Grant

December 14 - 20, 2018

  • $666,000 in one Public Works project as follows:
    • $666,000 to the Winchester Economic Development Corporation, Winchester/Cheshire County, New Hampshire, to fund construction of roadway, sewer, water and drainage infrastructure to establish the 24-acre first phase of a 55-acre manufacturing-focused industrial park. The improvements will enhance the marketability of the park and its assets by enabling existing industrial businesses to expand while attracting new industrial development to the area, which will strengthen the local economy, support private capital investment and create jobs throughout the region. The grantee estimates that this investment will help create 243 jobs and leverage $19,000,000 in private investment.
  • $838,600 in four Economic Adjustment Assistance projects as follows:
    • $300,000 to the E Foundation for Oklahoma Inc., Oklahoma City/Oklahoma County, Oklahoma, to fund a feasibility study to evaluate the economic impact of developing a multi-modal airport facility to support international trades, exporting locally manufactured goods, and attracting foreign direct investment (FDI). The study supports regional planning for business expansions in the area and advancement in the agricultural, manufacturing, and technology sectors, which will strengthen the regional economy.
    • $250,000 to the Women’s Economic Self-Sufficiency Team Corp, Albuquerque/Bernalillo County, New Mexico, to support the Women’s Economic Self-Sufficiency Team (WESST) with establishing the Craft Entrepreneurship Program. The program will provide training, workshops, assistance, and resources to improve business skills for participating entrepreneurs, which will help to spur innovation and entrepreneurship, increase long-term regional competitiveness and economic diversification.
    • $200,000 to the Workforce Solutions Borderplex, Inc., El Paso/El Paso County, Texas, to fund the Borderplex Regional Life Sciences Assessment to establish a cluster development strategy that will assess the region’s existing life sciences cluster and develop a strategic framework focusing on attraction, formation, and expansion of medical device companies in the region. Once completed, the study will improve marketing of the cluster, which will lead to long-term economic growth and an increase in sustainable job opportunities throughout the region.
    • $88,600 to the ECI Regional Planning District, Inc. and Ball State University, Muncie/Delaware County, Indiana, to fund the East Central Indiana I-69 Corridor Economic Impact Assessment to establish a plan for the modernization of the I-69 corridor in Delaware and Grant counties. The study will evaluate area infrastructure needs along the I-69 corridor to attract and retain businesses and local resident retention, which will guide future infrastructure improvements and bring in new investment, jobs, and related economic activity to diversify and strengthen the regional economy.
  • $490,000 in seven Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy (CEDS) process. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.
  • $62,100 in one Local Technical Assistance project as follows:
    • $62,100 to the University of Connecticut, Storrs/Tolland County, Connecticut, to fund the Connecticut Undersea Supply Chain Consortium (CUSCC): An innovative strategic alliance to enhance competitiveness and resiliency of Connecticut's undersea supplier base. The CUSCC will support regional SMEs through strategic business development, workforce development, technology enhancement and innovation, and regional partnership opportunities. Once completed, the strategy will bring together the public and private sectors by building an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs throughout the region.