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September 30, 2021

U.S. Department of Commerce Invests $3.8 Million in CARES Act Recovery Assistance to Support Innovation and Entrepreneurship in Flint, Michigan

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million CARES Act Recovery Assistance grant to the University of Michigan-Flint, Flint, Michigan, to construct the university’s new College of Innovation and Technology. This EDA grant, to be matched with $4.9 million in local funds, is expected to create 126 jobs, retain 175 jobs, and generate $10.4 million in private investment.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $1.4 Million to Protect Businesses and Residents from Flooding in Benson, Minnesota

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to the city of Benson, Minnesota, to build an enclosed flood protection system for the city’s wastewater treatment plant and replace wastewater pipes to a local industrial park to protect businesses and residents during flooding events. The EDA grant, to be matched with $353,421 in local investment, is expected to create 20 jobs, retain 58 jobs, and spur $60 million in private investment.
  • Press Release
  • Disaster Recovery
September 30, 2021

U.S. Department of Commerce Invests $1.4 Million to Support Economic Development Planning Activities in California

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to the Executive Office of the State of California (California GO-Biz), Sacramento, California, to support statewide economic planning activities. This EDA project will be matched with $337,500 in local funds.
  • Press Release
September 30, 2021

U.S. Department of Commerce Announces 50 Recipients of "Build to Scale" Program

DETROIT – Today, U.S. Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo announced that 50 organizations — including nonprofits, institutions of higher education, state government agencies, and other entrepreneurship-focused organizations — from 26 states will receive grants totaling $36.5 million to support programs that fuel innovation and tech-based economic development.
  • Press Release
September 30, 2021

U.S. Department of Commerce Invests $6 Million for Infrastructure Improvements to Boost High-Tech Business Growth in Cass County, Michigan

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.
  • Press Release
  • Assistance to Nuclear Closure Communities
September 24, 2021

U.S. Economic Development Administration Announces Grantees Under 2021 University Center Competition

WASHINGTON - U.S. Secretary of Commerce Gina Raimondo today announced the grantees of the U.S. Economic Development Administration’s (EDA) 2021 University Center Economic Development Program Competition. EDA is providing a total of $2.5 million in grants to 25 colleges and universities in 17 states and Puerto Rico to administer programs to leverage their assets, promote innovation and strengthen regional economies.
  • Press Release
September 23, 2021

U.S. Department of Commerce Invests $4.4 Million for Wastewater Treatment Upgrades to Support Business Growth in Sheffield, Alabama

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to the city of Sheffield, Alabama, to make wastewater treatment upgrades needed to support economic growth and job creation. The EDA grant will be matched with $1.4 million in local investment.
  • Press Release
  • Disaster Recovery
September 23, 2021

U.S. Department of Commerce Invests $2 Million in CARES Act Recovery Assistance to Boost Economic Recovery Efforts in Hartford, Connecticut

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 Connecticut Department of Economic and Community Development (DECD), Hartford, Connecticut, to develop economic recovery strategies that will strengthen, diversify, and add resilience to the regional economy. This EDA grant will be matched with $508,395 in local funds.
  • Press Release
  • CARES Act