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October 21, 2021

U.S. Secretary of Commerce Gina Raimondo Announces First Awards Distributed Under Economic Development Administration’s American Rescue Plan Programs

WASHINGTON – U.S. Secretary of Commerce Gina M. Raimondo is pleased to announce that the Department’s Economic Development Administration (EDA) has begun awarding its historic $3 billion in American Rescue Plan funds to assist communities nationwide in their efforts to build back better by accelerating the economic recovery from the coronavirus pandemic and building local economies that will be resilient to future economic shocks.
  • Press Release
  • American Rescue Plan
October 14, 2021

U.S. Department of Commerce Invests $2.9 Million in CARES Act Recovery Assistance to Build Broadband Infrastructure to Serve Businesses and Residents in Farmersville, Texas

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million CARES Act Recovery Assistance grant to the city of Farmersville, Texas, to build new fiber optic broadband infrastructure to support businesses and residents. This EDA grant will be matched with $727,203 in local funds.
  • Press Release
  • CARES Act
October 14, 2021

U.S. Department of Commerce Invests $2 Million in CARES Act Recovery Assistance for Rail Expansion to Support Manufacturing Sector in Wynne, Arkansas

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the city of Wynne, Arkansas, to construct a new industrial rail spur facility to support local manufacturers. This EDA grant, to be matched with $500,000 in local funds, is expected to create 200 jobs.
  • Press Release
  • CARES Act
October 14, 2021

U.S. Department of Commerce Invests $1.2 Million in CARES Act Recovery Assistance for Rail Port Improvements to Support Businesses and Create Jobs in Lubbock, Texas

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the Lubbock Economic Development Alliance, Lubbock, Texas, for enhancements to the Lubbock Rail Port, supporting job creation and business expansion. This EDA grant, to be matched with $1.2 million in local funds, is expected to create 38 jobs and generate $5 million in private investment.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $3.8 Million in CARES Act Recovery Assistance to Support Innovation and Entrepreneurship in Flint, Michigan

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million CARES Act Recovery Assistance grant to the University of Michigan-Flint, Flint, Michigan, to construct the university’s new College of Innovation and Technology. This EDA grant, to be matched with $4.9 million in local funds, is expected to create 126 jobs, retain 175 jobs, and generate $10.4 million in private investment.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $2.2 Million in CARES Act Recovery Assistance to Construct a Wastewater Treatment Plant and Support Business Expansion in Estill, South Carolina

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million CARES Act Recovery Assistance grant to the town of Estill, South Carolina, to construct a wastewater treatment plant and support spray field improvements designed to support business expansion and create jobs. This EDA grant is expected to create 30 jobs and generate $15 million in private investment.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $800,000 in CARES Act Recovery Assistance to Support Recovery of Tourism in Portland, Oregon

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $800,000 CARES Act Recovery Assistance grant to the Metro Regional Government, Portland, Oregon, to support the recovery of the region’s tourist economy. This EDA grant, to be matched with $200,000 in local investment, is expected to create 492 jobs and retain 472 jobs.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $2.8 Million in CARES Act Recovery Assistance to Support Airport Hangar Expansion in Roswell, New Mexico

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million CARES Act Recovery Assistance grant to the city of Roswell, New Mexico, to construct an airport hangar addition at the Roswell Air Center and support business expansion. This EDA grant is expected to create 45 jobs and retain 30 jobs.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $2 Million in CARES Act Recovery Assistance to Capitalize a Revolving Loan Fund to Serve Small Businesses in Aroostook and Washington Counties, Maine

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the Northern Maine Development Commission, Caribou, Maine, to capitalize and administer a Revolving Loan Fund, providing gap financing to small, local businesses in Aroostook and Washington counties. This EDA grant, to be matched with $500,000 in local funds, is expected to create 106 jobs, retain 124 jobs, and generate $3.3 million in private investment.
  • Press Release
  • CARES Act