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 (EDA) awarded a $3.2 million Project Grant to the City of Valdez, Alaska under the Economic Adjustment Assistance (EAA) program. The funding will support the development of outdoor recreational infrastructure and amenities at Meals Hill to boost tourism and stimulate business growth in the region. Specifically, the City of Valdez will construct bike paths, hiking trails, and visitor amenities at Meals Hill to attract new visitors and...
The Economic Development Administration awarded a $9.5 million Project Grant to the Matanuska-Susitna Borough under the Economic Adjustment Assistance program (CFDA 11.307) on July 29, 2021. The funding will support infrastructure improvements at Port MacKenzie in Palmer, Alaska to increase its useful life and efficiency. Specifically, the grant will install 64 steel pile sleeves on an existing deep draft dock and construct a roll-on/roll-off cargo dock. These enhancements are expected to...
This $197,156 Economic Adjustment Assistance Project Grant from the Department of Commerce Economic Development Administration will fund a campus enhancement plan and design for an ADA-accessible covered outdoor amphitheater and pavilion at Pratt Museum in Homer, Alaska. The museum serves as an economic, educational, health care and cultural hub for remote Alaskan communities only accessible by rugged road, boat or plane. Once completed, the project aims to encourage downtown development and...
The Economic Development Administration awarded a $1,725,667 project grant to the Alaska Native Heritage Center under the Economic Adjustment Assistance program (CFDA 11.307) on September 12, 2022. The grant funding will support renovations to visitor amenities at the Alaska Native Heritage Center in Anchorage, Alaska to improve the visitor experience and strengthen tourism recovery in the area from the economic impacts of the coronavirus pandemic. Specifically, the grant will fund updates to...
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 Alaska Travel Industry Association Inc. was awarded a $10,481,274 project grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program. This November 2021 award will support the Association's efforts to rejuvenate safe leisure, business, and international travel to Alaska through various marketing, infrastructure, and workforce development initiatives. As part of EDA's larger $750 million American Rescue Plan program focused on...
The Department of Commerce Economic Development Administration awarded a $2,852,828 project grant to the Alaska Travel Industry Association Inc. on March 18, 2021 under the Economic Adjustment Assistance (EAA) program. The EAA program provides technical, planning, and infrastructure assistance to regions experiencing adverse economic changes. Funding will support the Alaska Travel Industry Association Inc.'s efforts to bolster Alaska's travel and tourism industry in response to economic...
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 U.S. Department of Commerce Economic Development Administration (EDA) awarded Kawerak, Inc. $645,900 under the Economic Adjustment Assistance (EAA) program to prepare a master plan for the future development of the Pilgrim Hot Springs area in Nome, Alaska. The master plan will preserve a cultural and historical resource to attract tourists and explore the development of a new clean energy source and food security initiatives for the underserved Bering Strait region. The project supports...