The Department of Commerce Economic Development Administration awarded the City of Angoon, Alaska a $1,775,470 Project Grant on April 29, 2021 under the agency's Economic Adjustment Assistance (CFDA 11.307) program. The funding will support tourism infrastructure development in Angoon, Alaska. The EAA program provides assistance to regions experiencing adverse economic changes, which may occur suddenly or over time due to factors resulting in steep economic impacts. This award will aid...
The Department of Commerce Economic Development Administration awarded a $259,591 Project Grant to the Haines Economic Development Corporation on March 18, 2021 through June 30, 2022 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The EAA program provides technical, planning, and infrastructure assistance to regions experiencing adverse economic changes. This award will support the Haines Economic Development Corporation in delivering services to stabilize the...
The Economic Development Administration (EDA) awarded a $1.7 million Project Grant to the Huslia Village Tribal Council through the Economic Adjustment Assistance (EAA) program (CFDA 11.307) on September 14, 2022. The grant will support relocating and replacing elements of Huslia Village's power distribution network currently located in a river erosion zone in Yukon-Koyukuk County, Alaska. This infrastructure improvement project aims to increase employment opportunities, spur private investment,...
The Department of Commerce Economic Development Administration awarded a $350,894 Project Grant to Launch Alaska on May 12, 2021 under the Economic Adjustment Assistance program. The funding will support a feasibility study to aid the Anchorage, Alaska region which has experienced adverse economic impacts. The Economic Adjustment Assistance program provides planning and public infrastructure assistance to regions facing sudden or gradual economic changes through technical assistance and...
The Department of Commerce Economic Development Administration awarded a $617,753 Project Grant to Chugach Regional Resources Commission on April 15, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The grant will support the AQUATIC KELP FARM project in Anchorage, AK to provide technical and planning assistance for regions experiencing adverse economic changes. As part of the EAA program, which aims to aid communities facing sudden or gradual economic difficulties, the grant...
The Economic Development Administration awarded a $500,000 Project Grant to Spruce Root, Inc. to develop a sustainable forest products cluster in Southeast Alaska under the Economic Adjustment Assistance program (CFDA 11.307). The grant will support Spruce Root's coalition proposal to establish the region as a leader in transitioning from legacy nonrenewable logging to a 21st century economy powered by sustainable forest products. The coalition projects aim to create new economic opportunities...
The Economic Development Administration of the Department of Commerce awarded a $10.3 million Project Grant to the Southeast Conference through the Economic Adjustment Assistance program (CFDA 11.307) on September 2, 2022 to support the Alaska Mariculture Cluster. The grant will fund projects to catalyze a sustainable mariculture industry in Alaska through 2026 by capitalizing a revolving loan fund to facilitate business expansion, developing mariculture-focused workforce training programs,...
The Economic Development Administration awarded a $400,553 project grant to the Anchorage Economic Development Corporation on July 21, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The grant will support the development of an economic resilience strategy to mitigate adverse impacts of economic disruptions in Anchorage, Alaska. Upon completion, the strategy is intended to position the regional economy to withstand and recover from economic shocks while functioning...
The City and Borough of Yakutat, Alaska will receive $500,000 through a Project Grant award from the Department of Commerce's Economic Development Administration (EDA) under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The funding will support construction of a new public facility at the small boat harbor to enhance the travel, tourism and outdoor recreation sectors impacted by COVID-19. The facility aims to increase employment, spur private investment and advance...
This $8.37 million Economic Adjustment Assistance Project Grant from the Department of Commerce's Economic Development Administration will support the development of new visitor infrastructure and amenities in Palmer, Alaska. Administered by the Matanuska-Susitna Borough, the project aims to boost tourism in the region by providing local businesses with retail space to connect with visitors in a central location. Upon completion in May 2027, the project is expected to support start-up and...