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 awarded the City of Isle, Minnesota $485,935 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program on August 29, 2022. The funding will support the city's construction of its new Isle Industrial Park, creating four lots totaling 16 acres of developable industrial space to attract new businesses and enable expansion of existing companies. With an additional 57 acres planned for future development, the new infrastructure aims to foster...
The Economic Development Administration awarded the City of Fosston, Minnesota a $7.19 million project grant under the Economic Adjustment Assistance program to boost business growth through infrastructure upgrades at the city's existing airport industrial park. The grant will fund expanded road, water, wastewater, and natural gas capacity to create eight new industrial park lots, as well as construction of a six-unit multi-use hangar at the airport. These infrastructure improvements will foster...
This $1,897,337 federal Project Grant award from the Economic Development Administration (EDA) under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300) will fund the redevelopment of the Hat Point Marina and Ferry Terminal in Grand Portage, Minnesota, a federally designated Opportunity Zone. The project will construct a new building to educate tourists about the Grand Portage Tribe and serve as a fish processing facility for tribal fishing businesses. This...
This federal Project Grant award from the U.S. Department of Commerce Economic Development Administration (EDA) under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300) provides $308,229 to the Red Lake Band of Chippewa Indians to address inflation-related cost overruns and maximize the value of EDA's investment in renovating an existing building to establish a new small business incubator for the Red Lake Band. The award date is September 13, 2024. The...
The Economic Development Administration (EDA) awarded a $7 million Project Grant to Millen City Hall, Georgia on June 14, 2022 under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300). The grant funding will support water infrastructure improvements in Millen to serve new and existing businesses seeking to locate or expand in the area. Completion of the project is expected to create and retain jobs, attract private investment, and advance economic...
The City of La Crosse, Wisconsin received a $1,067,400 project grant award on January 28, 2021 from the U.S. Department of Commerce Economic Development Administration (EDA) under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300). The funding will support infrastructure and facility construction projects in La Crosse as part of the EDA program's focus on catalyzing regional economic development through public works investments. Specifically, the grant...
The Department of Commerce Economic Development Administration awarded a $592,850 Project Grant to the City of Mahnomen, Minnesota on June 3, 2021 under the Economic Adjustment Assistance (EAA) program (CFDA 11.307). The funding will support infrastructure improvements in Mahnomen to address adverse economic impacts. The EAA program provides planning, public works, and infrastructure assistance to regions experiencing sudden or gradual economic changes. The City of Mahnomen will leverage the...
The Department of Commerce Economic Development Administration (EDA) awarded the City of West Branch, Michigan a $3.5 million Project Grant under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300). The grant funding will support construction of a new water treatment plant and well to expand the municipal water system's capacity and address regional water quality issues affecting businesses and residents in Ogemaw County. Completion of this infrastructure...
The Department of Commerce's Economic Development Administration (EDA) awarded $8.23 million to the City of Duluth, Minnesota under the Economic Adjustment Assistance (EAA) program on March 8, 2022. The project grant funding will support reconstruction of the Duluth Entertainment and Convention Center seawall, providing additional waterfront access and resiliency during storms while increasing viability for cruise ship services in Duluth. As the EAA program aims to assist regions facing...