Grant

September 19 - 23, 2016

$2,922,513 in Economic Adjustment assistance to the Herman J. Russell Center for Innovation and Entrepreneurship, Atlanta, Georgia, to fund the design and renovation of an existing building for development of the Russell Center for Innovation and Entrepreneurship. The new facility, which will be constructed to Leadership in Energy and Environmental Design (LEED) standards, will provide space for over 100 emerging entrepreneurial companies to support long-term disaster recovery efforts by adding economic resiliency to the city of Atlanta through increased economic diversification. In addition, the project will be a model of public/private partnership to create economic opportunity and inclusive innovation and catalyze transformation of the Atlanta Westside, a designated Promise Zone area. This investment is part of a $4,870,854 project that the grantee estimates will create 100 jobs, save 175 jobs, and leverage $25 million in private investment.
$2 million in Economic Adjustment assistance to the Guam Contractors Association Trades Academy, Inc., Tamuning, Guam, to support the construction of a building to be used as a workforce training facility in Tamuning, Guam. The development will provide workforce development and training to the area which will allow residents to have access to higher skill and pay employment opportunities. This investment is part of a $4 million project that the grantee estimates will create 445 jobs.
$1.155 million in Public Works funds to the City of Glasgow, Missouri, to fund improvement of an existing building and adjacent parking lot to support the growth of a local textile manufacturer. The improvements will support business expansions, increase employment, job retention and other industrial operations in the area. This investment is part of a $2.31 project that the grantee estimates will create 38 jobs and save 26 jobs.
$1 million in Economic Adjustment assistance to the Oklahoma Center for the Advancement of Science and Technology, Oklahoma City, Oklahoma to provide technical assistance and business support for manufacturers and supply chain providers in 38 of Oklahoma’s 44 counties hardest hit by the downturn in the oil and natural gas industry. This assistance supports the expansion and sustainability of Oklahoma’s oil and natural gas industry by enhancing diversification of the region’s advanced manufacturing cluster, boosting new commercial and industrial development, and creating opportunities for job creation in the region. This investment is part of a $1.53 million project that the grantee estimates will create 340 jobs, save 750 jobs, and leverage $35.2 million in private investment.
$940,000 in Public Works funds to the Oklahoma State University-Oklahoma City, Oklahoma, to fund the purchase of equipment, instructional supplies, and other materials to support the University’s expanding allied healthcare programs locating in the newly built, state-of-the-art Allied Health Building. The new equipment will allow the University to train students using the most current technology, and will address the region’s demand for more high-skilled healthcare workers while improving the quality of health care administered to the surrounding community. This investment is part of a $1.9 million project that the grantee estimates will create 25 jobs, save 31 jobs, and leverage $1 million in private investment.
$846,583 in Economic Adjustment assistance to the Industrial Development Board of the City of Daphne, Alabama, to fund infrastructure improvements to serve the Daphne Innovation and Science Complex (DISC) in Baldwin County, Arizona. The complex will provide job creation in the technology and science sector, enhance the growing aviation, aerospace, maritime and healthcare clusters in the region and also attract foreign investment opportunities. This investment is part of a $1,718,167 project that the grantee estimates will create 105 jobs and leverage $5 million in private investment.
$788,587 in Economic Adjustment assistance to the South Arkansas Community College, El Dorado, Arkansas, to fund the construction of a training center to provide training, education, and foster workforce partnerships to meet the current and future industry needs in the region. The center will provide a first-class advanced manufacturing training facility designed with significant input from industry leaders to provide jobs for workers in the economically distressed Mississippi Delta region in Southern Arkansas. This investment is part of a $1,752,919 project that the grantee estimates will create 152 jobs, save 400 jobs, and leverage $150,000 in private investment.
$750,000 in Public Works funds to the Lincoln County Port Authority, Libby, Montana, to fund development of a railroad in Libby. The investment supports the creation of additional manufacturing jobs in the distressed region of Lincoln County and will help the Lincoln Port Authority to redevelop its outdated rail system serving a business park. Completion of the project will allow a local company to expand and attract additional manufacturing companies to the area. This investment is part of a $1,665,315 project that the grantee estimates will create 29 jobs and save 17 jobs.
$605,478 in Public Works funds to the City of Grand Rapids, Michigan, to support the expansion and construction of multiple streets and multiuse pathways in downtown Grand Rapids. The project will reduce traffic congestion in the downtown area, increase economic development opportunities, assist with the implementation of a new street corridor plan, and construction of a biomedical research facility. This investment is part of a $1,210,956 project that the grantee estimates will create 150 jobs, save 240 jobs, and leverage $50 million in private investment.
$549,620 in Economic Adjustment assistance to the Board of Trustees of the University of Illinois, Champaign, Illinois, to support incubators across the state with additional technical assistance funding. The project will develop and establish a statewide University based incubator network which will facilitate the sharing of resources, best practices, and innovative approaches to entrepreneurship resulting in job creation and increase innovation. This investment is part of a $1,099,240 project.
$477,205 in Economic Adjustment Assistance to the Northwest Regional Planning Commission, Spooner, Wisconsin to fund a flood disaster project to prepare the region for economic resiliency through coordinated recovery plans and prioritize strategic infrastructure investments to maintain commerce post disaster. This investment will support efforts to identify, evaluate, and address critical infrastructure in the event of a natural disaster particularly the economic impact related to business commerce, emergency services, transportation, communication, and utilities. This investment is part of a $596,506 project.
$355,000 in Economic Adjustment assistance to the City of Indianapolis, Indiana, to support the hiring of a Recovery Coordinator/Promise Zone Liaison for the City of Indianapolis. The liaison will engage regional stakeholders to develop a comprehensive set of projects that will help to mitigate the hardship of unemployment, determine the existence of alternative employment opportunities, job skill development, and other resources for individuals negatively affected by the closing of a major business in the area. This investment is part of a $443,750 project.
$315,525 in Economic Adjustment assistance to the Whispering Roots/75 North Revitalization Corporation, Papillion, Nebraska, to support a hydroponic agriculture system in North Omaha that will result in the production of healthy produce for the region while training future workers in the growing industry. The investment will purchase aquaculture, hydroponic, and culinary equipment for an aquaponics facility located in a distressed area of Omaha. This investment is part of a $631,050 project.