Grant

October 4 - 8, 2021

EDA announced three investments from October 4-8, 2021, totaling $3,857,712, which is matched by $901,828 in local investments.  These investments include the following: (1) $3,607,712 in one Public Works project to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 218 jobs, save 819 jobs, and leverage $15,000,000 in private investment; and (2) $250,000 in two Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.

  • $3,607,712 in one Public Works project, matched by $901,928 in local investment, as follows:
    • $3,607,712, matched by $901,928 in local investment, to the Workroom Program Alliance/Cleveland Municipal School District, Cleveland/Cuyahoga County, Ohio, to fund the Greater Collinwood Community Career Center Project, to renovate space within the Collinwood High School to be used for adult technical training and workforce development programming with an emphasis on manufacturing skills in Cleveland, Ohio.  The manufacturers and residents on Cleveland's east side have limited access to manufacturing technical training, which leaves businesses and residents underserved.  The capacity to train machining, production, and industrial maintenance skillsets are severely lacking in the area.  The new infrastructure will help existing businesses and allow for business expansion within the area, which will support job creation, attract private investment, create the potential for investment in nearby Opportunity Zones, and advance economic resiliency throughout the region.  The grantees estimate that this investment will help create 218 jobs, save 819 jobs, and leverage $15,000,000 in private investment.
  • $250,000 in two Partnership Planning projects, with no local match, to support the development and implementation of a comprehensive economic development strategy (CEDS).  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.