Treasury approves $635.6 million in SSBCI funding for Texas and Washington
The U.S. Department of Treasury has announced approval of $635.6 million in State Small Business Credit Initiative (SSBCI) funding for Texas and Washington. The addition of these two states means 48 states and three territories have had their SSBCI programs approved.
Texas
ARC POWER Initiative awards $47 million to diversify Appalachian economies
The Appalachian Regional Commission (ARC) recently announced its largest POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Initiative funding package. This funding package awards nearly $47 million to 52 projects in 181 counties to support economic diversification and mitigate job losses from coal-related industries in Appalachian communities.
Group calls for cross-region action to address semiconductor labor shortages
For the United States to achieve greater security in chip manufacturing, the critical sector requires a much larger, better trained workforce.