News Listing

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $13.1 million in grants to help the state of Iowa recover from recent natural disasters.

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the Northern Maine Development Commission, Caribou, Maine, to capitalize and administer a Revolving Loan Fund, providing gap financing to small, local businesses in Aroostook and Washington counties. This EDA grant, to be matched with $500,000 in local funds, is expected to create 106 jobs, retain 124 jobs, and generate $3.3 million in private investment.

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the Southeastern Montana Development Corporation, Colstrip, Montana, to help build a Business Innovation Center to support economic and workforce development. This EDA grant, to be matched with $600,000 in local funds, is expected to create 71 jobs and generate $11.7 million in private investment.

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 CARES Act Recovery Assistance grant to the city of Roswell, New Mexico, to construct an airport hangar addition at the Roswell Air Center and support business expansion. This EDA grant is expected to create 45 jobs and retain 30 jobs.

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $800,000 CARES Act Recovery Assistance grant to the Metro Regional Government, Portland, Oregon, to support the recovery of the region’s tourist economy. This EDA grant, to be matched with $200,000 in local investment, is expected to create 492 jobs and retain 472 jobs.

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $711,000 grant to the South Carolina Association for Community Economic Development, Charleston, South Carolina, to support minority business owners and help create jobs through the Minority Business Development Initiative. This EDA grant will be matched with $180,000 in local investment.

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 CARES Act Recovery Assistance grant to the town of Estill, South Carolina, to construct a wastewater treatment plant and support spray field improvements designed to support business expansion and create jobs. This EDA grant is expected to create 30 jobs and generate $15 million in private investment.

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the Dumas Economic Development Corporation, Dumas, Texas, for infrastructure improvements to the Dumas Business Park to support business growth. This EDA project, to be matched with $1.2 million in local funds, is expected to create 105 jobs and generate $3 million in private investment.

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to the Harrison County Commission, Clarksburg, West Virginia, to build and establish a clean energy products manufacturing facility, creating jobs, and spurring private investment in this hard-hit former coal mining community. This EDA grant will be matched with $1.3 million in local funds, is expected to help create 200 jobs, and generate $4 million in private investment.

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $6 million grant to the Midwest Energy Cooperative, Cassopolis, Michigan, a community that traditionally has been dependent on nuclear plants, to construct the needed road, sewer, and water infrastructure to support the 234-acre Southwest Michigan Advanced Research and Technology Park (SMART Park). This EDA grant, to be matched with $6 million in local funds, is expected to create 248 jobs and generate $14 million in private investment.