Ottumwa receives $1.5 Million grant
Fri, 25 Jun 2010 01:50:09 GMT —
The following is a Press Release from Senator Chuck Grassley's Office:
Chuck Grassley Thursday said that the U.S. Department of Commerce TMs Economic Development Administration has awarded a $1.5 million grant to Ottumwa.
Ottumwa will use the funds to construct additional infrastructure at the Ottumwa Industrial Airport. This will help retain existing jobs, expand businesses, prepare for construction of a new job training facility at the airport, and encourage private investment and job creation.
The Economic Development Administration serves as a venture capital resource to meet the economic development needs of distressed communities throughout the United States through the promotion of innovation and competitiveness and preparing regions for growth and success in the global economy.