Cooperative Agreement AID519A001000016

The Department of Commerce Economic Development Administration awarded a $61.5 million cooperative agreement to the International Economic Development Council under the Economic Adjustment Assistance program. The award funds the Economic Recovery Corps project to create a national recovery corps of at least 65 fellows embedded in economic development organizations across the United States. Over three years, fellows will help regions recover from the COVID-19 pandemic by increasing the capacity...

The International Economic Development Council (IEDC) will establish a program focused on small business development, entrepreneurship, sustainable tourism recovery, economic diversification, and workforce development in the Commonwealth of the Northern Mariana Islands (CNMI) through a $368,433 project grant awarded on March 22, 2022 by the Department of Commerce's Economic Development Administration (EDA). The program will enhance local capacity to support economic recovery and resilience in...

The Research Park Corporation received a $1.125 million project grant award from the Department of Commerce Economic Development Administration on May 24, 2022. The funding supports the Ignition Accelerator and Venture Capital Assistance Program to develop tech-based startups across Louisiana's Capital Region. Through this program, the Research Park Corporation will provide technical assistance, planning support, and outreach to underserved communities and businesses to help address the lack...

The North Carolina Department of Commerce, through its Workforce Solutions Division (Dept of Workforce Development), was awarded a $4,000,000 Project Grant from the U.S. Department of Labor's Employment and Training Administration under the Reentry Employment Opportunities (CFDA 17.270) program. This 4-year grant, running from July 1, 2025 to December 31, 2028, will provide comprehensive workforce development services to justice-involved individuals in North Carolina. The program aims to improve...

The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $1.67 million Project Grant under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300) on July 8, 2021 to the New Orleans Business Alliance. The funding will support the development of wet lab space and a clean room in the University of New Orleans Research and Technology Park. These biotech labs will be part of an information technology center located in the park. The...

The Economic Development Administration awarded a $1.687 million project grant to the State of California's Governor's Office of Business and Economic Development on September 29, 2021 under the Economic Adjustment Assistance program. The grant funds the Regional Innovation, Regional Recovery project to mitigate job loss by expanding local economic development capacity and encouraging entrepreneurship in five regions of California particularly impacted by adverse economic changes. The project...

This $3.8 million Project Grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program (CFDA 11.307) will support the establishment of the Business Disaster Response Center in Caguas, Puerto Rico. The Center will provide disaster recovery assistance, incubation space, business education, and access to capital for businesses in 12 municipalities impacted by Hurricanes Maria and Irma. It is expected to create 324 jobs and retain 360 jobs over...

The International Economic Development Council (IEDC) will receive $1 million under an Economic Adjustment Assistance Project Grant from the Department of Commerce's Economic Development Administration to provide technical assistance to implement an economic recovery plan for the Alabama region. IEDC staff and economic development professionals will identify vulnerabilities in the local economy and prioritize needs and strategies to spur recovery through business...

The Department of Commerce's Economic Development Administration (EDA) awarded a $47 million Project Grant to the Washington Student Achievement Council to enhance the Career Connect Washington infrastructure through the Economic Adjustment Assistance program (CFDA #11.307). The grant will support building partnerships in six in-demand industry sectors - advanced manufacturing and aerospace, construction, energy and clean technology, financial services, healthcare, and information technology and...

The U.S. Department of Labor's Employment and Training Administration awarded a $4,000,000 Project Grant under the Reentry Employment Opportunities (CFDA 17.270) federal grant program to the South Central Workforce Development Council (SCWDC), a non-profit workforce development organization in Washington state. This grant supports SCWDC in providing comprehensive workforce development services to justice-involved individuals, including pre- and post-release support through occupational skills...