The Economic Development Administration awarded $1.67 million to the RMI Office of Commerce, Investment and Tourism under the Economic Adjustment Assistance program to support projects rejuvenating safe leisure, business, and international travel. As part of EDA's $750 million American Rescue Plan Travel, Tourism & Outdoor Recreation program providing $510 million in state tourism grants and $240 million in competitive tourism grants, this December 8, 2021 award will fund marketing,...
This $1.4 million Economic Development Administration project grant will support marketing, infrastructure, workforce development and other projects to revitalize safe leisure, business and international travel in the Commonwealth of the Northern Mariana Islands (CNMI). Awarded on December 8, 2021, the funding is part of the Economic Adjustment Assistance program administered by the Department of Commerce, which provides assistance to regions experiencing adverse economic changes. The CNMI...
The Economic Development Administration awarded $1.184 million to the Republic of Palau Ministry of Finance under the Economic Adjustment Assistance program on December 8, 2021. This Project Grant funding will support marketing, infrastructure, workforce development and other projects aimed at revitalizing safe leisure, business and international travel in Palau as it recovers from the economic impacts of the COVID-19 pandemic. The Economic Adjustment Assistance program provides technical and...
This $1.395 million project grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program (CFDA 11.307) will support marketing, infrastructure, workforce and other projects to revitalize safe leisure, business, and international travel in American Samoa. Awarded on December 8, 2021 to the American Samoa Government Department of Commerce's American Samoa Coastal Zone Management division, this funding will deliver products and services to...
The U.S. Department of Commerce Economic Development Administration awarded $430,192 to the College of Micronesia-FSM under the Economic Adjustment Assistance (CFDA 11.307) federal grant program on February 17, 2022. The funding will support the establishment of an entrepreneurship development program in Pohnpei, Federated States of Micronesia through the construction of four hydroponic greenhouses and dozens of educational workshops. The program aims to increase agricultural production and...
The College of Micronesia-FSM (COM-FSM) received a $1,052,331 project grant award from the Department of Commerce Economic Development Administration (EDA) on April 15, 2021. The grant falls under EDA's Economic Adjustment Assistance (EAA) program (CFDA 11.307), which provides technical, planning, and infrastructure assistance to regions experiencing adverse economic changes. Through this funding, COM-FSM will support entrepreneurship and economic development in Kolonia, Pohnpei, Federated...
The U.S. Department of the Interior's Office of Insular Affairs awarded a $16,317,488 Formula Grant under the Economic, Social, and Political Development of the Territories program (CFDA 15.875) to the FSM National Government Division of Investment & International Finance, doing business as the Government of the Federated States of Micronesia. This funding supports a range of initiatives to bolster healthcare capacity, strengthen the local economy, and fulfill U.S. obligations under the...
The Small Business Guarantee Corporation received a $500,000 Project Grant award from the Department of Commerce Economic Development Administration on January 28, 2021. The funding supports the Economic Adjustment Assistance program (CFDA 11.307), which provides technical, planning, and public works/infrastructure assistance to regions experiencing adverse economic changes. Under this award, the Small Business Guarantee Corporation will deliver a range of assistance to the Kolonia region of...
The Federated States of Micronesia (FSM) National Government, Division of Investment & International Finance, was awarded a $11,194,148 Formula Grant under the Department of the Interior's Economic, Social, and Political Development of the Territories program (CFDA 15.875). This grant, effective October 1, 2023 through September 30, 2024, will support a range of initiatives across the FSM states of Yap, Chuuk, Pohnpei, and Kosrae. Key focus areas include healthcare capacity building,...
This federal Project Grant award from the Federal Aviation Administration (FAA) Airport Improvement Program (CFDA 20.106) provides $2,886,730.00 in funding to conduct a new airport economic impact study for airports associated with Pohnpei, Federated States of Micronesia. The study, scheduled for completion by September 11, 2028, aims to analyze the economic impact of the Federated States of Micronesia's airport system and support regional infrastructure development. The grant recipient is the...