Davis Announces CARES Act Recovery Assistance Grant to UI
U.S. Rep. Rodney Davis (R-Ill) today announced the U.S. Department of Commerce (USDOC) Economic Development Administration (EDA) has awarded a $300,000 Recovery Assistance grant to the University of Illinois EDA University Center. The award is part of the EDA's COVID-19 Recovery and Resiliency Project and will support redevelopment and revitalization in the area to diversify and strengthen the regional economy.
The funding comes from the CARES Act which Congressman Davis voted for and which was signed into law on March 27, 2020. It authorized EDA to provide $1.5 billion for economic development assistance programs to help communities prevent, prepare for, and respond to Coronavirus.
“I'm glad to see these federal dollars come to the local EDA University Center in Champaign where they can utilize the existing economic development framework to boost the region's recovery," said Davis. "I will continue to advocate for getting federal relief dollars directly to our local businesses, organizations, and governments that best know the needs of their communities."
“The Trump Administration is eager to allocate these essential CARES Act funds and deliver on our promise to help American communities recover from the impact of COVID-19,” said Secretary of Commerce Wilbur Ross. “I am proud of the perseverance and strength shown by our communities coast to coast throughout this pandemic, and these funds will help provide Illinois with the necessary resources to make a swift and lasting economic comeback.”
“This investment comes at a crucial time to help Illinois’ 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. “We are pleased to make this investment in the University of Illinois at Urbana-Champaign’s EDA University Center to respond to the coronavirus pandemic by accelerating technology commercialization from research into COVID-19 and prototyping new products to respond to the needs of the pandemic.”
Details from EDA
University Centers receiving these supplemental awards are required to implement one or more scope of work activities that have been pre-approved by EDA: (1) providing technical assistance to entrepreneurs, businesses, and communities to assist in economic recovery efforts, (2) assisting with solutions to move courses to an on-line platform to support the business and entrepreneurial community, (3) supporting technology commercialization, entrepreneurship, product development and manufacturing aimed at the prevention of, preparation for, or response to the economic impacts of the coronavirus pandemic, (4) conducting, sharing and disseminating applied research to address challenges resulting from the economic impacts of the coronavirus pandemic, and (5) assisting communities in identifying and supporting workforce talent through workforce training and other professional development programs.