Grant

August 7 - 11, 2017

  • $7,631,240 in four Public Works projects as follows:
    • $2,806,240 to Community Solutions International, Inc., New York, New York, to fund construction of a business development center in North Hartford, Connecticut. This investment supports the construction of a food business incubator, share office space, and a food manufacturing facility to be known as the Swift Community Food and Business Development Center. The project will create a location for business growth, and job retention which will impact the region’s economic vitality. The grantee estimates that this investment will create 125 jobs and leverage $9.75 million in private investment.
    • $2 million to the Pennsylvania College of Technology, Williamsport, Pennsylvania, to fund the expansion of the Pennsylvania College of Technology’s Metal Trade Center in Williamsport to accommodate a greater number of students to be admitted to the welding program. This program provides cutting edge training on high-tech equipment and methods to meet the industrial needs of the region. In addition, the expansion will help strengthen and enhance diversification in the area, boost new commercial and industrial development, and create jobs. The grantee estimates that this investment will create 23 jobs and leverage $448,864 in private investment.
    • $1.825 million to Dorchester County, Saint George, South Carolina, to fund construction of a new elevated storage tank to assist in the foreign direct investment for a manufacturing facility producing aluminum cast products in the U.S. This investment will improve the areas of economic vitality, ensure adequate infrastructure, retention of area jobs, and remove barriers to economic growth. The grantee estimates that this investment will create 109 jobs and leverage $42.42 million in private investment.
    • $1 million to the City of Decherd, Tennessee, to fund wastewater improvements to the existing city treatment plant to support the expansion of a manufacturing facility. The infrastructure improvements will improve capacity, reliability and distribution which will impact the region’s economic vitality, ensure adequate infrastructure and retention of jobs. This expansion will promote advanced manufacturing and economic growth in the region. The grantee estimates that this investment will create 50 jobs and leverage 115 million in private investment.
  • $3,748,928 in three Economic Adjustment assistance projects as follows:
    • $2.62 million to the Greenwood Metropolitan District, Greenwood, South Carolina, to fund the construction of water and sewer infrastructure to serve a new carbon fiber manufacturing facility. This project strengthens and enhances the continued growth of the existing automotive and aerospace clusters in the region. The investment will help to provide carbon fiber products to domestic and foreign markets. The completed project will develop resources to improve economic diversification in rural communities and contribute to more employment opportunities for the area’s workforce. The grantee estimates that 220 jobs will be created and $600 million in private investment will be leveraged by this investment.
    • $1 million to the World Trade Center of Greater Philadelphia, Inc., Pennsylvania, to support the implementation of the multi-partner Greater Philadelphia Metro Export Plan by facilitating regional efforts to increase the participation of small and medium sized companies in exporting. The plan will focus on increasing the successful provision of comprehensive trade counseling, mentoring and providing educational and business networking programs. Once implemented, the plan will help diversify the economy and serve as a catalyst to stimulate jobs in the region.
    • $128,928 to the Oneida Nation, Oneida, Wisconsin, to support the Oneida Nation in developing a feasibility study for a food enterprise and business incubator facility to provide training for American Indians living in the rural and urban area of Northeast Wisconsin. Once completed, this study will serve as a foundation for improving the tribes local and regional economic development efforts by supporting Native American entrepreneurial agricultural based startups, providing adequate training in the food industry sector and expanding tribal employment opportunities throughout the region.
  • $390,815 in six Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy (CEDS) process. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.
  • $155,400 in five Local Technical Assistance projects as follows:
    • $67,900 to the Eastern Band of Cherokee Indians, Cherokee, North Carolina, to fund an assessment to build a culturally focused technology incubator facility located on the Reservation of the Eastern Band of Cherokee Indians known as the Cherokee Cultural & Technology Innovation Assessment.
    • $22,500 to the Town of Tabor City, North Carolina, to fund a feasibility study to construct railway excursions and the components needed to operate it successfully. The study will determine if a tourism railway could profitably operate between Conway, South Carolina and Tabor City, North Carolina. Completion of the study will provide knowledge on the overall profitability of the project and the necessary public improvements needed to support the efforts.
    • $20,000 to the Region D Council of Governments, Boone, North Carolina, to support the development of an online, interactive mapping tool that local governments in the district will use to actively market available industry, business sites and buildings. The mapping tool will help to diversify and strengthen the regional economy.
    • $15,000 to the Headwaters Resource Conservation and Development Area, Inc., Butte, Montana, to fund a feasibility study to determine the economic impact of supporting the development and expansion of the water and sewer facilities to the Madison County Fairgrounds and surrounding businesses in Twin Bridges, Montana. Once completed, this study will bring together the public and private sectors by building an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs throughout the region.
  • $233,334 in two Technical Assistance-University Center projects to fund the second year of a five-year University Center program at the institutions of higher learning listed below. The five-year program provides technical assistance and research and development tools to increase productivity, spur innovation, and promote entrepreneurship to help increase long-term regional competitiveness and economic diversification.
    • $116,667 to Becker College, Worcester, Massachusetts
    • $116,667 Marshall University Research Corporation, Huntington, West Virginia