News Listing

Displaying 841 - 850 of 1039

September 30, 2021

U.S. Department of Commerce Invests $1.5 Million in Water Infrastructure Improvements to Support Industrial Park Growth in Crossett, Arkansas

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Crossett, Arkansas, to complete the East Crossett Sewer Improvement Project to support business growth at the Crossett Industrial Park. This EDA project, to be matched with $365,180 in local funds, is expected to create 220 jobs, retain 40 jobs, and generate $603 million in private investment.
  • Press Release
September 30, 2021

U.S. Department of Commerce Invests $2.8 Million in CARES Act Recovery Assistance for Water Infrastructure Improvements to Support Steel Industry in Osceola, Arkansas

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 city of Osceola, Arkansas, to make water and wastewater improvements to support the region’s growing steel sector. This EDA grant, to be matched with $955,405 in local funds, is expected to create 100 jobs and generate $2 billion in private investment.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $2.2 Million in CARES Act Recovery Assistance to Support Arizona’s Tourism Sector

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 Arizona Office of Tourism, Phoenix, Arizona, to support the recovery of Arizona’s tourism sector. This EDA grant is expected to create 12,500 jobs and retain 87,100 jobs.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $1.7 Million to Support Wastewater Infrastructure Improvements in Twentynine Palms, California

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the city of Twentynine Palms, California, for wastewater infrastructure improvements needed to support local businesses and attract new businesses to the region This EDA project, to be matched with $418,920 in local funds, is expected to create 25 jobs, retain 200 jobs, and generate $14 million in private investment.
  • Press Release
September 30, 2021

U.S. Department of Commerce Invests $2 Million in CARES Act Recovery Assistance to Capitalize a Revolving Loan Fund to Serve Small Businesses in Aroostook and Washington Counties, Maine

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 Northern Maine Development Commission, Caribou, Maine, to capitalize and administer a Revolving Loan Fund, providing gap financing to small, local businesses in Aroostook and Washington counties. This EDA grant, to be matched with $500,000 in local funds, is expected to create 106 jobs, retain 124 jobs, and generate $3.3 million in private investment.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $2.4 Million to Build Business Innovation Center to Support Coal Communities in Rosebud County, Montana

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the Southeastern Montana Development Corporation, Colstrip, Montana, to help build a Business Innovation Center to support economic and workforce development. This EDA grant, to be matched with $600,000 in local funds, is expected to create 71 jobs and generate $11.7 million in private investment.
  • Press Release
September 30, 2021

U.S. Department of Commerce Invests $2.8 Million in CARES Act Recovery Assistance to Support Airport Hangar Expansion in Roswell, New Mexico

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 city of Roswell, New Mexico, to construct an airport hangar addition at the Roswell Air Center and support business expansion. This EDA grant is expected to create 45 jobs and retain 30 jobs.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $800,000 in CARES Act Recovery Assistance to Support Recovery of Tourism in Portland, Oregon

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $800,000 CARES Act Recovery Assistance grant to the Metro Regional Government, Portland, Oregon, to support the recovery of the region’s tourist economy. This EDA grant, to be matched with $200,000 in local investment, is expected to create 492 jobs and retain 472 jobs.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $711,000 to Support the Minority Business Development Initiative and Create Jobs in Charleston, South Carolina

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $711,000 grant to the South Carolina Association for Community Economic Development, Charleston, South Carolina, to support minority business owners and help create jobs through the Minority Business Development Initiative. This EDA grant will be matched with $180,000 in local investment.
  • Press Release