CARES ACT FUNDING WILL HELP U.S. UNIVERSITIES WITH COVID-19 RESPONSE AND RECOVERY

摘要

The U.S. Department of Commerce's Economic Development Administration (EDA) is awarding $7.8 million in EDA CARES Act Recovery Assistance grants to universities across the U.S. to boost their capacity to support regional economic development strategies in response to the corona-virus (COVID-19) pandemic. The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides EDA with $1.5 billion for economic development assistance programs to help communities prevent, prepare for, and respond to the pandemic. EDA CARES Act Recovery Assistance, which is being administered under the authority of the bureau's flexible Economic Adjustment Assistance (EAA) program, provides a wide-range of financial assistance to eligible communities and regions as they respond to and recover from the impacts of the pandemic. 1. Auburn University, Auburn, AL. A $300,000 grant will assist the Auburn Technical Assistance Center in implementing a program to provide technical assistance and business support to facilitate the economic recovery and growth of minority owned and rural small businesses in Alabama. 2. Arkansas State University, Jonesboro, AR. A $300,000 grant will support the Delta Center for Economic Development in working with regional stakeholders across the state to develop an Arkansas Blueprint for Recovery and Resiliency and strategies to respond to immediate needs.