Impact that starts locally and spans nationally (Data for August 2024)
41
Grants Awarded
$54M
Amount Awarded
787
Jobs Created or Saved
September 10, 2024

EDA Supports Aviation and Aerospace Education on the Mississippi Gulf Coast

Pearl River is just a short drive from the John C. Stennis Space Center in Hancock County, Mississippi. Operated by NASA, it is America’s largest and most productive test site for rocket propulsion systems, serving both the nation and the commercial sector. As early as 2005, school officials saw the need to develop a steady pipeline of skilled workers capable of supporting the growing aviation and aerospace fields on the Mississippi Gulf Coast.
Mississippi Governor Tate Reeves and other local officials welcomed faculty and students to the new facility in a ribbon cutting ceremony on August 5, 2024
August 13, 2024

EDA Helps the Wood Products Industry Branch Out in the Northern Forest

Timber markets are one of America’s most valuable, yet unpredictable, natural resource industries. It is no stranger to volatility, going from boon to bust and back again. As recently as 2019, paper mills and biomass electric plants were closing in Maine, New Hampshire, New York and Vermont, a four-state region collectively referred to as the Northern Forest. As the plants continued to close, the demand for wood harvested in the region began to decline.
Old black and white photo of the Great Northern Paper Company opened for business in 1899, employing multiple generations for more than a century. (Photo courtesy of the Maine Historical Society.)
July 16, 2024

EDA-Funded Manufacturing Revival Underway in New England

Pittsfield, Massachusetts is a small New England community about two hours from Boston. Throughout the 20th Century, it was known as a hub for manufacturing, providing residents with a host of jobs in regional production plants. General Electric (GE) was the town’s biggest employer, operating a plastic production facility along the Housatonic River.
Photo of the The Berkshire Innovation Center building in Pittsfield, Massachusetts
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September 17, 2024

U.S. Department of Commerce Invests $2.6 Million for Wastewater Infrastructure Improvements to Support EV Industry in Richburg, South Carolina

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to the Chester Sewer District in Richburg, South Carolina, for wastewater infrastructure improvements needed to support the electric vehicle industry and other business sector growth in the region.
  • Press Release
September 17, 2024

U.S. Department of Commerce Invests $2.2 Million for Building Renovations to Support Regional Economic Growth in Lubbock, Texas

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to the South Plains Association of Governments (SPAG) in Lubbock, Texas, for building renovations needed to support small business development in the region.
  • Press Release
  • Disaster Recovery
September 17, 2024

U.S. Department of Commerce Invests $1.5 Million to Capitalize Revolving Loan Fund to Support Small Businesses in Massachusetts

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the South Eastern Economic Development Corporation in Taunton, Massachusetts, to capitalize and administer a Revolving Loan Fund (RLF) serving small businesses across eight Massachusetts counties.
  • Press Release