Grant

September 3 - 7, 2012

$1,500,000 to Mid-South Community College at West Memphis, Arkansas to construct the Mid-South Aviation and Manufacturing Training Facility in West Memphis. Building resiliency through economic diversification, this project supports the development of a skilled workforce to meet the demand of existing and potential employers in the growing alternative energy equipment manufacturing cluster. This EDA investment is part of a $2,614,139 project that minimizes economic dislocations resulting from a major disaster by promoting job creation, supporting economic diversification, or fostering disaster resiliency.
$1,500,000 to City of Sapulpa, Oklahoma to construct road, water and sewer infrastructure for the new Polson Industrial Park in Sapulpa. This project mitigates hazardous conditions created by a snowstorm, while broadening one region's industrial base, and improving resiliency to future disasters. This EDA investment is part of a $2,586,386 project that minimizes economic dislocations resulting from a major disaster by promoting job creation, supporting economic diversification, or fostering disaster resiliency.
$1,400,000 to City of Clinton, Arkansas to fund water system improvements that improves water quality and increases the water supply for Van Buren County. The project will alleviate concerns for water safety supporting the restoration of jobs and the implementation of plans for business expansion. This EDA investment is part of a $2,813,654 project that minimizes economic dislocations resulting from a major disaster by promoting job creation, supporting economic diversification, or fostering disaster resiliency.
$1,250,000 to Fort Bend County, Texas and City of Kendleton for water, sewer, and roadway infrastructure for the Kendleton Logistic Center and Commercial Business Park in the City of Kendleton. This project allows the city to capitalize on the site's Free Trade Zone status by expanding its capacity as an inter-model facility servicing existing rail lines and US Highway 59, which is slated to become Interstate Highway 69. This EDA investment is part of a $2,827,000 project that creates 80 new jobs, retains 100 jobs and leverages $8 million in private investment.
$1,100,000 to City of Fairfield Bay, Arkansas to fund repairs to the Fairfield Bay Conference Center and Marina restoring a vital economic component to the region. This investment also funds the rebuilding and elevation of West Cliff Drive at Lynn Creek Crossing above flood level mitigating the effects of future flooding on business activities. This EDA investment is part of a $1,367,923 project that minimizes economic dislocations resulting from a major disaster by promoting job creation, supporting economic diversification, or fostering disaster resiliency.
$1,000,000 to City of Stuttgart, Arkansas to rebuild, above the flood plain, Hartz Road, a major access road into the city of Stuttgart's industrial park. This project also constructs water and sewer lines for the industrial park so that tenants can connect to city utilities, increasing resiliency to future floods. This EDA investment is part of a $1,475,000 project that minimizes economic dislocations resulting from a major disaster by promoting job creation, supporting economic diversification, or fostering disaster resiliency.
$1,000,000 to City of Heber Springs, Arkansas to expand the filtration capacity of the municipal water treatment system to handle spikes in turbidity and sedimentation in the water supply. This project improves disaster resiliency and insures a water supply that meets the current and projected needs of the area's businesses and industries supporting economic expansion and job creation. This EDA investment is part of a $1,640,820 project that minimizes economic dislocations resulting from a major disaster by promoting job creation, supporting economic diversification, or fostering disaster resiliency.
$1,000,000 to New Orleans Business Alliance of New Orleans, Louisiana to fund the development of a strategic five-year economic development plan for the city of New Orleans. This project supports the New Orleans Business Alliance, a public private partnership, in identifying top sectors and opportunities for long term job growth, outlining strategies for developing those sectors, and presenting a unified economic development agenda highlighting New Orleans' unique strengths, as well as opportunities to enhance the city's competitiveness. This EDA investment is part of a $2,000,000 project that creates and implements a strategic plan for business development, job creation and retention in the City.
$960,000 to Little Rock Port Authority to fund the renovation of the Arkansas River Resource Center in Little Rock. The project will modernize the facility and provide the conferencing capabilities needed to more successfully market the port globally and accelerate economic activity. This EDA investment is part of a $1,600,000 project that creates 45 jobs and stimulates economic growth in the region.
$950,000 to City of Durant, Oklahoma to fund the construction of water infrastructure and storage tanks in the City of Durant. This investment increases capacity supporting increased fire protection and economic growth and job creation in the region. This EDA investment is part of a $3,180,000 project that creates 180 jobs, and leverages $17.6 million in private investment.
$393,765 to i2E, Inc., to fund integrated services for Tulsa, Oklahoma area entrepreneurs that combine Entrepreneur-in-residence, Sales Executive-in-Residence, Chief Financial Officer-in-Residence and Venture Advisory services in concert with a new intensive Business Development Immersion Program. The project will also allow expansion of the SeedStep Angel Group and the i2E Fellows Programs within the region. This EDA investment is part of a $787,530 project that enhances business development services, education programs, and networking to early-stage companies, and entrepreneurs.
$191,289 to EDC Inc., to support the development and implementation of a comprehensive economic development strategy (CEDS) for the region served by the Economic Development Council for the Peoria Area (d.b.a.) the Economic Development Council of Central Illinois, which is comprised of the counties of Mason, Peoria, Tazewell, and Woodford. 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. This EDA investment is part of a $382,578 project that establishes an economic development framework, process, and strategy that supports private capital investment and job creation in the region.
$157,392 to City of Indianapolis, Indiana to create a strategic revitalization plan for the re-use of four closed auto plants in the city of Indianapolis. The scope of work includes a baseline assessment of the regional economy and the creation of a planning process for each of the four auto plant sites that incorporates the regional economic context and includes a detailed action strategy to turn the sites into assets that will help diversify the regional economy. This EDA investment is part of a $314,784 project that establishes an economic development framework, process, and strategy that supports private capital investment and job creation in the region.
$106,000 to Merrimack Valley Planning Commission located in Haverhill, Massachusetts to support the development and implementation of a comprehensive economic development strategy (CEDS) for the region served by the Commission, which comprises the communities of Amesbury, Andover, Boxford, Georgetown, Groveland, Haverhill, Lawrence, Merrimac, Methuen, Newbury, Newburyport, North Andover, Rowley, Salisbury, and West Newbury. 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. This EDA investment is part of a $151,400 project that establishes an economic development framework, process, and strategy that supports private capital investment and job creation in the region.