Pandemic

CDFI Fund: U.S. Treasury Awarded $1.25 Billion to Support Economic Relief in Communities Affected by COVID-19

Announcement made by Vice President Harris alongside Treasury Secretary Janet Yellen, U.S. Senator Mark Warner, and U.S. Representative Maxine Waters The U.S. Department of the Treasury today awarded $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs). The awards were announced today by Vice President Kamala Harris at the White House…

Census Bureau: Small Business Pulse Survey Phase 5 Weekly Data Released

The U.S. Census Bureau today released new data from the fifth phase of the Small Business Pulse Survey (SBPS). Data collection began May 17. Results will be released weekly May 27 to July 22. The SBPS includes questions on small business operations and finances, requests and receipt of assistance, COVID-19 vaccinations and testing, measures of overall well-being, and…

EDA: $4 Million in CARES Act Recovery Assistance Invested to Support Business Expansion in Du Quoin, IL

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million CARES Act Recovery Assistance grant to the city of Du Quoin, Illinois, to build a 500,000-gallon elevated water storage tank at the city’s industrial park to accommodate business expansion efforts and attract new businesses….

EDA: $1.8 Million in CARES Act Recovery Assistance Invested to Support Tourism Recovery in Nebraska

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million CARES Act Recovery Assistance grant to the Nebraska Tourism Commission, Lincoln, Nebraska, to boost the state’s tourism industry through coordination and marketing. This EDA grant, to be matched with $450,000 in local funds, is…

EDA: $1.6 Million in CARES Act Recovery Assistance Invested to Build Economic Development Resource Center in Bossier City, LA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million CARES Act Recovery Assistance grant to the Coordinating and Development Corporation, Bossier City, Louisiana, to construct the Northwest Louisiana one-stop resource center, allowing for business development and growth. This EDA grant will be matched…

EDA: $754,840 in CARES Act Recovery Assistance Invested to Support Medical Technology Innovators in Southeast Michigan

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $754,840 CARES Act Recovery Assistance grant to the Wayne State University Research and Technology Park, Detroit, Michigan, to support innovation and entrepreneurship in the region’s medical and manufacturing sectors. This EDA grant, to be matched with $249,900 in local investment, is expected…

EDA: $1.6 Million in CARES Act Recovery Assistance Invested to Help Louisiana Ports Respond to Disasters and Better Prepare for Future Challenges

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million CARES Act Recovery Assistance grant to The Water Institute of the Gulf, Baton Rouge, Louisiana, to develop the Lower Mississippi SmartPort and Resilience Center (SmartPort). This EDA grant, to be matched with $1.4 million…

EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Boost Economic Recovery at the Menominee Reservation in Wisconsin

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the Menominee Indian Tribe of Wisconsin, Keshena, Wisconsin, to develop economic recovery strategies that will strengthen, diversify, and add resilience to the regional economy.  “President Biden is committed…

EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Small Businesses and the Medical Technology Industry in Michigan

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $1.5 million in CARES Act Recovery Assistance grants to help the state of Michigan prevent, prepare for, and respond to coronavirus. “President Biden is committed to harnessing the full power of the federal government to ensure our…

Census Bureau: Small Business Pulse Survey Phase 5 Weekly Data Released

The U.S. Census Bureau today released new data from the fifth phase of the Small Business Pulse Survey (SBPS). Data collection began May 17. Results will be released weekly May 27 to July 22. The SBPS includes questions on small business operations and finances, requests and receipt of assistance, COVID-19 vaccinations and testing, measures of overall well-being, and…