Grant

August 10 - 16, 2018

  • $8,866,032 in five Public Works projects as follows:
    • $2.8 million to the City of Brewton, Alabama, to fund construction of new water and sewer facilities that will essentially serve the City of Brewton and outlying areas in the region. The project will include the construction of water and sewer infrastructure that will adequately supply and benefit a new high tech business in the area. It will upgrade and expand the existing services currently available to allow future growth and economic development. Completion of the project will enable the region to become more economically diversified and resilient by supporting needed infrastructure improvements. The grantee estimates that this investment will help create 300 jobs and leverage $5.9 million in private investment.
    • $2 million to Davie County, North Carolina, to fund infrastructure improvements to serve the Eastern Davie Sewer Area located in the northeastern part of Davie County, North Carolina. The improvements will support the development and growth of the medical and manufacturing cluster industries throughout the region by providing additional capacity for commercial and economic growth and mitigate business disruption. Completion of the project will support job creation and leverage private investment in the region. The grantee estimates that this investment will help create 187 jobs and leverage $23.12 million in private investment.
    • $1,819,227 to the Provo City Corporation, Provo, Utah, to fund the construction of new infrastructure to the Mountain Vista Business Park in Provo, Utah. The project includes new road and utilities to help further develop an emerging tech and manufacturing campus at the Park. The improvements will help strengthen and enhance the advanced manufacturing cluster, boost new commercial and industrial development, and create opportunities for job creation in the region. The grantee estimates that this investment will help create 450 jobs and leverage $35 million in private investment.
    • $1,416,805 to the Borough of Paulsboro, New Jersey, to support the installation of a new water main to the Paulsboro Marine Terminal and distribution center within the terminal property, providing potable water and fire protection to the site that currently has no water services. The new water line will not only provide for fire suppression, spills and other emergency needs that may arise but it will also provide ballast for all vessels loading and unloading at the Port. The investment will create jobs and attract new investments in the county. The grantee estimates that this investment will help create 150 jobs and leverage $10 million in private investment.
    • $830,000 to the City of Rockland, Maine, to support the construction of components, repairs and upgrades to the City of Rockland's commercial fish pier, to ensure that it remains available as a key resource to the Mid-Coast fishing and lobstering community. The project includes repairing and resurfacing the pier, replacing fendering piles and camels, stabilizing the storage area, upgrading the electrical system and adjacent dredging to an approximate depth of eight feet at all tides. The investment will support retention and creation of jobs in the region. The grantee estimates that this investment will help save 86 jobs.
  • $9,103,376 in five Economic Adjustment Assistance projects as follows:
    • $4.442 million in 2018 Disaster Supplemental funds to the Puerto Rico Science, Technology and Research Trust, San Juan, Puerto Rico, to fund construction of a facility to be known as The Forward Center, a disaster resistant building to aid in disaster recovery efforts in the region. The Forward Center will house up to 60 high technology startups, a science & technology and manufacturing company. It will provide space to conduct research and development and prototyping activity for the development of neuro-modulators medical devices. Completion of the project will help promote long-term science and technology manufacturing and private sector investment in businesses in the designated geographic area. The grantee estimates that this investment will help create 675 jobs.
    • $2,561,376 in Assistance to Coal Communities to the Kentucky Community and Technical College System, the Hazard Community and Technical College, the Southeast Kentucky Community and Technical College, and the Big Sandy Community and Technical College, Versailles, Kentucky, to fund the development and implementation of a fast-track advanced manufacturing training program across sixteen counties and three community colleges. The program will be designed to meet the immediate and future needs of the manufacturing industry in the region. The investment will encourage job growth and business expansion in manufacturing including advanced, sustainable and supply chain manufacturing. The grantees estimate that this investment will help create 261 jobs.
    • $1 million in 2018 Disaster Supplemental funds to the Southern Mississippi Planning and Development District, Gulfport, Mississippi, to fund re-capitalization of an existing Revolving Loan Fund that provides loans to small businesses in Harrison county, Mississippi. The project will not only assist businesses repair, replace, and/or improve operations that were disrupted by Hurricane Nate, but will also help to establish or expand operations in order to meet an increased demand for products or services that support recovery from the impacts of hurricane and other storms in multiple counties located on the Gulf Coast region of Mississippi. Completion of the project will bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs. The grantee estimates that this investment will help create 168 jobs, save 59 jobs, and leverage $4.875 million in private investment.
    • $600,000 to the Biomedical Research Foundation of Northwest Louisiana, Shreveport, Louisiana, to support the Biomedical Research Foundation with creating the Entrepreneur Accelerator Program to provide personalized, advocacy-oriented business assistance to additional parishes in North Louisiana. This investment will expand existing services to provide product-based start-ups for local businesses, which will promote job growth and diversify the region’s economy. The grantee estimates that this investment will help create 100 jobs, save 100 jobs, and leverage $15 million in private investment.
    • $500,000 in 2018 Disaster Supplemental funds to the University of Puerto Rico-Mayaguez (Recinto Universitario Mayaguez), Mayaguez, Puerto Rico, to fund a technical assistance program to support business recovery and development in Mayaguez, Puerto Rico. It will serve at least 300 municipalities, non-profits, and governmental entities currently engaged with business recovery efforts due to the devastation of Hurricanes Irma and Maria that impacted thousands of businesses in the region. Completion of the project will bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.
  • $280,000 in three Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy (CEDS) process. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.