This EDA investment supports the sault convention and visitors bureau with boosting tourism by enhancing the sault STE
Project Grant Awarded
- Award ID
- 067906403
- Recipient
-
Sault Area Tourist Bureau UEI NCXQU5693MD9
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $2,565,000
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $2,052,000.00 Federal
- $513,000.00 Non-federal
- Place of performance
- Sault Ste. Marie, MI 49783, USA
Award details come from USAspending.gov.
About this award
The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $2,565,000 Project Grant to the Sault Convention and Visitors Bureau under the Economic Adjustment Assistance (EAA) program (CFDA #11.307) on September 6, 2022. The funding will support enhancements to tourism infrastructure at the Sault Ste. Marie International 500 Raceway in Chippewa County, Michigan. Specifically, the EDA investment will construct new roads and a parking lot at the raceway, as well as a vendor building and other upgrades. These improvements aim to establish the raceway as a year-round tourist destination, thereby assisting the region's economic recovery and resiliency in the face of fluctuations in tourism. The project delivered through this award seeks to increase employment opportunities, save jobs, spur private investment, and advance overall economic resiliency throughout the local area.
Description
Marie international 500 raceway in chippewa county, michigan. The project will construct new roads, a parking lot, vendor building and other upgrades that will help make the raceway venue a year-round tourist destination. Once completed, the project will assist in the region's recovery and make IT more resilient to fluctuations in tourism, which will help increase employment opportunities, save jobs, spur private investment, and advance economic resiliency throughout the region.
Quick answers
Who received award 067906403?
067906403 was awarded to Sault Area Tourist Bureau by Economic Development Administration (Department of Commerce) on September 6, 2022.
How much is award 067906403 worth?
$2,565,000 has been obligated on 067906403: $2,052,000 in federal funding and $513,000 in non-federal funding.
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