KOAM
October 16, 2020 10:06 AM Site staff
WASHINGTON – U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.8 million grant to the Bioscience & Technology Business Center at the University of Kansas in Lawrence, Kansas, to build a new facility to increase entrepreneurial and research opportunities in the bioscience and technology sector. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with more than $14 million in state and local funds, and is expected to create 225 jobs, retain more than 100 jobs, and generate $142 million in private investment.
December 11, 2020 -Â U.S. Secretary of Commerce Wilbur Ross announced that the Departmentâs Economic Development Administration (EDA) is awarding a $2
 million grant to the Downtown Statesboro Development Authority, Statesboro, Georgia, to boost business growth and resiliency efforts by expanding the City Center Business Incubator. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $500,000 in local funds, is expected to create 300 jobs, and generate $40 million in private investment.Â
âHurricane Irma severely impacted Statesboro and Bulloch County by in 2017,â said Secretary of Commerce Wilbur Ross. âThis project will strengthen the partnership between the Downtown Statesboro Development Authority and Georgia Southern Universityâs Business Innovation Group and aid in their efforts to rebuild and reinforce the regionâs economy. The Opportunity Zone designation will further transform the lo