Project Grant 017915246
Award Date
6/21/22
Completion Date
Not listed
Dollars Obligated
$3.6M
Federal Agency
Economic Development Administration
Federal Grant Program
11.307
Assistance Type
Project Grant
Place of Performance
Maryland, USA
Similar Awards
The Department of Commerce Economic Development Administration (EDA) awarded a $3.6 million Project Grant to the South Central Planning and Development Commission, Inc. to establish a revolving loan fund (RLF) under the Economic Adjustment Assistance (EAA) program. The RLF will provide gap financing for business lending to enable economic recovery from the impacts of the COVID-19 pandemic in Houma, Louisiana. Once implemented, the RLF will provide permanent resources and access to working...
This $3.75 million Economic Development Administration (EDA) Project Grant under the Economic Adjustment Assistance (CFDA 11.307) program capitalizes a revolving loan fund (RLF) administered by the South Eastern Economic Development Corporation. The RLF will provide access to capital for small businesses and entrepreneurs in eight counties in Massachusetts to recover from the economic impacts of the COVID-19 pandemic and promote job creation and private investment. Awarded on April 28, 2022, the...
This $1.2 million Economic Development Administration Project Grant awarded by the Department of Commerce on May 10, 2022 capitalizes a $1,027,995 revolving loan fund (RLF) and provides $93,005 for administration to support economic recovery from the COVID-19 pandemic across 13 counties in southeast Texas. Under the Economic Adjustment Assistance (CFDA 11.307) program, the Gulf Coast Economic Development District, Inc. will utilize the RLF to provide loans to businesses, with funding also used...
The Department of Commerce's Economic Development Administration (EDA) awarded $4.5 million to the Southeast Idaho Council of Governments, Inc. under the Economic Adjustment Assistance (EAA) program (CFDA 11.307) on May 17, 2022. The funding will support the establishment of a revolving loan fund (RLF) to provide gap financing for businesses in Oneida, Bear Lake, Franklin, Caribou, Power, Bannock and Bingham counties in southeastern Idaho. The RLF will help alleviate sudden and severe economic...
The Department of Commerce Economic Development Administration awarded a $790,020 project grant to the Institute For Local Self-Reliance, Inc. to improve the capacity of revolving loan fund CARES Act recipients to deploy capital with an emphasis on improving access to loans for diverse business owners. Under the Economic Development Technical Assistance federal grant program, the Institute For Local Self-Reliance will provide technical assistance to revolving loan fund recipients from July 1,...
The Department of Commerce Economic Development Administration awarded a $738,135 Project Grant to the Department of Commerce Office of Finance Programs on June 24, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The grant will support supply chain resiliency initiatives. The EAA program aims to aid regions experiencing adverse economic changes through technical assistance and public infrastructure projects. The awarded funds will likely support planning and implementation...
The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $500,000 Project Grant to the Upper Minn Valley Regional Development Commission (UMVRDC) on April 5, 2022 under the Economic Adjustment Assistance (EAA) program (CFDA #11.307). The grant funds will capitalize a $500,000 revolving loan fund (RLF) to be administered by UMVRDC. The RLF will provide loans to small businesses and entrepreneurs across five counties in Minnesota - Big Stone, Swift, Lac Qui Parle,...
The Economic Development Administration of the Department of Commerce awarded $352,000 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program to capitalize a $2,000,000 revolving loan fund (RLF) managed by the Rockford Area Convention & Visitors Bureau. The RLF will provide access to capital for small businesses and entrepreneurs in Boone, McHenry, and Winnebago Counties in Illinois to aid their recovery from the impacts of the COVID-19 pandemic. Loans from the RLF...
The Economic Development Administration awarded $9.6 million under the Economic Adjustment Assistance program to support tourism recovery efforts in East Case, Maryland. As part of the American Rescue Plan's $750 million Travel, Tourism & Outdoor Recreation program, this Project Grant funding will support marketing, infrastructure, workforce development and other projects to revitalize safe leisure, business and international travel in the region. The State of Maryland Small Business...
The Mountainland Economic Development District was awarded a $1 million Project Grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program. The grant funds will be used to establish a Revolving Loan Fund to provide short-term financing assistance of up to $100,000 to businesses located in Utah, Summit, and Wasatch Counties in Utah. $100,000 of the grant funding will be allocated for RLF administrative costs, with the remaining...