In 2023, the US Department of Commerce invested $1B in the American economy via grants. Yes, that is BILLION with a “B”. Investments focused on research development, manufacturing, education, and digital infrastructure. These investments focused on both urban and rural environments but with heavy emphasis on rural investment. How do federal grants better the US economy?
According to the Brookings Institute. “With billions of dollars making their way to communities from the Infrastructure Investment and Jobs Act (IIJA), CHIPS and Science Act (CHIPS), and the Inflation Reduction Act (IRA), it is critical to understand the opportunities and barriers for distressed rural communities to access infrastructure investment from both federal agencies and from the regional commissions.”
Watch this online event to learn more about rural infrastructure investment: Unlocking infrastructure investment in distressed rural places | Brookings
Shore Points Grant Professionals 