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 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...
This $2 million Economic Development Administration Project Grant capitalizes a revolving loan fund to provide access to capital for small businesses and entrepreneurs recovering from the COVID-19 pandemic in Coos, Curry, and Douglas Counties, Oregon. Awarded on March 31, 2022, the grant funds the CCD Business Development Corporation to administer the revolving loan fund under the Economic Adjustment Assistance program (CFDA 11.307). The revolving loan fund will lend to borrowers in the targeted...
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 awarded a $727,054 Project Grant to the Tech Belt Energy Innovation Center under the Economic Adjustment Assistance program. The grant will support the Center's efforts to provide technical assistance, planning services, and infrastructure development to the Warren, Ohio region, which has experienced adverse economic impacts over time. The Economic Adjustment Assistance program aims to aid areas facing such changes through a...
The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $1.44 million Project Grant to the Columbus-Franklin County Finance Authority on July 26, 2022 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The funding will capitalize a revolving loan fund (RLF) to provide small businesses in Columbus and Franklin County, Ohio with critical capital to recover from losses incurred during the ongoing COVID-19 pandemic and increase economic...
The Economic Development Administration awarded a $500,000 Project Grant to the Mid-Minnesota Development Commission on March 22, 2022 under the Economic Adjustment Assistance program. The grant will support the establishment of a revolving loan fund to provide capital to small businesses in four Minnesota counties impacted by the COVID-19 pandemic and a coal plant closure. The revolving loan fund will lend to borrowers in Kandiyohi, McLeod, Meeker, and Renville counties to help businesses...
This $2.25 million Economic Adjustment Assistance Project Grant from the Department of Commerce Economic Development Administration will help create the new Urban League of Greater Cleveland UBIZ Revolving Loan Fund. The RLF will provide small businesses throughout Cuyahoga County, Ohio with access to capital to aid recovery from adverse economic impacts of the COVID-19 pandemic. The Urban League estimates lending through the RLF will catalyze $3 million in private investment and help create 300...
The Department of Commerce Economic Development Administration awarded a $3 million Project Grant to the Toledo-Lucas County Port Authority Inc.'s Seaport Division on February 18, 2021 under the Economic Adjustment Assistance program. The grant will support the Regional RLF, a revolving loan fund that provides financing to businesses and communities in the Toledo, Ohio region experiencing adverse economic impacts. The Economic Adjustment Assistance program aims to aid regions facing sudden or...
The Department of Commerce Economic Development Administration awarded a $790,020 project grant to the Institute For Local Self-Reliance, Inc. to improve the capacity of revolving loan fund CARES Act recipients to deploy capital with an emphasis on improving access to loans for diverse business owners. Under the Economic Development Technical Assistance federal grant program, the Institute For Local Self-Reliance will provide technical assistance to revolving loan fund recipients from July 1,...