The Economic Development Administration awarded Southern Oklahoma Water Corporation $380,940 under the Economic Development Technical Assistance federal grant program (CFDA 11.303) to develop a master plan for water infrastructure in Love and Carter Counties, Oklahoma. The master plan will accommodate growth and economic development in the region from September 2022 to August 2024. As the awardee, Southern Oklahoma Water Corporation will create a strategy and framework to strengthen the regional...
The Department of Commerce Economic Development Administration awarded a $7,449,103 Project Grant to the Association of South Central Oklahoma Governments on February 18, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The EAA program funding will support technical, planning, public works, and infrastructure assistance projects in Lawton, Oklahoma led by Ascog. As the official state planning agency for economic development districts, Ascog will deliver services to address...
The Economic Development Administration (EDA) awarded a $1,589,000 Project Grant to Southeastern Oklahoma State University (SOSU) under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300). This grant will support the renovation of an existing building at the Durant Regional Airport, transforming it into an Aerospace Technology Center. The center will expand SOSU's training capacities, develop new programs, and foster industry partnerships to strengthen...
The Department of Commerce Economic Development Administration awarded a $6.08 million Project Grant to Texas State Technical College on April 15, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support the development of a new HIGHTECH Training Center in Bellmead, TX to provide workforce training services. As the EAA program aims to assist regions experiencing adverse economic changes, the Training Center will offer technical skills courses to support...
The Oklahoma Department of Commerce received a $1 million Project Grant award from the Department of Commerce Economic Development Administration on October 15, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The grant funding will support statewide planning efforts through January 15, 2023 to develop comprehensive plans to strengthen Oklahoma's economy in the wake of the Covid-19 pandemic and combat climate change impacts. As part of EDA's American Rescue Plan statewide...
This $645,000 Economic Development Administration project grant to the Southern Oklahoma Development Association will support construction of a conference and emergency operations center. The facility will allow SODA to expand economic development planning services and disaster preparedness support to communities in times of crisis or economic downturn. As the central command center, it will coordinate response from public safety, emergency response, and other support agencies to weather...
The Economic Development Administration awarded a $3.8 million project grant to the Oklahoma City Economic Development Foundation under the Economic Adjustment Assistance program. The grant will support the Oklahoma Biotech Innovation Cluster led by the Foundation to expand the biotechnology industry in the Oklahoma City region. Projects include a commercialization program, expansion of the region's clinical trials center, biotech startup support, and a bioprocessing core facility and...
The Economic Development Administration awarded a $3.3 million Project Grant to Southwest Intermediary Finance Team, Inc. on March 29, 2022 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The funding will capitalize a $2.7 million revolving loan fund to provide access to capital for small businesses and entrepreneurs in 24 counties across central and western Oklahoma impacted by the COVID-19 pandemic. An additional $300,000 will help administer the revolving loan...
The Department of Commerce Economic Development Administration awarded a $2.2 million Project Grant to Southwest Intermediary Finance Team, Inc. on February 11, 2021 under the Economic Adjustment Assistance (EAA) program. The EAA program supports regions experiencing adverse economic changes through technical assistance, planning, and infrastructure projects. Under this award, Southwest Intermediary Finance Team will provide public works and economic development services to Weatherford,...
The Economic Development Administration awarded a $9.06 million Project Grant to the University of Oklahoma Health Sciences Center through the Economic Adjustment Assistance program (CFDA 11.307) on September 8, 2022. The grant funds the Oklahoma Biotechnology Innovation Cluster led by the Oklahoma City Economic Development Foundation to expand the biotechnology industry in the Oklahoma City region. Projects supported include a commercialization program, expansion of the region's clinical trials...