EDA: $5.1 Million Invested to Construct Workforce Training Center in Lincoln County, MO
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.1 million grant to Lincoln County, Missouri, to build a workforce training center. The EDA grant, to be matched with $360,000 in local investment, is expected to create nearly 100 jobs and generate $2.8 million in private…
EDA: $2.1 Million Invested to Establish Training Center for Nursing Programs in Schriever, LA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the Fletcher Falcon Enterprise Corporation of Schriever, Louisiana, to build a new healthcare and nursing training facility to support the workforce demands of regional employers. The EDA grant, to be matched with $560,000…
CDFI Fund: New Native CDFI Resource Bank Now Available
A new Resource Bank for the CDFI Fund’s “Building Native CDFIs’ Sustainability and Impact II (BNCSI II)” Capacity Building Initiative training is now available on the CDFI Fund’s website. For more than ten years, the CDFI Fund has used targeted training and technical assistance to build the capacity of the Native CDFI industry. To meet the…
EDA: $2.5 Million Invested to Support Manufacturing Workforce Training Opportunities in St. Cloud, MN
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 St. Cloud Technical & Community College, St. Cloud, Minnesota, to build a new Advanced Manufacturing Training Lab. The lab will provide the necessary training to workers to meet the demand of regional manufacturers….
SBA: Funding Awarded to Organizations Delivering Entrepreneurship Training to Women Veterans and Military Spouses
The U.S. Small Business Administration today awarded $300,000 in grants to three organizations offering entrepreneurship training to women service members, veterans and military spouses. The funding opportunity, offered by SBA’s Office of Veterans Business Development, supports each organization’s entrepreneurial programs for women who serve in our military and veteran communities. Each awardee was chosen based on their demonstrated…
ABA: Bankers Celebrate Financial Capability Month by Taking Teach Children to Save Online
While schools may be closed due to COVID-19, bankers across the country are finding new and innovative ways to share the Teach Children to Save program this year, including virtual financial education lessons for children across the nation. Since 1997, the ABA Foundation’s financial education initiatives have reached 11.1 million young people through more than…
OCC: Paycheck Protection Program Listening Sessions Announced
The Office of the Comptroller of the Currency (OCC) today announced that its Office of Innovation will host three listening sessions on April 16, 20, and 21, to discuss issues and potential solutions relating to the Paycheck Protection Program (PPP) as established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Listening sessions are used to inform…
CDFI Fund: FY 2020 Funding Round of BEA Program Is Now Open
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2020 funding round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s website in anticipation of the publication of the FY 2020 Notice of Funds…
EDA: $4.4 Million Invested to Support Workforce Training in Bennettsville, SC
oday, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to Northeastern Technical College of Cheraw, South Carolina, to establish a new workforce training center. The EDA grant, to be matched with more than $1.1 million in local investment, is expected to create more…
CDFI Fund: Bond Guarantee Program Application Period Opens for FY 2020
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2020 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in guarantee authority is available to Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2020. Through the CDFI Bond…