The Department of Commerce Economic Development Administration awarded a $2.75 million Project Grant under the Economic Adjustment Assistance (CFDA 11.307) program to Ohio University on January 7, 2021. The funding supports technical assistance to communities in Ohio impacted by adverse economic changes through two sub-awards. Buckeye Hills Hocking Valley Region will receive funding to identify and manage legal/planning consultants assisting communities with integrating and implementing...
The Department of Commerce Economic Development Administration awarded a $663,840 Project Grant to the Technology Entrepreneur Center, Inc. on June 24, 2021 under the Economic Adjustment Assistance (EAA) program. The EAA program supports regions experiencing adverse economic changes by providing technical assistance, planning, and infrastructure development. Through this award, the Technology Entrepreneur Center will deliver geospatial workforce development technologies and services to the St....
This $2 million Economic Adjustment Assistance award from the Department of Commerce's Economic Development Administration will capitalize a revolving loan fund administered by Valley Economic Development Partners Inc. to support small businesses and entrepreneurs in Trumbull and Mahoning Counties, Ohio. The revolving loan fund aims to promote economic recovery in the region that has experienced long-term economic distress exacerbated by recent coal-fired power plant closures. By providing...
The Department of Commerce Economic Development Administration awarded a $879,222 project grant under the Economic Adjustment Assistance program to Manufacturing Advocacy & Growth Network Inc. for its EDA SPRINT CHALLENGE: RESILIENT NEO initiative. The grant will support Magnet's delivery of technical assistance and planning services to regions in Cleveland, OH experiencing adverse economic impacts from July 2021 through December 2022. The Economic Adjustment Assistance program aims to...
The U.S. Department of Commerce Economic Development Administration awarded a $3.32 million Project Grant to Trumbull County, Ohio under the Economic Adjustment Assistance program (CFDA 11.307) on May 10, 2022. The funding will support development of a regional tourism strategic recovery plan covering five cities, six villages, and 24 townships in Trumbull County. The plan will establish short, medium, and long-term strategies to reinforce the area's tourism competitiveness and achieve greater...
The Youngstown Edison Incubator Corporation (YEIC) was awarded a $2,378,974 project grant from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (EAA) program. YEIC will use this funding to support its TECH BLOCK BUILDING 2.0 initiative in Youngstown, Ohio. As the EAA program aims to assist regions experiencing adverse economic changes, this project grant will likely support YEIC's efforts to stimulate economic growth in Youngstown...
This $4.5 million Economic Development Administration Project Grant awarded by the Department of Commerce will support the Workroom Program Alliance's renovation of 33,000 square feet within Cleveland's Collinwood High School for adult technical training and workforce development programming focused on manufacturing skills. The Economic Adjustment Assistance program aims to aid regions experiencing adverse economic changes, and these funds are expected to annually serve 200 residents of...
This $500,000 Project Grant from the Department of Commerce Economic Development Administration supports the Coalition led by Magnet: Manufacturing Advocacy and Growth Network in their proposal to grow an equitable smart manufacturing and advanced materials cluster in Northeast Ohio. The Coalition will execute component projects that expand applications of cluster technologies into specialized market segments and fortify and improve the region's supply chain through entrepreneurship and...
The U.S. Department of Commerce Economic Development Administration awarded a $100,000 project grant to the Trumbull County Tourism Bureau, Inc. under the Economic Adjustment Assistance program (CFDA 11.307) on March 29, 2022. The funding will support development of the Trumbull County Regional Tourism Strategic Recovery Plan covering five cities, six villages, and 24 townships in Ohio. The plan will establish short, medium, and long-term tourism development strategies to reinforce the...
The Department of Commerce Economic Development Administration (EDA) awarded $335,264 under the Economic Adjustment Assistance (EAA) program to support the Youngstown Warren Regional Airport in developing an aviation and aerospace sector study. The September 14, 2022 project grant will fund a market analysis detailing trends in aviation, aeronautics, and defense-related aerospace industries. This study aims to support workforce development and stabilize the regional economy in these sectors by...