Investment

EDA: Investment Made to Help Establish Training Center for Maintenance Technology Programs at Pensacola International Airport

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $12.25 million grant to the city of Pensacola, Florida, to make critical infrastructure improvements needed to establish a maintenance training facility at Pensacola International Airport. The EDA grant, to be matched with more than $36 million in…

EDA: Investment in Hurricane Harvey Disaster Recovery Made in Anahuac, TX Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to the city of Anahuac, Texas, to protect businesses from future floods by rebuilding a wastewater treatment plant that was severely damaged by Hurricane Harvey in 2017. The investment, to be located in a Tax…

EDA: $1.2 Million Invested to Stoke Post Disaster Business and Entrepreneurial Activity 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 $1.2 million grant to Operation Hope, Inc., of Atlanta, Georgia, to provide up to 300 technical assistance workshops in the Commonwealth of Puerto Rico to help small businesses and entrepreneurs grow and succeed following Hurricanes Irma and…

EDA: $3 Million Invested to Support Growth in Floyd County, IN

 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 Floyd County Commissioners of New Albany, Indiana, to make critical roadway infrastructure improvements needed to serve an industrial park that will support high-tech businesses. The EDA grant, to be matched with $3…

EDA: $2.8 Million Invested to Protect Coral Springs, FL Corporate Park Area from Flooding

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million grant to the city of Coral Springs, Florida, to make improvements to better manage storm water at the 442-acre Corporate Park business area. This EDA grant will be matched with $1.97 million in local investment,…

EDA: $2 Million Invested to Help Build a Tribally-Owned Manufacturing and Warehouse Facility in Michigan

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 Sault Ste. Marie Tribe of Chippewa Indians in Sault Ste. Marie, Michigan, to help construct a new manufacturing and warehouse facility that will serve as the foundation for tribally-led regional business development….

EDA: $3 Million Invested to Support Workforce Training Efforts in Illinois

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to Illinois Central College in East Peoria, Illinois, to support development of its new Workforce Sustainability Center. This EDA grant will be matched with nearly $6 million in state and local matching funds, and…

EDA: Investment Made to Protect Dayton, TN Businesses from Future Flood Events

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the city of Dayton, Tennessee, to upgrade critical water infrastructure needed to protect local businesses from future flood events. The grant, to be matched with $11.8 million in local funds, is expected to…

SBA: $100,000 Awarded to Veteran Owned Small Business Growth Pilot Training Program

The U.S. Small Business Administration today announced a partnership with the Veteran Entrepreneurial Training and Resource Network (VETRN) to establish a pilot training program for military veterans who are small business owners and their immediate family members. The Veteran Owned Small Business Growth Training program will equip these entrepreneurs with the resources and networks necessary to grow…

HUD: Record $2.3 Billion Available to Support Thousands of Local Homeless Programs

In a continuing effort to prevent and end homelessness, the U.S. Department of Housing and Urban Development (HUD) today is making a record $2.3 billion available to support thousands of local homeless assistance programs nationwide. Read HUD’s Notice of Funding Availability (NOFA). HUD’s Continuum of Care homeless assistance grants support a wide variety of local programs…