Concepts to consider when competing for investment from $1.5 billion the U.S. Department of Commerce Economic Development Administration will award to plan and implement economic recovery strategies in response to the coronavirus pandemic.
ith this roadmap of concepts to consider, the White House Initiative on HBCU encourages HBCU and local, state and Federal public and private partners, to explore activating HBCU Revitalization Ecosystems to mobilize and leverage the nation’s HBCU in America’s economic recovery. Let’s ensure HBCU, students, faculty, communities and public and private partners are aligned and engaged to help inclusively move the nation forward, post COVID-19 and beyond.
This morning, U.S. Secretary of Commerce Wilbur Ross announced that the Economic Development Administration (EDA) is now accepting applications for our $1.5 billion CARES Act Recovery Assistance funding opportunities.
Here is the link to the press release. Here is the link to the EDA FAQ.
Please visit eda.gov/coronavirus, our webpage with information on eligible entities and assistance that is available for communities and regions to respond to and recover from the coronavirus pandemic. Invite others to do the same.
White House Initiative on Historically Black Colleges and UniversitiesU.S. Department of Education
The mission of EDAC is to connect budding & existing entrepreneurs to resources for venture management & growth.