EDA: $4.7 Million in CARES Act Recovery Assistance Invested to Support Business Growth and Economic Development Resiliency Efforts in Alabama
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $4.7 million in CARES Act Recovery Assistance grants to help the state of Alabama prevent, prepare for, and respond to the coronavirus. “President Biden is committed to unleashing the full power of the federal government to ensure our…
EDA: $3.15 Million in CARES Act Recovery Assistance Invested to Support Businesses Growth and Workforce Development Efforts in Northwest Ohio
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.15 million in CARES Act Recovery Assistance grants to help the state of Ohio prevent, prepare for, and respond to coronavirus. “The Biden Administration is committed to providing our communities with the resources they need to build booming…
EDA: $2.4 Million in CARES Act Recovery Assistance Invested to Establish Revolving Loan Fund to Assist Disadvantaged Entrepreneurs in NY and NJ
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to BOC Capital Corporation, Brooklyn, New York, to capitalize and administer a Revolving Loan Fund that will provide critical gap financing to disadvantaged entrepreneurs in minority communities in New York…
EDA: $1.78 Million in CARES Act Recovery Assistance Invested to Support Growth of Tourism Sector in Angoon, AK
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.78 million CARES Act Recovery Assistance grant to the city of Angoon, Alaska, to support growth of the region’s tourism economy. This EDA grant is expected to create 22 jobs and generate $450,000 in private investment. “COVID-19…
HUD: Multifamily Housing Inspections to Resume in June
On Friday, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced that HUD will substantially increase housing inspections, beginning on June 1, 2021. HUD’s inspections are instrumental in identifying unsafe conditions and supporting HUD’s work with housing providers to mitigate them. Thirteen months ago, in response to the COVID-19 pandemic and…
SBA: Shuttered Venue Operators Grants Reopened for Applications on April 24th at 12:30 p.m. EDT
Applicants can register today; updated documents now available The U.S. Small Business Administration will reopen the Shuttered Venue Operators Grant application portal tomorrow, April 24, 2021, at 12:30 p.m. EDT for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives to apply for…
SBA: Supplemental Targeted Advance Launched for Small Businesses Hardest Hit by COVID-19
The U.S. Small Business Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental Targeted Advances – on April 22, 2021 that will provide $5 billion in additional assistance to 1 million small businesses and nonprofit organizations that have been most severely affected by the economic effects of the COVID-19 pandemic. The…
Census Bureau: Small Business Pulse Survey Phase 4 Weekly Data Released
The U.S. Census Bureau today released new data from the fourth phase of the Small Business Pulse Survey (SBPS). Data collection began Feb. 15. Results will be released weekly Feb. 25 to April 22. The SBPS includes questions on topics such as location closings, changes in employment, disruptions in the supply chain, the use of federal assistance initiatives such…
SBA: First-of-its-Kind Technology Initiative for Restaurant Revitalization Fund Announced
Point-of-sale service providers will support eligible restaurant owners with innovative technology solutions The U.S. Small Business Administration announced today the first round of technology partners participating in a new initiative for the Restaurant Revitalization Fund (RRF) – a program that will allow eligible restaurants and other food establishments to access the RRF application or data they need…
EDA: $5.5 Million in CARES Act Recovery Assistance Invested to Provide Business Capital and Boost Broadband Capacity in Texas
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $5.5 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “President Biden remains steadfast in his support of small businesses as they build back better from the…