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October 5, 2022

U.S. Department of Commerce Announces 51 “Build to Scale” Grants Totaling $47 Million to Fuel Innovation and Tech-Based Economic Development

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding 51 “Build to Scale” grants – totaling $47 million – to organizations that support technology entrepreneurs, catalyze innovation and fuel economic growth.

October 3, 2022

EDA Awards $3 Billion in American Rescue Plan Funding for Transformative Economic Development Projects Across the Country

In March of 2021, President Biden signed the American Rescue Plan into law. This historic legislation was designed to enable American communities to respond to and recover from the impacts of COVID-19. In the American Rescue Plan, Congress allocated an unprecedented $3 billion to the Economic Development Administration (EDA) in supplemental one-time funding and required EDA to disburse all awards by September 30, 2022, in order to meet the urgent needs of American communities. This notable economic development opportunity required EDA, its partners, and most importantly, leaders across the entire economic development community, to take transformational and expeditious action.

September 30, 2022

U.S. Department of Commerce Invests $2.2 Million in CARES Act Recovery Assistance to Boost Manufacturing Growth in Sedro Woolley, Washington

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million CARES Act Recovery Assistance grant to the Port of Skagit County, Washington, for infrastructure improvements and site development in support of regional manufacturing growth.

September 30, 2022

U.S. Department of Commerce Invests $1.5 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Serve Small Businesses in Jefferson Parish, Louisiana

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to Jefferson Parish Economic Development and Port District (JEDCO), Avondale, Louisiana, to capitalize and administer a Revolving Loan Fund that will serve small businesses in Jefferson Parish.

September 28, 2022

FEMA and EDA Release New Resource to Align Community Plans and Build Resilience

A new resource will help economic development and hazard mitigation planners achieve mutually beneficial outcomes.

The Comprehensive Economic Development Strategy and Hazard Mitigation Plan Alignment Guide connects economic development and hazard mitigation plans so communities can be more resilient from natural hazards. The guide was a collaboration between FEMA and the U.S. Economic Development Administration (EDA).

September 27, 2022

U.S. Department of Commerce Invests $1.7 Million in American Rescue Plan Funds to Fortify Energy Infrastructure in Support of Business Growth in Huslia Village, Alaska

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to Huslia Village, Alaska, to support business growth and boost economic resiliency by improving the village’s energy infrastructure. This grant is funded by the American Rescue Plan’s Indigenous Communities program.

September 27, 2022

U.S. Department of Commerce Invests $1.8 Million to Build Renewable Energy Workforce Training Center in Lame Deer, Montana

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to Chief Dull Knife College, Lame Deer, Montana, to build the Northern Cheyenne Energy Education and Training Center (NCEETC).

September 27, 2022

U.S. Department of Commerce Invests $1.7 Million for Transportation Infrastructure Improvements to Improve Business Accessibility in McCall, Idaho

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the city of McCall, Idaho, for transportation infrastructure improvements to support increased business accessibility and growth.

September 27, 2022

U.S. Department of Commerce Invests $1.5 Million in American Rescue Plan Funds to Expand Water and Sewer Access and Support Business Development on the Gun Lake Tribe Reservation in Michigan

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the Gun Lake Tribe, also known as the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians of Michigan, Shelbyville, Michigan, for water and sewer infrastructure upgrades needed to support economic growth. This grant is funded by the American Rescue Plan’s Indigenous Communities program.

September 27, 2022

U.S. Department of Commerce Invests $1.7 Million for Flood Protection System to Protect Businesses in Clarksville, Missouri

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the city of Clarksville, Missouri, to construct a demountable flood protection system along the Mississippi River to keep businesses open and operating.