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U.S. Department of Commerce Invests $5 Million in American Rescue Plan Funds to Support Advanced Manufacturing Workforce Training
Blog Information
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Posted By :
Baltimore citywire
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Posted On :
Jun 23, 2022
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Views :
96
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Category :
General
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Description :
This grant is funded by the yankee Rescue arrange and EDA’s $300 million Coal Communities Commitment.
Overview
Today, U.S. Secretary of Commerce Gina M. Raimondo declared the Department’s Economic Development Administration (EDA) is subsidisation a $5 million grant to rip Lake College, Ina, Illinois, for development of the new Southern Illinois producing Academy.
The EDA investment are matched with $1.2 million in native funds and is predicted to make 750 jobs and generate $5 million in private investment, per receiver estimates.
“President Biden’s yankee Rescue arrange offers direct relief to yankee communities as they work to create a {more robust|an improved} America for the future," same Secretary of Commerce Gina M. Raimondo.
“This EDA investment will give advanced producing coaching that's vital to filling in-demand jobs in Southern Illinois, and can build a stronger, more robust regional economy and boost U.S. fight on the world stage."