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September 12, 2023

U.S. Department of Commerce Invests $1.2 Million to Support Disaster Relief and Recovery Efforts in Berea, Kentucky

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Mountain Association for Community Economic Development (MACED) in Berea, Kentucky, to support disaster relief and recovery efforts following severe storms and flooding in July 2022.
  • Press Release
  • Disaster Recovery
May 12, 2023

Biden-Harris Administration Launches First Tech Hubs Funding Opportunity

WASHINGTON, DC — The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today launched the Regional Technology and Innovation Hubs (Tech Hubs) competition. This program will create tech hubs in regions across the country by bringing together industry, higher education institutions, state and local governments, economic development organizations, and labor and workforce partners to supercharge ecosystems of innovation for technologies that are essential to our economic and national security. The program was authorized by the CHIPS and Science Act and is a key part of President Joe Biden’s Investing in America agenda, stimulating private sector investment, creating good-paying jobs, revitalizing American manufacturing, and ensuring no community is left behind by America’s economic progress.
  • Press Release
  • Tech Hubs
September 27, 2022

U.S. Department of Commerce Invests $1.7 Million for Flood Protection System to Protect Businesses in Clarksville, Missouri

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the city of Clarksville, Missouri, to construct a demountable flood protection system along the Mississippi River to keep businesses open and operating.
  • Press Release
  • Disaster Recovery
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