EDA: $500,00 Invested to Develop Plan to Grow Disaster Resilient Economy in New Orleans, LA Opportunity Zones
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Northeastern University, Boston Massachusetts, to develop a resilience-based strategy for economic development for three Tax Cuts and Jobs ActOpportunity Zone located in East New Orleans, Louisiana. The strategy will serve as a footprint for leveraging private investment and encouraging economic diversification….
EDA: $500,000 Invested to Support Growth of the Manufacturing and Construction Sectors Near Opportunity Zone in Albuquerque, NM
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to DreamSpring of Albuquerque, New Mexico, to support the rollout of its Expreso loan program, which will provide a new financial product to assist businesses in New Mexico and Texas. The EDA grant, to be located near a Tax Cuts and…
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: $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: $1.5 Million Invested to Boost Medical Workforce Training Efforts Near Opportunity Zone in Sheridan, WY
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the Northern Wyoming Community College District (NWCCD) in Sheridan, Wyoming, to improve and expand Northern Wyoming Community College’s Health Sciences Center. The new Center will train students for healthcare jobs with the Indian…
EDA: $13 Million Invested to Build Disaster Resilient Business Incubator 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 $13 million grant to the University of Puerto Rico in Ponce to establish a disaster resilient research and business facility to support high-growth businesses focused on the health and medical tourism industries. The EDA grant, to be…
EDA: $2.75 Million Invested to Strengthen Cybersecurity Industry in Colorado Springs, CO Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.75 million grant to the Regents of the University of Colorado, Colorado Springs, Colorado, to expand and renovate the University of Colorado cybersecurity building. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…
EDA: $1.5 Million Invested to Improve Internet Bandwidth for Businesses in Corning, NY Opportunity Zones
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Southern Tier Network, Inc. in Corning, New York, to install approximately 83 miles of high-speed dark fiber-optic cable to support businesses in six counties. The EDA grant, to be located near 11 Opportunity Zones,…