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July 29, 2021

U.S. Department of Commerce Invests $4 Million in CARES Act Recovery Assistance to Support Development of a Medical Research and Manufacturing Facility in DeLand, Florida

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million CARES Act Recovery Assistance grant to Volusia County, Florida, to prepare a 56-acre site adjacent to Daytona Beach International Airport for the development of Project COVID, a medical research, manufacturing and multi-modal distribution facility. This EDA grant, to be matched with $1 million in local funds, is expected to create 360 jobs and generate $150 million in private investment.
  • Press Release
  • CARES Act