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May 10, 2022

U.S. Department of Commerce Invests $1.1 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Support Small Businesses in Southeast Texas

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the Gulf Coast Economic Development District, Inc., Houston, Texas, to capitalize and administer a revolving loan fund.
  • Press Release
  • Disaster Recovery
May 3, 2022

U.S. Department of Commerce Invests $3 Million in CARES Act Recovery Assistance to Expand High-Speed Internet in Michigan’s Eastern Upper Peninsula

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to Merit Network, Inc., Ann Arbor, Michigan, to support construction of a 70-mile, middle-mile fiber optic infrastructure, which will expand access to high-speed internet in the region.
  • Press Release
  • CARES Act
April 13, 2022

U.S. Department of Commerce Invests $1.1 Million in CARES Act Recovery Assistance for Biotechnology Expansion to Develop Treatments for COVID-19 in Brooklyn, New York

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to BioBAT, Inc., Brooklyn, New York, for the renovation of workspace designated for two biotechnology companies.
  • Press Release
  • CARES Act
April 12, 2022

U.S. Department of Commerce Invests $1.2 Million in CARES Act Recovery Assistance to Support Healthcare Workforce Development in The Dalles, Oregon

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to Columbia Gorge Community College, The Dalles, Oregon, to renovate and modernize an existing facility to grow healthcare workforce development programs.
  • Press Release
  • CARES Act
March 29, 2022

U.S. Department of Commerce Invests $3 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Serve Small Businesses in Northwest and Central Oklahoma

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to Southwestern Intermediary Finance Team, Inc. (SWIFT), Weatherford, Oklahoma, to capitalize and administer a Revolving Loan Fund to support small businesses in 23 counties.
  • Press Release
  • CARES Act