News Listing

Displaying 871 - 880 of 1039

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 $849,185 to Support Business Resiliency Efforts in Ekwok, Alaska

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $849,185 grant to the Native Village of Ekwok, Alaska, to build a multi-purpose facility that will enhance the resiliency of the area’s business community. This EDA grant is expected to create or retain 55 jobs and generate $45,000 in private investment.
  • Press Release
September 16, 2021

U.S. Department of Commerce Invests $1.6 Million to Capitalize Revolving Loan Fund and Support Small Businesses in Montgomery, Alabama

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the South Central Alabama Development Commission in Montgomery, Alabama, to capitalize and administer a Revolving Loan Fund, providing gap financing to local small businesses. This EDA project will be matched with $400,000 in local funds.
  • Press Release
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 16, 2021

U.S. Department of Commerce Invests $5.1 Million for Infrastructure Improvements at the Port of Hueneme, California

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.1 million grant to the Oxnard Harbor District, Port Hueneme, California, for infrastructure improvements needed to maximize utilization of the facility. This EDA project, to be matched with $1.3 million in local funds, is expected to create 113 jobs and retain 417 jobs.
  • Press Release
September 16, 2021

U.S. Department of Commerce Invests $2 Million to Improve Natural Gas Infrastructure and Support Local Businesses in Warner Robins, Georgia

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Warner Robins, Georgia, to provide natural gas infrastructure improvements, helping local businesses to expand. This EDA project, to be matched with $4.6 million in local funds, is expected to create 220 jobs, retain 30 jobs, and generate $310 million in private investment.
  • Press Release
September 16, 2021

U.S. Department of Commerce Invests $600,000 to Create a Personal Protective Equipment Laboratory in Conover, North Carolina

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the city of Conover, North Carolina, to purchase critical supplies in support of a new personal protective equipment (PPE) laboratory. This EDA grant, to be matched with $150,000 in local investment, is expected to create 82 jobs and generate $22.3 million in private investment.
  • Press Release
September 16, 2021

U.S. Department of Commerce Invests $16 Million to Construct a Disaster Preparedness, Recovery Education, and Training Center in San Juan, Puerto Rico

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $16 million grant to Ecoexploratorio, Inc., San Juan, Puerto Rico, to construct a disaster preparedness, recovery education, and training center and ensure continuity of operations during natural disasters. This EDA grant will be matched with $4 million in local investment.
  • Press Release
September 16, 2021

U.S. Department of Commerce Invests $2.3 Million to Build Critical Infrastructure in Support of a new Healthcare Facility in Woodruff, South Carolina

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the city of Woodruff, South Carolina, to construct sewer infrastructure in support of a new regional healthcare facility. This EDA project, to be matched with $570,980 in local funds, is expected to create 18 jobs and generate $3.5 million in private investment.
  • Press Release