News Listing

Displaying 61 - 70 of 162

September 30, 2021

U.S. Department of Commerce Invests $2.2 Million in CARES Act Recovery Assistance to Construct a Wastewater Treatment Plant and Support Business Expansion in Estill, South Carolina

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million CARES Act Recovery Assistance grant to the town of Estill, South Carolina, to construct a wastewater treatment plant and support spray field improvements designed to support business expansion and create jobs. This EDA grant is expected to create 30 jobs and generate $15 million in private investment.
  • Press Release
  • CARES Act
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 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 $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
September 9, 2021

U.S. Department of Commerce Invests $986,157 in CARES Act Recovery Assistance to Support Regional Workforce Development Efforts in Northern Colorado

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $986,157 CARES Act Recovery Assistance grant to Larimer County, Colorado, to update and expand workforce development strategies and sector partnerships in the region. This EDA grant, to be matched with $246,539 in local investment, is expected to create 495 jobs.
  • Press Release
  • CARES Act