Grant

September 14 - 18, 2015

  • $1.416 million in Economic Adjustment funds to the Florida Institute of Technology, Inc., Melbourne, Florida, to fund construction of the Center for Advanced Manufacturing and Innovative Design in Brevard County. When completed, the new technology business incubator facility will be a hub for microbusiness incubation, business acceleration, and will serve as a catalyst for growing resilient manufacturing jobs and increasing global competitiveness in the East Central Florida region. This investment is part of a $2,900,139 project that the grantee estimates will create 598 jobs.
  • $1 million in Economic Adjustment funds to the City of Springdale, Arkansas, to construct critical roadway and water drainage infrastructure to improve Cambridge Street in Washington County. The project mitigates economic distress caused by flooding and will lead to increased disaster resiliency, promoting business expansion in the region. This investment is part of a $2.9 million project.
  • $1 million in Economic Adjustment funds to the White River Planning and Development District, Inc., Batesville, Arkansas, to support the White River Planning and Development District, Inc. in the construction of an Economic Resource Center in Independence County. The project mitigates economic distress caused by flooding and will lead to increased disaster resiliency, providing a resource center to serve area residents. This investment is part of a $1.25 million project.
  • $694,864 in Public Works funds to the City of Lavonia and Franklin County, Georgia, to support the expansion of an existing manufacturing company. The improvements will strengthen and enhance economic diversification of the region’s automotive industry, and serve as a catalyst for attracting new commercial and industrial development and job creation in the region. This investment is part of a $1,389,729 project that the grantees estimate will create 400 jobs and leverage $54 million in private investment.
  • $500,000 in in Economic Adjustment funds to the Southeast Arkansas Economic Development district, Inc., Pine Bluff, Arkansas, to support the Southeast Arkansas Economic Development District, Inc. and the Southeast Arkansas Railroad Rehabilitation Project. The project constructs 22 miles of railroad to mitigate economic distress caused by flooding and will lead to increased disaster resiliency. This investment is part of a $625,000 project.
  • $249,000 in Local Technical Assistance funds to the United South and Eastern Tribes, Inc., Nashville, Tennessee, to fund the development of an economic roadmap for 15 Federally-recognized Tribes and Tribal Nations throughout EDA’s Philadelphia regional office. The capacity building program will provide strategic planning, technical assistance, training, education, and other resources to Tribes throughout the region, bringing together the public and private sectors to support the Tribes’ shared economic goals. This project will address the need for enhanced opportunities to access capital and other critical services to empower and promote economic development and growth. The 15 Federally-recognized Tribes include: the Mashantucket Pequot Tribal Nation and the Mohegan Tribe in Connecticut; Aroostook Band of MicMac, Houlton Band of Maliseet Indians, Passamaquoddy Tribe-Pleasant Point, Passamaquoddy Tribe-Indian Township and Penobscot Indian Nation in Maine; Wampanoag Tribe of Gay Head and Mashpee Wampanoag in Massachusetts; Cayuga Nation, Oneida Indian Nation, Saint Regis Mohawk, Seneca Nations and Shinnecock Indian Nations in New York; and the Narragansett Indian Tribe in the state of Rhode Island. This investment is part of a $249,000 project.
  • $180,000 in Short-Term Planning funds to the South Central Planning and Development Commission, Houma, Louisiana, to support the development and implementation of a comprehensive economic development strategy (CEDS) for the region served by the South Central Planning and Development Commission, which is comprised of Acadia, Evangeline, Iberia, Lafayette, St. Martin, St. Mary, St. Landry, and Vermillion parishes. 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. This investment is part of a $225,000 project.
  • $150,000 in Short-Term Planning funds to Virginia’s Region 2000 Local Government Council, Lynchburg, Virginia, to fund the refinement and implementation of various activities in the Comprehensive Economic Development Strategy (CEDS) for the Region 2000 Local Government Council, which comprises the counties of Amherst, Appomattox, Bedford, and Campbell, and the independent cities of Bedford City and Lynchburg. 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. This investment is part of a $300,000 project.
  • $150,000 in Economic Adjustment funds to the Capital Area Council of Governments, Austin, Texas, to support the Capital Area Council of Governments by funding an economic and disaster impact assessment and mitigation plan to identify infrastructure projects that support economic development efforts and enhance economic competitiveness and disaster resiliency in the region. This investment is part of a $200,944 project.