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September 30, 2021

U.S. Department of Commerce Invests $3.8 Million in CARES Act Recovery Assistance to Support Innovation and Entrepreneurship in Flint, Michigan

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million CARES Act Recovery Assistance grant to the University of Michigan-Flint, Flint, Michigan, to construct the university’s new College of Innovation and Technology. This EDA grant, to be matched with $4.9 million in local funds, is expected to create 126 jobs, retain 175 jobs, and generate $10.4 million in private investment.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $1.4 Million to Protect Businesses and Residents from Flooding in Benson, Minnesota

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to the city of Benson, Minnesota, to build an enclosed flood protection system for the city’s wastewater treatment plant and replace wastewater pipes to a local industrial park to protect businesses and residents during flooding events. The EDA grant, to be matched with $353,421 in local investment, is expected to create 20 jobs, retain 58 jobs, and spur $60 million in private investment.
  • Press Release
  • Disaster Recovery
September 23, 2021

U.S. Department of Commerce Invests $4.4 Million for Wastewater Treatment Upgrades to Support Business Growth in Sheffield, Alabama

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to the city of Sheffield, Alabama, to make wastewater treatment upgrades needed to support economic growth and job creation. The EDA grant will be matched with $1.4 million in local investment.
  • Press Release
  • Disaster Recovery
September 23, 2021

U.S. Department of Commerce Invests $2 Million in CARES Act Recovery Assistance to Boost Economic Recovery Efforts in Hartford, Connecticut

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the Connecticut Department of Economic and Community Development (DECD), Hartford, Connecticut, to develop economic recovery strategies that will strengthen, diversify, and add resilience to the regional economy. This EDA grant will be matched with $508,395 in local funds.
  • Press Release
  • CARES Act
September 23, 2021

U.S. Department of Commerce Invests $6 Million to Support Workforce Development Efforts in the Northern Mariana Islands

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $6 million grant to the Commonwealth of the Northern Mariana Islands Public School System, Saipan, Northern Mariana Islands, to support construction of a vocational training facility. The EDA grant, to be matched with $6 million in local investment, is expected to create 85 jobs.
  • Press Release
  • Disaster Recovery
September 23, 2021

U.S. Department of Commerce Invests $830,123 in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Support Small Businesses in Southeast Nebraska

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $830,123 CARES Act Recovery Assistance grant to the Southeast Nebraska Development District, Lincoln, Nebraska, to capitalize and administer a Revolving Loan Fund, providing gap financing to small, local businesses in Butler, Fillmore, Gage, Jefferson, Johnson, Lancaster, Nemaha, Otoe, Pawnee, Polk, Richardson, Saline, Saunders, Seward, Thayer, and York counties. This EDA grant, to be matched with $207,531 in local investment, is expected to create 25 jobs and generate $2 million in private investment.
  • Press Release
  • CARES Act
September 23, 2021

U.S. Department of Commerce Invests $2 Million in CARES Act Recovery Assistance for Water Infrastructure Improvements to Support Business Growth in Aberdeen, South Dakota

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the city of Aberdeen, South Dakota, to construct a new water tower and waterline to support business expansion. This EDA grant, to be matched with $2.1 million in local funds, is expected to create 100 jobs and generate $35 million in private investment.
  • Press Release
  • CARES Act
September 21, 2021

U.S. Department of Commerce Invests $2.8 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund and Support Small Business in Las Vegas, Nevada

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million CARES Act Recovery Assistance grant to the Nevada Business Opportunity Fund, Las Vegas, Nevada, to capitalize and administer a Revolving Loan Fund, providing gap financing to minority and other disadvantaged businesses in Clark County. This EDA grant is expected to create or retain 100 jobs.
  • Press Release
  • CARES Act
September 16, 2021

U.S. Department of Commerce Invests $2 Million in CARES Act Recovery Assistance to Support Broadband Infrastructure in Little River County, Arkansas

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Little River County, Arkansas, to construct fiber optic cable lines to support broadband infrastructure. This EDA grant will be matched with $500,000 in local funds.
  • Press Release
  • CARES Act