Economic Development Administration

| EDA and the U.S. Department of Commerce have announced 6 additional $25M in Good Jobs Challenge awards.

| EDA Reauthorization passed by Congress, heads to the President's desk.

"Over the last 20 years, EDA has evolved to ensure its programs make America’s communities more competitive, resilient, and secure. This reauthorization legislation will allow EDA to continue to meet the moment for generations to come,” said Acting Assistant Secretary for Economic Development

As part of the $2 trillion federal CARES Act passed by Congress to provide economic relief to the nation $75 million was allocated to the National Endowment for the Humanities (NEH) to assist the many organizations operating within the cultural sector that preserve history, inspire creative thinking, foster understanding between citizens, and maintain the nation’s identity as a diverse, free society.

Of that amount, 40% was designated to be divided among the state humanities councils for distribution in their respective states. Connecticut Humanities re-granted a total of $478,467 in CARES Act funding to 70 organizations. Grant awards ranged from $2,500 to $20,000, and no match was required (maximum amount of funding was based upon an organization’s budget size).

Grants were used for general operating expenses such as salaries, rent, utilities, supplies, and equipment.

JUST LAUNCHED | Recompete Pilot Program Phase 1 Funding Opportunity
Recompete will bring focused investments to communities in need of resources & opportunities so all communities have a path to economic prosperity.

EDA has made transformational investments in Tribal communities to broaden economic prosperity.

✅ 372 Grants to Indigenous Communities
✅ $1.5B in Private Sector Investments
✅ 17.6K+ Jobs Created or Retained

Last week, Chelan Douglas Regional Port Authority broke ground on their new “Trades District.” The project — supported with a $5 million EDA grant — will repurpose eight acres of industrial park for a center of training and good job creation in East Wenatchee, WA.

News Release: https://bit.ly/45rVUXT


[Photo Credit: Jeremy Williams]

You might as well call North Carolina’s coast the Gateway to Commerce. Contributing approximately $16.1 billion to its economy, the Port of Wilmington and Port of Morehead City provide a massive competitive advantage to the corporations that call this state home. North Carolina Ports

More here: https://edpnc.com/why-north-carolina/infrastructure/

One more volunteer appreciation post! These fine folks helped us end our with a bang! Thank you