Economic Development News

Economic Development

U.S. Department of Commerce Invests $1.3 Million to Support Business and Job Growth in South Boston, Virginia

News Release: WASHINGTON - Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million CARES Act Recovery Assistance grant to the Youngstown Edison Incubator Corporation (Youngstown Business Incubator), Youngstown, Ohio, to...

Economic Development

U.S. Department of Commerce Invests $4.4 Million to Support Infrastructure Improvements in Madras, Oregon

News Release: WASHINGTON - Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million CARES Act Recovery Assistance grant to the Raleigh County Public Service District, Sophia, West Virginia, for construction of a new water...

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Economic Development

U.S. Department of Commerce Invests $1.2 Million to Support Disaster Relief and Recovery Efforts in Berea, Kentucky

News Release: WASHINGTON - Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Worcester, Massachusetts, for infrastructure improvements needed to serve the Reactory Biotechnology Park and grow...


Economic Development

U.S. Department of Commerce Invests $2 Million to Support Workforce Development Efforts in Hazard, Kentucky

News Release: 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 CARES Act Recovery Assistance grant to the Paris-Bourbon County Economic Development Authority, Paris, Kentucky, for roadway infrastructure...


Economic Development

U.S. Department of Commerce Invests $960,000 to Support Construction Business Development in Newark, New Jersey

News Release: WASHINGTON - Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $588,000 CARES Act Recovery Assistance grant to the Maryland Department of Commerce, Baltimore, Maryland, to support the growth and resiliency of coronavirus disrupted businesses by expanding...


Economic Development

U.S. Department of Commerce Invests $2 Million to Expand Construction Industry Workforce Development in Converse County, Wyoming

News Release: WASHINGTON - Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $820,550 grant to the Jicarilla Apache Nation, Dulce, New Mexico, to provide technical assistance and develop an organization that will maximize the economic benefits of the Tribe’s energy resources.


Economic Development

U.S. Department of Commerce Invests $1.6 Million to Support Industrial Technology Workforce Development in Rock Hill, South Carolina

News Release: WASHINGTON - Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the city of Branson, Missouri, to construct a floodwall needed to protect infrastructure vital to the business community from flooding. The EDA grant will be matched with $6.6 million in state funds.


Economic Development

U.S. Department of Commerce Invests $4 Million to Support Cargo Handling Upgrades at Port of Oswego, New York

News Release: WASHINGTON - Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $894,960 CARES Act Recovery Assistance grant to the Ho-Chunk Nation, Black River Falls, Wisconsin, to develop an economic diversification strategy plan that assesses assets, resources and potential opportunities to build economic resiliency. This EDA grant will be matched with $136,960 in local investment.


Economic Development

Biden-Harris Administration’s Tech Hubs Competition Applications Show Nationwide Excitement for Investing in America’s Technological Future

News Release: WASHINGTON - Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the town of Avilla, Indiana, for road, water and sewer infrastructure to support expansion of the town’s industrial park and promote...


Economic Development

U.S. Department of Commerce Invests $742,180 to Expand Truck Driver Workforce Training Efforts in Fitzgerald, Georgia

News Release: WASHINGTON - Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.75 million CARES Act Recovery Assistance grant to CHI Health St. Francis, Grand Island, Nebraska, to renovate its medical center and support the expansion of vocational training programs in healthcare. This EDA grant, to be matched with $2.6 million in local funds, is expected to create 42 jobs.


Economic Development

U.S. Department of Commerce Invests $2.5 Million for Water Infrastructure Improvements to Support Aluminum Manufacturing Industry in Bay Minette, Alabama

News Release: 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 grant to the city of West Plains, Missouri, to make critical railroad infrastructure improvements to support job creation and economic resiliency...


Economic Development

U.S. Department of Commerce Invests $1.7 Million to Expand Agricultural and Lineworker Training Workforce Training Programs in Christian County, Missouri

News Release: 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 grant to Starke County Initiative for Lifelong Learning, Inc. (SCILL), Knox, Indiana, to construct a 12,000-square-foot workforce training...


Economic Development

U.S. Department of Commerce Invests $2 Million to Support Revitalization of Downtown Madawaska, Maine

News Release: WASHINGTON - Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.2 million in CARES Act Recovery Assistance grants to help the state of California prevent, prepare for, and respond to coronavirus.


Economic Development

U.S. Department of Commerce Invests $1.5 Million to Build State-of-the-Art Nursing Training Facility at Brewton-Parker College in Mount Vernon, Georgia

News Release: WASHINGTON - Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $604,405 grant to Rocky Mountain World Trade Center Institute, Denver, Colorado, to provide technical assistance, planning, and coaching for Colorado small- and medium-sized businesses to increase international sales, job creation, and job retention. This EDA grant will be matched with $604,405 in local investment.


Economic Development

10 press releases published in May by U.S. Economic Development Administration

There were 10 press releases published by the U.S. Economic Development Administration in May.


Economic Development

U.S. Department of Commerce Invests $748,849 to Boost Manufacturing Business Growth in Tennessee

News Release: WASHINGTON - Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $864,550 grant to TexAmericas Center, New Boston, Texas, to construct new rail facilities and refurbish those currently in operation at the mixed use economic development site. This EDA grant, to be matched with $216,138 in local investment, is expected to create 157 jobs, retain 5 jobs, and generate $250,000 in private investment.


Economic Development

U.S. Department of Commerce Invests $2 Million for Wastewater Infrastructure Improvements to Support Industrial Business Growth in Carrollton, Kentucky

News Release: 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 village of Grantsburg, Wisconsin, to construct road, water and sewer infrastructure to support expansion of the North Industrial...


Economic Development

U.S. Department of Commerce Invests $1.6 Million to Support Business Growth in Southern Texas

News Release: WASHINGTON - Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the New Orleans Business Alliance, New Orleans, Louisiana, to support the development of wet lab space and a clean room as a key...


Economic Development

U.S. Department of Commerce Invests $1.6 Million for Water and Sewer System Upgrades Needed to Support the Trucking Industry in Spindale, North Carolina

News Release: WASHINGTON - Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to Wichita State University, Wichita, Kansas, to support the growth of the aviation sector by purchasing and installing equipment...


Economic Development

U.S. Department of Commerce Invests $1.2 Million for Sewer System Upgrades Needed to Support Manufacturing in Swainsboro, Georgia

News Release: WASHINGTON - Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the city of Grand Rapids, Minnesota, to extend water and sewer infrastructure to attract new industry and support the expansion...