October 3 - 7, 2016

* Correct amount is $1,057,019 instead of the $1,058,019 reported in the September 30th report.

• $3,197,160 in Economic Adjustment assistance to the Detroit Economic Growth Association and the City of Detroit, Michigan, to support the redevelopment and expansion of an area that was formerly abandoned residential homes in the City of Detroit. The new development will assist with the retention and creation of jobs, improve traffic access to the area and assist the City’s efforts to attract national and global manufacturing companies. This investment is part of a $3,996,450 project that the grantees estimate will create 650 jobs, save 35 jobs, and leverage $115 million in private investment.
• $1,057,019* in Public Works funds to the Community College District of Central Southwest Missouri, Springfield, Missouri, to support the expansion of the Diesel Mechanics Training Center in Greene County, Missouri. The project will provide the local area with access to advanced manufacturing training to meet critical workforce development needs and industry demand for skilled workers. Additionally, the expansion will provide the necessary space for the acquisition of state-of-the-art, industry specific equipment to better prepare students for the future workforce. This investment is part of a $2,114,039 project.
• $910,000 in Economic Adjustment assistance to the Detroit Economic Growth Corporation, Detroit, Michigan, to support the hiring of an Economic Recovery Team that will manage and execute all elements of the re-industrialization of Detroit. The team will focus on attraction of industry businesses to the region and identification and preparation of industrial sites and district areas. This investment is part of a $1.3 million project.
• $516,899 in Economic Adjustment assistance to the Delaware Technology Park, Inc., Newark, Delaware, to fund a lab and collaboration space, business support and administration that address unique financial constraints, space and program needs of early stage entrepreneurs. The investment will assist the state of Delaware in reducing their dependence on large company presence and begin to build future economic resilience. This investment is part of a $1,056,251 project.
• $500,000 in Economic Adjustment assistance to the Eastern Maine Development Corporation, Bangor, Maine, to provide direct assistance to businesses in the Penobscot Valley that has been impacted by the closure of manufacturing plants. The project will support expansion of existing and new businesses, help retain existing employment and create new job opportunities, and increase private investment throughout the region. This investment is part of an $830,000 project.
• $250,000 in Economic Adjustment assistance to the Central Sierra Economic Development District, the California Association for Local Economic Development, and the Calaveras County Chamber of Commerce, Senora, California, to support the development of a one-stop business resource center in Calaveras to assist businesses devastated by the Butte and Rim fires. The resource center will provide educational opportunities to start a new business, sustain existing businesses, and networking and collaboration services to assist businesses in disaster mitigation. In addition, this project will help address the high levels of unemployment and poverty in the Central Sierra region, and serve as a catalyst for accelerating the resurgence of advanced manufacturing by creating an environment for businesses to grow. This investment is part of a $317,500 project that the grantees estimate will create 20 jobs, save 30 jobs, and leverage $100,000 in private investment.
• $214,711 in Economic Adjustment funds to the Spirit Lake Tribe, Fort Totten, North Dakota, to fund the services of a Promise Zone coordinator to coordinate federal, state, and local resources for the Tribe. The coordinator will serve as a tribal point-of-contact to facilitate and hold strategic planning sessions to engage tribal and community members in the development of community and economic development activities in the designated Promise Zone resulting in more community engagement, investments in skills for future job opportunities, more infrastructure investments, and overall economic diversification of the Tribe. This investment is part of a $214,711 project.
• $200,000 in Technical Assistance funds to the Oglala Sioux Tribe, Pine Ridge, South Dakota, to improve the conditions of Pine Ridge Indian Reservation through the strategic alignment, identification, assessment, and implementation of projects within the Comprehensive Economic Development Strategy (CEDS). This investment is part of a $200,000 project.