Economy

The U.S. Department of Commerce’s Economic Development Administration (EDA) has announced an $800,000 grant award to the Northeast Council of Governments Development Corporation in Aberdeen, South Dakota. The purpose of the grant is to invest in and manage a Revolving Loan Fund (RLF) aimed at providing support to small businesses

U.S. Secretary of Commerce Gina Raimondo has today announced that the Department’s Economic Development Administration (EDA) is investing $6.3 million in the state of Texas. The aim of this fund is to support business growth and workforce development following recent natural disasters within the state. This investment will be divided

The Economic Development Administration (EDA) is set to invest $3.9 million in the state of New Mexico, according to an announcement made today by U.S. Secretary of Commerce Gina Raimondo. The investment aims to bolster economic and workforce development in areas of the state affected by natural disasters. The city

The U.S. Department of Commerce has announced a $3 million grant award to the Tulsa Economic Development Corporation in Oklahoma, aimed at creating a business and entrepreneurship center. The announcement was made by U.S. Secretary of Commerce, Gina Raimondo and is part of President Biden’s Investing In America agenda. The

U.S. Secretary of Commerce, Gina Raimondo, announced a grant of $1.3 million to the city of Seminole, Oklahoma from the Department’s Economic Development Administration (EDA). The grant is intended to support workforce development and business growth in the aviation industry. The $1.3 million grant will go towards the construction of

The U.S. Department of Commerce has announced a grant of $3.4 million to Advantage Valley, Inc., for renovations to the former Vossloh Track Building in West Virginia. The grant was announced by U.S. Secretary of Commerce Gina Raimondo and is part of the Department’s Economic Development Administration (EDA) initiative. The

The U.S. Secretary of Commerce, Gina Raimondo, has announced that the Economic Development Administration (EDA) will be awarding a $3.1 million grant to the city of Lancaster, South Carolina, to make improvements to its water infrastructure. The grant is expected to provide increased water and sewer access to local businesses

U.S. Secretary of Commerce Gina Raimondo announced today that the Department’s Economic Development Administration (EDA) is awarding the Pueblo of Jemez in New Mexico a $3 million grant. The grant will be used for improvements to the irrigation infrastructure on tribal land. The grant aims to expand water supplies for

U.S. Secretary of Commerce Gina Raimondo announced today that the Economic Development Administration (EDA) is awarding a $2.2 million grant to the Coushatta Tribe of Louisiana. This grant is meant to fund the construction of fiber optic cable on their tribal land, which spans both Allen and Jefferson Parish, to

The city of Tulare, California, is set to receive a $600,000 grant from the Economic Development Administration (EDA), a sector of the U.S. Department of Commerce. The funding is intended for building renovations to stimulate business growth and aid startup expansion. The grant will facilitate the establishment of a fabrication

Approximately 70 senior-level figures from government, business, policy, and economics sectors representing around 20 countries are set to tour various sites in Michigan from May 5-10, 2024, as part of the 18th Americas Competitiveness Exchange (ACE). The week-long event, hosted by the Michigan Economic Development Corporation (MEDC), is designed to