Investment

EDA: $2 Million in CARES Act Recovery Assistance Invested to Boost Manufacturing and Industrial Development in Sikeston, MO

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Sikeston, Missouri, to support development of the South Industrial Park. This EDA project, to be matched with $657,000 in other federal funds and $236,700 in local funds, is expected…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Manufacturing Growth in Huron, OH

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the city of Huron, Ohio, to reconstruct Sawmill Parkway, a critical roadway that serves Erie County’s largest industrial park. This EDA grant, to be matched with $1.3 million…

EDA: $1.2 Million in CARES Act Recovery Assistance Invested for Broadband Infrastructure in Bernalillo County, NM

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the county of Bernalillo, New Mexico, to build fiber optic infrastructure to support business expansion. This EDA grant, to be matched with $303,147 in local funds, is expected…

SBA: Grants Awarded to 33 Organizations to Help Underserved Communities Succeed with the Small Business Innovation Research Program

The U.S. Small Business Administration issued 33 grant awards up to $125,000 each for specialized training, mentoring, and technical assistance for research and development (R&D)-focused small businesses under the Federal and State Technology (FAST) Partnership Program.  FAST seeks to improve outcomes in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs for underserved communities…

SBA: Plan Announced to Open Supplemental Grants for Shuttered Venue Operators Grant Applicants

All potential SVOG applicants encouraged to apply Today, the U.S. Small Business Administration is announcing a call to all eligible Shuttered Venue Operators Grant (SVOG) applicants seeking economic aid for live entertainment small businesses, nonprofits, and venues. New applications will be accepted until 11:59 p.m. PT on Friday, August 20, 2021. The SVOG program has so far…

CDFI Fund: AmeriCorps and CDFI Fund Launch Economic Mobility Corps

More than $2.5 million invested to place 156 AmeriCorps members for two years in Community Development Financial Institutions AmeriCorps and the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) today announced three Community Development Financial Institutions (CDFIs) were awarded more than $2.5 million through the inaugural round of the AmeriCorps CDFI Economic Mobility Corps (EMC)…

HUD: $30 Million Awarded to Help Low-Income Elderly Homeowners Age in Place

The U.S. Department of Housing and Urban Development (HUD) today awarded $30 million to 32 nonprofit organizations, state and local governments, and public housing authorities to assist in undertaking comprehensive programs that make safety and functional home modifications and limited repairs to meet the needs of low-income elderly homeowners that allow them to age in…

EDA: $2.5 Million in CARES Act Recovery Assistance Invested to Support Business Development and Training at Stephen F. Austin State University in Texas

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million CARES Act Recovery Assistance grant to Stephen F. Austin State University, Nacogdoches, Texas, to support the Center for Applied Research and Rural Innovation and promote business development and workforce training efforts. This EDA grant,…

EDA: $2.4 Million in CARES Act Recovery Assistance Invested to Support Tourism Recovery in Maine

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to the Maine Department of Economic and Community Development, Augusta, Maine, to boost the state’s tourism industry through promotion and marketing. This EDA grant, to be matched with $600,000…

EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Healthcare and Workforce Training at Cossatot Community College in Arkansas

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Cossatot Community College of the University of Arkansas, De Queen, Arkansas, to support a Medical Mobile Unit and create a healthcare simulation lab and telemedicine space at all…