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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
September 30, 2021

U.S. Department of Commerce Invests $2.2 Million in CARES Act Recovery Assistance to Support Arizona’s Tourism Sector

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 Arizona Office of Tourism, Phoenix, Arizona, to support the recovery of Arizona’s tourism sector. This EDA grant is expected to create 12,500 jobs and retain 87,100 jobs.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $2.8 Million in CARES Act Recovery Assistance for Water Infrastructure Improvements to Support Steel Industry in Osceola, Arkansas

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 Osceola, Arkansas, to make water and wastewater improvements to support the region’s growing steel sector. This EDA grant, to be matched with $955,405 in local funds, is expected to create 100 jobs and generate $2 billion in private investment.
  • Press Release
  • CARES Act
September 30, 2021

U.S. Department of Commerce Invests $5.1 Million in CARES Act Recovery Assistance to Construct a Warehouse and Hangar Facility to Support Job Creation in Mobile, Alabama

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5.1 million CARES Act Recovery Assistance grant to the Mobile Airport Authority, Mobile, Alabama, to construct a multi-use cargo warehouse and hangar facility at the Mobile Aeroplex, promoting business expansion and job creation. This EDA grant, to be matched with $747,275 in local funds, is expected to create 50 jobs and generate $1.5 million in private investment.
  • Press Release
  • CARES Act
September 23, 2021

U.S. Department of Commerce Invests $830,123 in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Support Small Businesses in Southeast Nebraska

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $830,123 CARES Act Recovery Assistance grant to the Southeast Nebraska Development District, Lincoln, Nebraska, to capitalize and administer a Revolving Loan Fund, providing gap financing to small, local businesses in Butler, Fillmore, Gage, Jefferson, Johnson, Lancaster, Nemaha, Otoe, Pawnee, Polk, Richardson, Saline, Saunders, Seward, Thayer, and York counties. This EDA grant, to be matched with $207,531 in local investment, is expected to create 25 jobs and generate $2 million in private investment.
  • Press Release
  • CARES Act
September 23, 2021

U.S. Department of Commerce Invests $2 Million in CARES Act Recovery Assistance to Boost Economic Recovery Efforts in Hartford, Connecticut

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 Connecticut Department of Economic and Community Development (DECD), Hartford, Connecticut, to develop economic recovery strategies that will strengthen, diversify, and add resilience to the regional economy. This EDA grant will be matched with $508,395 in local funds.
  • Press Release
  • CARES Act
September 23, 2021

U.S. Department of Commerce Invests $2 Million in CARES Act Recovery Assistance for Water Infrastructure Improvements to Support Business Growth in Aberdeen, South Dakota

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 Aberdeen, South Dakota, to construct a new water tower and waterline to support business expansion. This EDA grant, to be matched with $2.1 million in local funds, is expected to create 100 jobs and generate $35 million in private investment.
  • Press Release
  • CARES Act
September 21, 2021

U.S. Department of Commerce Invests $2.8 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund and Support Small Business in Las Vegas, Nevada

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 Nevada Business Opportunity Fund, Las Vegas, Nevada, to capitalize and administer a Revolving Loan Fund, providing gap financing to minority and other disadvantaged businesses in Clark County. This EDA grant is expected to create or retain 100 jobs.
  • Press Release
  • CARES Act