovery Efforts in Butte County, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $539,788 grant to the County of Butte, California, to develop and implement a business resiliency strategy and a long-term regional economic recovery plan. “The Trump Administration is working diligently to support communities impacted by natural disasters to both recover and rebuild stronger,”…
EDA: $2.5 Million Invested to Improve Critical Commercial Roadway in Hidalgo, TX 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 the city of Hidalgo, Texas, to make critical roadway and drainage repairs needed to improve Produce Road, a major trade gateway. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity…