The Department of Commerce's Economic Development Administration awarded a $1 million Project Grant to the Minnesota Department of Employment and Economic Development under the Economic Adjustment Assistance program (CFDA 11.307). The grant will support statewide planning efforts from October 2021 through March 2024 to develop comprehensive economic recovery and resilience plans in line with the Biden Administration's Build Back Better agenda. As part of EDA's American Rescue Plan funding,...
The Department of Commerce Economic Development Administration (EDA) awarded a $500,000 Project Grant to the Minneapolis Saint Paul Regional Economic Development Partnership under the Economic Adjustment Assistance (EAA) program. The grant will support the Bold North Bioinnovation Cluster led by the Partnership to make Minnesota a leader in solving problems through bioinnovation. Funds will be used to invest in Black, Indigenous, and people of color workers, entrepreneurs, and existing...
This $500,000 Project Grant from the Department of Commerce Economic Development Administration supports the East Central Regional Development Commission in establishing a revolving loan fund to provide financing to businesses and entrepreneurs across five counties in Minnesota as the region recovers from the economic impacts of the COVID-19 pandemic. The funding is provided through the Economic Adjustment Assistance program, which aims to support regions experiencing adverse economic changes....
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 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 a $1,050,000 Project Grant to the Southwest Regional Development Commission under the Economic Development Support for Planning Organizations program (CFDA 11.302). The grant will support the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for a nine-county region of southwest Minnesota through March 2025. As part of EDA's Planning program, the CEDS process brings together public...
The Region 9 Development Commission received a $420,000 project grant award from the Department of Commerce Economic Development Administration under the Economic Development Support for Planning Organizations federal grant program (CFDA 11.302). The grant will support regional economic development planning for nine counties and over 250 local jurisdictions in south central Minnesota through March 2024. As part of EDA's Planning program to stimulate regional economic growth, this award will fund...
The Department of Commerce's Economic Development Administration awarded a $2.838 million Project Grant to the City of Saint Paul, Alaska under the Economic Adjustment Assistance program. The grant will support the extension and upgrade of water, sewer, and electric utility infrastructure in Saint Paul's Small Boat Harbor area to enable commercial development and increase the city's economic resiliency. Completing this infrastructure project by May 2027 will attract new industries, create...
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...
This $128,242 Project Grant award from the U.S. Department of Commerce Economic Development Administration (EDA) under the Economic Development Technical Assistance program (CFDA 11.303) supports the Region 9 Development Commission and the New Ulm Business Resource and Innovation Center (NUBRIC) in south central Minnesota. The funding will be used to establish a new STEM robotics laboratory and implement a new intersectoral workforce development project across the region. The goal is to foster...