Federal Economic Development
Resources & Incentives
Small Business Administration (SBA)
Created to aid, counsel, assist, and protect the interests of small businesses in the United States. (www.sba.gov)
Paycheck Protection Program resumes 1/11/2021 (www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program)
Economic Development Administration (EDA)
Established in 1965 to generate new jobs, help protect existing jobs and stimulate commercial and industrial growth in economically distressed areas of the United States. (www.eda.gov)
United States Department of Housing and Urban Development (HUD)
Administers the principal programs that provide assistance for housing and for the development of the nation’s communities. (www.hud.gov)
United States Department of Agriculture (USDA)
The USDA has a number of financing mechanisms available to help rural businesses. (www.rurdev.usda.gov)