Grant

January 6 - 10, 2020

EDA announced 13 investments from January 6-10, 2020, totaling $12,377,300, which is matched by $5,154,325 in local investments. These investments include the following: (1) $11,239,800 in five Economic Adjustment Assistance projects 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, which includes one project for $3,000,000 that will help create 635 jobs and save 55 jobs; and (2) $1,137,500 in eight Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.
- $11,239,800 in five Economic Adjustment Assistance projects, matched by $4,279,950 in local investments, as follows:
  - $7,120,000 in 2018 Disaster Supplemental funding, matched by $1,000,000 in local investment, to the Sonoma County Community College District, Santa Rosa/Sonoma County, California, to support the establishment of a construction and trade employment training facility in Sonoma County, California. The project will help recovery efforts from the Sonoma Complex fires losses by building an infrastructure that will provide instructional training courses in the construction, manufacturing, and trade industries. Once completed, this project will provide future trainee’s with current employment opportunities, promote economic resiliency, and strengthen the regional economy.
  - $3,000,000, matched by $3,000,000 in local investment, to the Beall Family Foundation, Newport Beach/Orange County, California, to fund the purchase of equipment to construct a movable scientific laboratory at the University of Lab Partners located in Research Park in Orange County, California. The project will serve as an incubator that offers new start-up biotech entrepreneurs with affordable access to expensive scientific equipment in a state-of-the-art facility, including office space that can accelerate the development of ideas. Once completed, the project will support innovation, create and retain jobs, and attract private investments. The grantee estimates that this investment will help create 635 jobs and save 55 jobs.
  - $740,000 in 2019 Disaster Supplemental funding, matched by $185,000 in local investment, to the Mississippi River Regional Planning Commission, LaCrosse/LaCrosse County, Wisconsin, to support the Mississippi River Regional Planning Commission (MRRPC) of La Crosse, Wisconsin, with the creation of an economic recovery and resiliency plan to mitigate future flooding and storm-related impacts in the villages of Ontario, Readstown, Viola, and La Farge. The study will analyze the region's safest sites for business, industry workforce housing, community facilities and public infrastructure, which will help lead to the creation of jobs and businesses throughout the region.
  - $300,000 in 2019 Disaster Supplemental funds, matched by $75,000 in local investment, to the Town of Paradise, Paradise/Butte County, California, to fund the hiring of a disaster recovery manager to lead community disaster and emergency management planning in Paradise, California. The project will result in the region having a resource to prepare for response to and recovery from future disasters, which will create economic resiliency and provide sustainable jobs throughout the region.
  - $79,800 in 2018 Disaster Supplemental funding, matched by $19,950 in local investment, to the Greater Poplar Bluff Area Chamber of Commerce, Poplar Bluff/Butler County, Missouri, to support the Greater Poplar Bluff Area Chamber of Commerce with conducting a retail market analysis for the five-county region of Butler, Carter, Reynolds, Ripley, and Wayne counties in Missouri. The study will result in a market report to help address the local and regional need to restore and improve pre-disaster economic conditions. Once completed, the project will provide the region with information needed to attract and expand businesses within the Poplar Bluff downtown Opportunity Zone, which will help sustain the region’s economic growth, support job creation, and promote resiliency after future natural disasters.
- $1,137,500 in eight Partnership Planning projects, matched by $874,375 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.