Grant

January 20 - 24, 2020

  • EDA announced five investments from January 20-24, 2020, totaling $1,182,267, which is matched by $819,738 in local investments. These investments include the following: (1) $65,030 in one Economic Adjustment Assistance project to help communities design and implement strategies to adjust or bring about change to their economy in response to structural damage to their underlying economic base; (2) $627,237 in one Public Works project to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 3,465 jobs; and (3) $490,000 in three Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.
    • $65,030 in one Economic Adjustment Assistance project, with no local match, as follows:
      • $65,030, with no local match, to the Forest County Potawatomi Community, Crandon/Forest County, Wisconsin, to support the Forest County Potawatomi Community with conducting a study to determine the feasibility of a communications and information technology training center, to help increase the number of STEM-based employment opportunities in the region. The study will help the local tribe determine how best to encourage additional growth in media and technology-based sectors in Forest County, Wisconsin. Once completed, the training center will provide a central location for skill enhancement and entrepreneurship support in the area, which will lead to the creation of jobs and spur business throughout the region.
    • $627,237 in one Public Works project, matched by $627,238 in local investment, as follows:
      • $627,237, matched by $627,238 in local investment, to the City of Indianola, Indianola/Warren County, Iowa, to fund construction of an access road along Iowa Avenue industrial park to serve the Missouri Valley Joint Apprentice Training Center (JATC) facility in the city of Indianola. The project will help address the region’s need for a skilled workforce, specifically electrical lineman by providing apprentice with accessibility to the JATC training facility. Once completed, the project will promote higher paying employment opportunities, and support economic growth throughout the region. The grantee estimates that this project will help create $3,465 jobs.
    • $490,000 in three Partnership Planning projects, matched by $192,500 in local investments, 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.