This $1.2 million Economic Development Administration Project Grant awarded by the Department of Commerce on May 10, 2022 capitalizes a $1,027,995 revolving loan fund (RLF) and provides $93,005 for administration to support economic recovery from the COVID-19 pandemic across 13 counties in southeast Texas. Under the Economic Adjustment Assistance (CFDA 11.307) program, the Gulf Coast Economic Development District, Inc. will utilize the RLF to provide loans to businesses, with funding also used...
The Department of Commerce Economic Development Administration awarded a $300,000 Project Grant to the South Plains Economic Development District to support development and implementation of a Comprehensive Economic Development Strategy under the Economic Development Support for Planning Organizations program. The grant will fund creation of a CEDS, which is an economic development roadmap to diversify and strengthen the regional economy encompassing 15 counties in the Lubbock, Texas area....
The Rio Grande Council of Governments was awarded a $262,500 project grant from the Department of Commerce Economic Development Administration's Economic Development Support for Planning Organizations program. The grant will support the development and implementation of a Comprehensive Economic Development Strategy for the six-county region comprising Brewster, Culberson, El Paso, Hudspeth, Jeff Davis, and Presidio Counties in Texas from January 2022 through December 2024. As part of the...
The Department of Commerce Economic Development Administration awarded a $861,310 Project Grant under the Economic Adjustment Assistance program to capitalize a revolving loan fund and provide administrative costs. The grant will capitalize a $775,179 revolving loan fund to provide loans to borrowers in South Plains Association of Governments, Panhandle and Permian Basin regions of Texas. It will also provide $86,131 to the South Plains Association of Governments to cover the costs of...
The Economic Development Administration awarded a $5 million Project Grant to the Texas Research and Technology Foundation under the Economic Adjustment Assistance program (CFDA 11.307) on July 8, 2021. The funding will support construction of six private laboratories to aid in the development of drugs, biologics, diagnostics, therapeutics, vaccines, and medical devices for COVID-19 and future health threats. Once completed, the laboratories will be leased to private organizations and offer...
This $500,031 Economic Development Administration project grant supports Texas A&M University at Corpus Christi's "Communities as Start-ups" initiative. The initiative aims to drive economic development and long-term recovery from the COVID-19 pandemic in communities across Texas and Louisiana through entrepreneurship programs. The university will develop, enhance, and scale a framework to help startup businesses form and grow in these regions. Once completed, the program intends...
The Southwest Mississippi Planning and Development District Inc. was awarded a $262,500 Project Grant from the Department of Commerce Economic Development Administration's Economic Development Support for Planning Organizations program (CFDA 11.302). The grant will support the development and implementation of a Comprehensive Economic Development Strategy for the ten-county region served by the Southwest Mississippi Planning and Development District from January 2022 through December 2024. As...
The Southwest Economic Development District was awarded a $262,500 project grant from the Department of Commerce Economic Development Administration's Economic Development Support for Planning Organizations program to develop and implement a Comprehensive Economic Development Strategy (CEDS) for Catron, Grant, Hidalgo, and Luna counties in New Mexico. Through January 2022 to December 2024, the Southwest New Mexico Council of Governments will utilize the funding to facilitate a collaborative...
The Coastal Bend Council of Governments was awarded a $1,000,000 project grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program on July 5, 2022. The grant will support the Council in creating a workforce and economic development program to provide targeted technical assistance to counties in the Corpus Christi, Texas region. The program will help communities develop and implement resiliency plans to increase economic...
The Department of Education Office of Postsecondary Education awarded a $114,720 Formula Grant to Silva And Lopez Associates, Inc., doing business as South Texas Training Center, on September 10, 2021 to provide emergency aid to students through September 9, 2022. The grant funding was provided through the Education Stabilization Fund (ESF) program, authorized under the Coronavirus Aid, Relief, and Economic Security Act and Catalog of Federal Domestic Assistance number 84.425, to prevent,...