Investment

EDA: $6 Million Invested for Infrastructure Improvements to Boost High-Tech Business Growth in Cass County, MI

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $6 million grant to the Midwest Energy Cooperative, Cassopolis, Michigan, a community that traditionally has been dependent on nuclear plants, to construct the needed road, sewer, and water infrastructure to support the 234-acre Southwest Michigan Advanced Research…

EDA: $5.1 Million in CARES Act Recovery Assistance Invested to Construct a Warehouse and Hangar Facility to Support Job Creeation in Mobile, AL

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.1 million CARES Act Recovery Assistance grant to the Mobile Airport Authority, Mobile, Alabama, to construct a multi-use cargo warehouse and hangar facility at the Mobile Aeroplex, promoting business expansion and job creation. This EDA grant,…

EDA: $3.8 Million in CARES Act Recovery Assistance Invested to Support Innovation and Entrepreneurship in Flint, MI

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million CARES Act Recovery Assistance grant to the University of Michigan-Flint, Flint, Michigan, to construct the university’s new College of Innovation and Technology. This EDA grant, to be matched with $4.9 million in local funds,…

EDA: $3.4 Million in CARES Act Recovery Assistance Invested to Support Economic Resiliency in California

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.4 million in CARES Act Recovery Assistance grants to help the state of California prevent, prepare for, and respond to the coronavirus. “President Biden is working to ensure that communities recovering from the economic impacts of the…

EDA: $2.8 Million in CARES Act Recovery Assistance to Support Airport Hanger Expansion in Roswell, NM

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million CARES Act Recovery Assistance grant to the city of Roswell, New Mexico, to construct an airport hangar addition at the Roswell Air Center and support business expansion. This EDA grant is expected to create…

EDA: $2.8 Million in CARES Act Recovery Assistance Invested for Water Infrastructure Improvements to Support Steel Industry in Osceola, AR

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million CARES Act Recovery Assistance grant to the city of Osceola, Arkansas, to make water and wastewater improvements to support the region’s growing steel sector. This EDA grant, to be matched with $955,405 in local…

EDA: $2.6 Million Invested to Create Jobs and Clean Energy Products Manufacturing Opportunities in Clarksburg, WV

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to the Harrison County Commission, Clarksburg, West Virginia, to build and establish a clean energy products manufacturing facility, creating jobs, and spurring private investment in this hard-hit former coal mining community. This EDA…

EDA: $2.4 Million Invested to Build Business Innovation Center to Support Coal Communities in Rosebud County, MT

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the Southeastern Montana Development Corporation, Colstrip, Montana, to help build a Business Innovation Center to support economic and workforce development. This EDA grant, to be matched with $600,000 in local funds, is…

EDA: $2.2 Million in CARES Act Recovery Assistance Invested to Support Arizona’s Tourism Sector

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million CARES Act Recovery Assistance grant to the Arizona Office of Tourism, Phoenix, Arizona, to support the recovery of Arizona’s tourism sector. This EDA grant is expected to create 12,500 jobs and retain 87,100 jobs….

EDA: $2.2 Million in CARES Act Recovery Assistance Invested to Construct a Wastewater Treatment Plant in Estill, SC

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million CARES Act Recovery Assistance grant to the town of Estill, South Carolina, to construct a wastewater treatment plant and support spray field improvements designed to support business expansion and create jobs. This EDA grant…