Grant

November 18 - 22, 2019

  • EDA announced one investment from November 18-22, 2019, for $718,968, which is matched by $720,702 in local investment. This Economic Adjustment Assistance project will 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 that will help create 62 jobs and leverage $2,000,000 in private investment, as follows:
    • $718,968, matched by $720,702 in local investment, to Weber State University, Ogden/Weber County, Utah, to support the development of a new training program for the Ogden-Clearfield Launchpad entrepreneurship center near a designated Opportunity Zone in Weber County. The project will provide a critical infrastructure for early-stage entrepreneurs to become competitive for formal fund-raising activities and serve as a skills training center to fill skill-gaps in the manufacturing and business labor markets. Once implemented, the project will create jobs, spur private investments, and strengthen the regional economy. The grantee estimates that this investment will help create 62 jobs and leverage $2,000,000 in private investment.