Grant

June 1 - 4, 2021

EDA announced 16 investments from June 1-4, 2021, totaling $42,781,568, which is matched by $9,698,663 in local investments. These investments include the following: (1) $20,821,568 in 12 Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects to help alleviate sudden and severe economic dislocation caused by the coronavirus pandemic, which includes nine projects totaling $18,281,733 that will help create 2,285 jobs, save 725 jobs, and leverage $445,040,500 in private investments; (2) $21,630,000 in two Economic Adjustment Assistance projects to help communities design and implement strategies to adjust or bring about change to their economy in response to structural damage to their underlying economic base that will help create 480 jobs and leverage $1,200,000 in private investments; and (3) $330,000 in two Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.

  • $20,821,568 in 12 Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects, matched by $9,580,663 in local investments, as follows:
    • $5,000,000, matched by $1,097,561 in local investment, to El Paso County, El Paso/El Paso County, Texas, to support El Paso County with constructing five 100 x 100 hangars that will serve as the anchor for the development of a broader aviation technology business park to accommodate additional aviation-related businesses in Fabens, Texas. The project will grow the region’s aviation, aerospace and defense sectors and allow regional institutions such as UTEP, El Paso Community College, New Mexico State University and Western Tech to develop a pipeline of skilled workers, which will support business growth, create higher-wage jobs, and strengthen the regional economy. The grantee estimates that this investment will help create 200 jobs and save 100 jobs.
    • $4,000,000, with no local match, to the Choctaw Nation of Oklahoma, Durant/Bryan County, Oklahoma, to support the Choctaw Nation of Oklahoma with beginning the initial development phase of the Emerging Aviation Technology Center in Bryan County, Oklahoma. The project will build an Operations Building to be the hub and primary facility for conducting research, development, testing and evaluation (RDT&E) of emerging technologies in aviation and other autonomous systems at the Center. Once completed, the project will help the region recover from the COVID-19 pandemic, retain and create jobs, attract private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 10 jobs and save 3 jobs.
    • $3,084,520, matched by $771,130 in local investment, to the Ivy Tech Community College of Indiana, Indianapolis/Marion County (Project: Sellersburg/Clark County), Indiana, to support renovations to Ivy Tech Sellersburg’s Pfau Hall, which will enhance the College’s healthcare-related workforce training programs. As a result of the COVID-19 pandemic, demand for trained workers increased among the region’s healthcare providers. To meet the demand, the College requires additional equipment and upgraded facilities. The improvements to Pfau Hall include renovations to laboratories, classrooms and training equipment. Once completed, the project will help boost the healthcare workforce sector in the area, save jobs, spur private investment, and strengthen the regional economy. The grantee estimates that this investment will help create 55 jobs and leverage $3,400,000 in private investment.
    • $3,000,000, matched by $6,366,600 in local investment, to the Town of Prosper, Prosper/Denton County, Texas, to support the Town of Prosper with constructing a new Lower Pressure Plane Pump Station on an existing publicly owned property in Denton County, Texas. The project will provide water for numerous new businesses, including two new hospitals, by constructing a pump station, which will help the region with recovery efforts from the COVID-19 pandemic. Once completed, the project will bolster job creation, advance economic resiliency, and provide for critical children’s health care needs in response to the pandemic. The grantee estimates that this investment will help create 500 jobs.
    • $1,459,835, with no local match, to the Menominee Indian Tribe of Wisconsin, Keshena/Menominee County, Wisconsin, to support the Menominee Indian Tribe of Wisconsin (MITW) in its effort to establish economic recovery strategies that will strengthen, diversify, and promote resiliency to the regional economy in Menomonee County, Wisconsin. The three-year project includes hiring an Economic Recovery Coordinator and Specialist to assist the Menominee Reservation and create an implementation plan. Once completed, the project will help the Tribe recover from the impacts of the COVID-19 pandemic by establishing a concrete action plan that will advance economic residency throughout the region.
    • $1,056,728, matched by $264,182 in local investment, to Utah State University, Logan/Cache County, Utah, to support Utah State University with providing training on best practices and core skills to effectively develop remote work environments and leading hybrid-remote and fully distributed employees in Logan, Utah. The project will provide a pathway to recovery for those in greatest economic distress from the COVID-19 pandemic, which will create jobs, spur private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 468 jobs and leverage $40,500 in private investment.
    • $1,000,000, matched by $250,000 in local investment, to the Illinois Council of Convention and Visitor Bureaus, Bloomington/McLean County, Illinois, to support the Illinois Council of Convention & Visitors Bureau, and the Illinois Department of Commerce and Economic Opportunity’s Office of Tourism, with establishing the Recovery Awareness Campaign for Illinois Small Businesses. The project will help the region recover from the COVID-19 pandemic by highlighting small businesses located in areas throughout Illinois to drive tourism to those locations and businesses. Once completed, the project will support business continuity and attraction, which will advance economic resiliency throughout the region.
    • $813,000, matched by $257,000 in local investment, to the Lansing Economic Area Partnership, Lansing/Ingham County, Michigan, to support the Lansing Economic Area Partnership’s development of a regional MedTech Strategy and its implementation in Ingham County, Michigan. The strategy will capitalize on the region’s existing healthcare assets by analyzing the healthcare supply chain and MedTech cluster to develop a strategy and action plan that will utilize MedTech to further diversify the regional economy. In addition, the strategy will market the region’s strengths to attract MedTech-oriented companies and help established and start-up companies interested in MedTech innovation and commercialization support. Once completed, the strategy will help the region recover from the COVID-19 pandemic, retain and create jobs, attract private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 560 jobs, save 65 jobs, and leverage $425,000,000 in private investment.
    • $658,560, matched by $164,640 in local investment, to Lenawee Economic Development Corporation/Economic Development Partnership of Hillsdale County, Adrian/Lenawee County, Michigan, to support the Lenawee Economic Development Corporation and its partners with developing an enhanced online and in-person business assistance network to mitigate damage caused by the COVID-19 pandemic in Lenawee County, Michigan. The project will customize business recovery engagements to assist local business owners with recovery efforts from the pandemic and contribute to the region’s economic diversity. Once completed, the project will offer targeted business planning and operations assistance, create and retain jobs, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 70 jobs and save 445 jobs.
    • $372,500, matched by $93,125 in local investment, to the Southland Development Authority, Chicago/Cook County (Project: Oak Forest/Cook County), Illinois, to support the Southland Development Authority in its implementation of the Southland Equitable Recovery Stimulus Program as a response to the effects of the COVID-19 pandemic. The technical assistance program will provide businesses with immediate pandemic recovery assistance such as access to working capital, reopening services to ensure safe and efficient operations in light of the pandemic, and long-term recovery and growth planning and assistance. The completion of the project will assist local business enterprises and small communities recover from and better prepare for future adverse economic impacts, which will strengthen economic resiliency throughout the region. The grantee estimates that this investment will help create 420 jobs, save 100 jobs, and leverage $4,200,000 in private investment.
    • $296,425, matched by $296,425 in local investment, to the City of Mahnomen, Mahnomen/ Mahnomen County, Minnesota, to support the City of Mahnomen’s effort to build its resilience against future flood disasters after devastating floods hit the area. The project will provide uninterrupted water and wastewater service to the most critical business area in town by installing backup generators and necessary improvements to the building that will house the new equipment. Once completed, the project will increase the City’s economic dynamism by preventing future disruption of power service, which will strengthen the regional economy. The grantee estimates that this investment will help create 2 jobs, save 12 jobs, and leverage $12,400,000 in private investment.
    • $80,000, matched by $20,000 in local investment, to the Central Sierra Economic Development District, Sonora/Tuolumne County, California, to support the Central Sierra Economic Development District with developing and implementing a Comprehensive Economic Development Strategy (CEDS) to allow the region to develop more sustainable, less cyclical base industries that can fuel economic vibrancy and make the region less dependent on tourism alone. The CEDS will help the area build regional capacity that contributes to individual, firm, and community success during and beyond the COVID-19 pandemic. Once implemented, the CEDS will provide the region with a roadmap to achieve long-term prosperity and growth, which will help diversify and strengthen the regional economy.
  • $21,630,000 in two Economic Adjustment Assistance projects, matched by $118,000 in local investment, as follows:
    • $21,160,000 in 2019 Disaster Supplemental funding, with no local match, to the Commonwealth of the Northern Mariana Islands, Saipan/Saipan County, Mariana Islands, to fund the construction of the Oleai Sports Complex and Cultural Events Center Facilities on Saipan, Northern Mariana Islands, a designated Opportunity Zone. The project will yield direct and indirect economic benefits by supporting the successful hosting of a major inter-island sports event, which will provide ongoing funding opportunities for the maintenance and growth of the sports and tourism industry. Once completed, the project will help with recovery efforts from the Super Typhoon Yutu, create higher paying job opportunities, attract private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 480 jobs and leverage $1,200,000 in private investment.
    • $470,000 in 2019 Disaster Supplemental funding, matched by $118,000 in local investment, to the Woods Hole Oceanographic Institution, Woods Hole/Barnstable County, Massachusetts, to develop a waterfront oceanographic research infrastructure resiliency plan that will help keep the world-renowned research, exploration, and education institution operational in the event of future storms.
  • $330,000 in two Partnership Planning projects, with no local match, 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.