Grant

January 4 - 11, 2018

  • $1,152,961 in two Public Works projects as follows:
    • $615,673 to the City of Gothenburg, Nebraska, to support the extension of the water distribution and sanitary sewer collection systems to provide service to an existing industrial subdivision that currently has limited water service and utilizes an outdated septic system. The improvements will help build a reliable water system that will supply the economic needs of the growing industrial area in the City of Gothenburg, Nebraska. This investment will help strengthen the local economy, support private capital investment and create jobs throughout the region. The grantee estimates that this investment will help create 20 jobs, save 73 jobs, and leverage $675,000 in private investment.
    • $537,288 to the Taylorville Development Association and the City of Taylorville, Illinois, to fund the construction and upgrade of a water system, sanitary sewer, storm drainage, road improvements, and equipment to a commercial and industrial park in Taylorville. 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 grantees estimate that this investment will help create 318 jobs and leverage $60 million in private investment.
  • $2,009,147 in three Economic Adjustment Assistance projects as follows:
    • $300,000 to the Renaissance Entrepreneurship Center, San Francisco, California, to provide support to individuals in economically distressed communities to develop the technical skills, business acumen, confidence, and networks needed to start and grow their own businesses, build foundational skills and prepare them to locate their operations throughout the local community. The investment will sup$938,447 to Prairie State College, Chicago Heights, Illinois, to support the purchase and installation of equipment and other platforms to house a mobile workforce training center specialized in welding and machining. This project will provide on-site job training at area employer and community organizing locations, in Cook County. The investment will support workforce development efforts throughout the region, which will boost manufacturing and logistics sectors locally, create jobs and provide economic stability. The grantee estimates that this investment will help create 350 jobs, save 100 jobs, and leverage $8.5 million in private investment.port workforce development efforts throughout the region, which will revitalize the economy and create jobs. The grantee estimates that this investment will help create 50 jobs.
    • $80,000 to the Tahoe Prosperity Center, Incline Village, Nevada, to fund a broadband feasibility study to identify opportunities for investment in an advanced fiber optic network in the Tahoe Basin region of California and Nevada. Results of this study will provide essential information to support the region’s effort in building a broadband system to diversify its economy and increase its resiliency against natural disasters, which will help sustain and grow businesses throughout the region.
  • $363,000 in two 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.