Investment

EDA: $2 Million Invested to Bolster Healthcare Training at the University of Arkansas Community College at Morrilton

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 University of Arkansas Community College at Morrilton (UACCM), Morrilton, Arkansas, to build a new Allied Health and Science Center. This project will consolidate the school’s health professional training programs into one…

EDA: $1.5 Million Invested for Industrial Park Development to Support Business Growth in Weslaco, TX

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the Weslaco Economic Development Corporation, Weslaco, Texas, to provide critical infrastructure in support of the new Mid Valley International Industrial Park. This project will support commercial, industrial, cold storage, and warehousing businesses…

EDA: $46 Million in American Rescue Plan Funds Invested Last Week

Last week, the following grants were made under the American Rescue Plan Funds program and the CARES Act Recovery Assistance program: July 27, 2022 – U.S. Department of Commerce Invests $3.3 Million in American Rescue Plan Funds for Infrastructure Upgrades to Support Business and Job Growth in Douglas, Massachusetts July 27, 2022 – U.S. Department of Commerce…

EDA: $3 Million Invested to Boost Entrepreneurial Growth in Marion, IL

Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Watermark Auto Group Foundation, Marion, Illinois, to renovate the historic Citadel building to house the Entrepreneurial and Technical Opportunities (EThOs) business incubator. This grant will provide a 21,000-square-foot facility for small business…

EDA: $5.5 Million Invested to Support Transportation Infrastructure Improvements in American Canyon, CA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.5 million grant to the city of American Canyon, California, to improve transportation infrastructure in the Green Island Industrial District (GRID). This grant is funded by the American Rescue Plan. This project will recondition and expand…

EDA: $2.1 Million Invested to Expand Industrial Park in Batesville, AR

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the city of Batesville, Arkansas, to make critical infrastructure at the city’s industrial park. This grant will construct roads, water, and sewer infrastructure to support expansion and business development at the industrial…

EDA: $1.2 Million Invested to Support Development of Maine Spaceport Complex in Augusta, ME

Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Maine Space Grant Consortium, Augusta, Maine, to support development of the Maine SpacePort Complex. This project will finalize a strategic plan addressing workforce development, business development, and external engagement needs for the…

EDA: Nearly $70 Million in American Rescue Plan Funds Invested Last Week

Last week, the following grants were made under the American Rescue Plan Funds program and the CARES Act Recovery Assistance program: July 20, 2022 – U.S. Department of Commerce Invests $3.7 Million in American Rescue Plan Funds to Support Business Development in Vicksburg, Michigan July 20, 2022 – U.S. Department of Commerce Invests $1.8 Million in American…

EDA: $1.5 Million Invested to Support Construction of Continuing Education Training Facility at South Texas College in McAllen, TX

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to South Texas College, McAllen, Texas, to support construction of a 20,000 square foot facility to house the college’s continuing education training programs. This grant will provide new opportunities and expanded space for…

EDA: $4.2 Million Invested to Support Workforce Development Efforts in Southern Illinois

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to John A. Logan College, Carterville, Illinois, to construct the John A. Logan College Career and Technical Center at the college’s campus in Southern Illinois. This investment will allow John A. Logan College…