NCRPC to receive EDA $1.1 million grant
WASHINGTON – U.S. Sen. Jerry Moran (R-Kan.) – chairman of the Appropriations Subcommittee on Commerce, Justice, Science, (CJS) and Related Agencies – announced Tuesday, the Economic Development Administration (EDA) awarded a $1.1 million grant to the North Central Regional Planning Commission (NCRPC) in Beloit to help support small businesses impacted by the COVID-19 pandemic.
"The NCRPC is thrilled to be awarded this grant funding for our Revolving Loan Fund," said NCRPC Executive Director, Emily Benedick. "The funds will be used to support businesses in our region who are struggling as a result of COVID-19. Our Business Finance Director, Debra Peters, has been hard at work finalizing the new RLF lending plan in an effort to get these funds out into the region as soon as possible. For more information about the COVID-19 RLF please contact Debra Peters at email@example.com or 785-738-2218."
“In my role as chairman of the CJS subcommittee, I support the ongoing and critical mission of the EDA to assist the economic activity of our communities, especially during this pandemic,” said Sen. Moran. “This grant is an investment into small businesses in north central Kansas that support local jobs and provide invaluable resources to many communities in the region.”
“President Trump is working diligently every day to support our nation’s economy following the impacts of COVID-19 through the CARES Act,” said Secretary of Commerce Wilbur Ross. “This investment will provide small businesses in Kansas with the necessary capital to rebound from the coronavirus pandemic and, in turn, create a stronger and more resilient regional economy for the future.”
“This investment comes at a crucial time to help Kansas’ and our nation’s economy come roaring back and provide hard-working Americans with new opportunities,” said Dana Gartzke, Performing the Delegated Duties of the Assistant Secretary of Commerce for Economic Development. “Small businesses are the lifeblood of our communities and EDA is pleased to invest these CARES Act funds in the North Central Regional Planning Commission to capitalize and administer an RLF that will serve coronavirus-impacted businesses in Clay, Cloud, Dickinson, Ellsworth, Jewell, Lincoln, Marshall, Mitchell, Ottawa, Republic, Saline, and Washington counties.”