EDA: $4.8 Million Invested to Establish Small Business Center in North Carolina Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.8 million grant to the town of Fair Bluff, North Carolina, to construct the Town of Fair Bluff Small Business Center. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched…
EDA: $1.8 Million Invested to Improve Infrastructure in McCreary County, KY Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to the McCreary County Water District of Whitley City, Kentucky, to upgrade existing sewer infrastructure to accommodate business growth, including the expansion of a local manufacturer. The EDA grant, to be located in a Tax…
EDA: $2 Million Invested to Protect Businesses from Flooding in Wells, NV
oday, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Wells, Nevada, to make critical water infrastructure improvements needed to maintain commercial and industrial operations during significant flood events. The EDA grant, to be matched with more than $270,000 in…
EDA: $1 Million Invested to Establish Revolving Loan Fund for Businesses in Opportunity Zones in Southeast New Hampshire
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 Rockingham Economic Development Corporation (REDC) of Raymond, New Hampshire, to establish a Revolving Loan Fund (RLF) to provide critical gap financing to businesses and entrepreneurs in the REDC service area. The EDA…
EDA: $2.5 Million Invested to Provide Critical Infrastructre to Serve Tribal Businesses in Oklahoma 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 Citizen Potawatomi Nation, Shawnee, Oklahoma, to make critical infrastructure improvements needed to support diversified business growth at the Iron Horse Industrial Park. The EDA grant, to be located in a Tax Cuts and…
EDA: $2.5 Million Invested to Support Manufacturing Workforce Training Opportunities in St. Cloud, MN
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 St. Cloud Technical & Community College, St. Cloud, Minnesota, to build a new Advanced Manufacturing Training Lab. The lab will provide the necessary training to workers to meet the demand of regional manufacturers….
EDA: $2 Million Invested to Construct Resilient Water Infrastructure and Support 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 the Powdersville Water District in Easley, South Carolina, to make water infrastructure improvements needed to serve a major advanced manufacturing exporter of power tools and other businesses in the region. The EDA grant,…
EDA: $562,000 Invested to Install New Boat Moorings to Boost U.S. Virgin Islands Tourism Industry
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $562,000 grant to the Virgin Islands Professional Charter Association of Saint Thomas, U.S.V.I., to support the tourism sector by installing moorings in the bays of the U.S. Virgin Islands as part of the recovery effort following Hurricanes Irma and Maria. The EDA…
EDA: $800,000 Invested to Establish Revolving Loan Fund to Serve Small Businesses in Seven Disaster-Impacted South Dakota Counties
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to the West River Foundation for Economic and Community Development in Sturgis, South Dakota, to establish a Revolving Loan Fund (RLF) to assist small businesses impacted by natural disasters in Bennett, Butte, Custer, Fall River, Meade, Pennington, and Perkins counties….
EDA: $748,500 Invested to Improve Wastewater Infrastructure in Prattsburgh, NY
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $748,500 grant to the town of Prattsburgh, New York, to make critical wastewater improvements needed to support growth in the city’s downtown business district. The EDA grant will be matched with $748,500 in federal and local funds. “Supporting our communities as they…