The Department of Commerce Economic Development Administration (EDA) awarded a $1,610,612 Project Grant to the Maine Space Grant Consortium under the Economic Adjustment Assistance (EAA) program (CFDA 11.307) on July 27, 2022. The funding will support the development of workforce, business, and external engagement elements for the Maine Spaceport Complex Strategic Plan completed in February 2022. Specifically, the award will advance the plan's focus on site evaluation, initial design,...
The Economic Development Administration awarded a $10.8 million Project Grant to the Maine Department of Economic and Community Development under the Economic Adjustment Assistance program (CFDA 11.307). The grant will support marketing, infrastructure, workforce development and other projects to revitalize safe leisure, business and international travel in Augusta, Maine. Specifically, the funding will help rejuvenate the state's tourism industry as it recovers from adverse economic impacts...
This $1 million Project Grant from the Department of Commerce Economic Development Administration will support statewide planning efforts by the Maine Department of Transportation under the EDA's Economic Adjustment Assistance program (CFDA 11.307). The funding will lay the groundwork for Maine to develop a comprehensive plan to strengthen its economy and increase competitiveness in line with the Biden administration's Build Back Better agenda. Specifically, the grant will be used from October...
The Economic Development Administration of the Department of Commerce awarded a $499,516 Project Grant to the University of Maine System on December 15, 2021 through the Economic Adjustment Assistance program (CFDA 11.307). The grant supports a coalition led by the University of Maine System to grow Maine's forest bioeconomy cluster and advance the state as a leader in bio-based materials and applications. The coalition aims to provide opportunities for rural, distressed communities in the...
The Department of Commerce Economic Development Administration awarded a $2.5 million Project Grant to the Northern Maine Development Corporation on September 29, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). This supplemental funding will replenish NMDC's revolving loan fund to provide affordable capital to businesses in Caribou, Maine responding to impacts from the COVID-19 pandemic. An initial EDA CARES Act revolving loan fund grant of $3.34 million awarded in July 2020...
This $3,972,895 Economic Development Administration Project Grant supports the Aroostook Micmac Council's expansion of the tribal aquaculture fish hatchery in Presque Isle, Maine. The hatchery expansion will meet local demand and promote economic resilience by creating jobs and business development for the Aroostook Band of Micmacs. Funded through the Economic Adjustment Assistance program (CFDA #11.307), the August 30, 2022 award will help the Tribe recover from impacts of the COVID-19 pandemic...
The Department of Commerce's Economic Development Administration (EDA) awarded Hagerstown Community College $7.3 million under the Economic Adjustment Assistance (EAA) program on August 9, 2022. The funding will support renovating a facility to expand workforce training programs in commercial truck driving and skilled trades. This will help address labor shortages and support economic growth in key industries in Washington County, Maryland. Once completed, the project is expected to create job...
The Department of Commerce Economic Development Administration awarded a $259,591 Project Grant to the Haines Economic Development Corporation on March 18, 2021 through June 30, 2022 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The EAA program provides technical, planning, and infrastructure assistance to regions experiencing adverse economic changes. This award will support the Haines Economic Development Corporation in delivering services to stabilize the...
The Economic Development Administration awarded a $5.6 million Project Grant to the City of Presque Isle, Maine on August 31, 2022. The grant funding supports construction of a new research hangar, access road, and parking lot at Presque Isle International Airport through the Investments for Public Works and Economic Development Facilities program (CFDA 11.300). This catalytic investment will directly support regional economic development and job growth by expanding facilities for an aerospace...
The U.S. Department of Commerce Economic Development Administration (EDA) awarded the City of Osceola, Arkansas $3.75 million under the Economic Adjustment Assistance (EAA) program on September 29, 2021. The funding will support water and wastewater infrastructure improvements to accommodate increased capacity needs due to business expansion in the local steel industry and impacts from the COVID-19 pandemic. Specifically, the EDA investment will assist Osceola in making upgrades to allow for...