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
Awarding agency
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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