The Guam Economic Development Authority (GEDA) Business & Economic Development Division was awarded a $191,443.50 Project Grant from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (EAA) program. The grant will support GEDA in conducting an aquaculture feasibility study for Guam through March 2022. The EAA program assists regions experiencing adverse economic changes, such as those resulting from sudden or gradual economic...
The Government of Guam's Department of Administration received a $2.44 million project grant award from the Department of Commerce's Economic Adjustment Assistance program on December 8, 2021. The funding will support the territory's tourism industry recovery through various marketing, infrastructure, and workforce development projects. As part of the Economic Development Administration's $750 million American Rescue Plan Travel, Tourism & Outdoor Recreation program, this investment aims...
The Department of Commerce Economic Development Administration awarded a $3.016 million Project Grant to the Port Authority of Guam on June 10, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support the installation of a fuel pipeline on the island of Guam. The EAA program provides infrastructure assistance to regions experiencing adverse economic impacts, which may occur suddenly or over time. The new fuel pipeline aims to strengthen Guam's economic...
The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $300,800 Project Grant to the Government of Guam Department of Administration Bureau of Statistics and Plans Division. This EDA Economic Adjustment Assistance (CFDA 11.307) grant will fund a feasibility study to assess Guam's capacity to manufacture pharmaceuticals, medical equipment, and supplies on the island. The goal is to identify economic diversification opportunities beyond tourism and reduce Guam's...
The Department of Commerce Economic Development Administration awarded a $390,000 Project Grant to the Government of Guam- Department of Administration under the Economic Adjustment Assistance program (CFDA 11.307) on March 18, 2021. The funding will support the Bureau of Statistics and Plans in developing a tourism recovery plan for Guam. The Economic Adjustment Assistance program provides technical and planning assistance to regions experiencing adverse economic changes, such as those...
The Department of Commerce Economic Development Administration awarded the University of Guam a $10,279,549 Project Grant under the Economic Adjustment Assistance program (CFDA 11.307) on February 11, 2021. The funding will support construction projects at the University of Guam campus in Barrigada, Guam. The Economic Adjustment Assistance program provides infrastructure and planning assistance to regions experiencing adverse economic changes, which may occur suddenly or over time. The...
The U.S. Department of the Interior's Office of Insular Affairs awarded a $1,082,993 Project Grant under the Economic, Social, and Political Development of the Territories program (CFDA 15.875) to the Government of Guam Department of Administration, Bureau of Statistics and Plans. The purpose of this grant is to renovate and update the Chamorro Village on the island of Guam, in order to create a retail-commercial outlet and expanded market opportunities for small business entrepreneurs, retail...
This $3.64 million Economic Development Administration project grant supports Guam Community College's renovation of a workforce development training facility in Barrigada, Guam. Funded through the EDA's Economic Adjustment Assistance program, the grant will allow the community college to expand workforce development programs to boost employment opportunities in the region. Guam's economic conditions have weakened due to the COVID-19 pandemic, and the facility improvements are intended to save...
The Guam Economic Development Authority (GEDA) was awarded a $100,000 Project Grant from the U.S. Small Business Administration's (SBA) State Trade Expansion Program (STEP) to provide export assistance to small businesses in Guam. The STEP program provides grants to state and territorial governments to fund initiatives that support small business exporting, including export training, trade missions, international marketing, and technical export assistance. This 2-year award will enable GEDA to...
The Department of Commerce Economic Development Administration awarded a $21.16 million Project Grant to the Office of the Governor of Saipan, CNMI on June 3, 2021 under the Economic Adjustment Assistance program. The funding will support facilities construction projects in Saipan to address adverse economic impacts that may result from sudden or gradual economic changes. The Economic Adjustment Assistance program provides a wide range of technical, planning, public works, and infrastructure...