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067906407

Project Grant

Overview

Grant Description
This EDA investment supports Rend Lake College with creating the new Southern Illinois Manufacturing Academy program in Jefferson County, Illinois. The new program will focus on the next generation of workers, providing the skills necessary for today's advanced manufacturing equipment and facilities.

Once completed, the project will help expand advanced manufacturing workforce training opportunities throughout the region. This expansion will boost emerging business opportunities in the area, advance economic resiliency, attract private investment, and further economic diversification in an area that has been impacted by the decline in the coal industry.
Place of Performance
Mount Vernon, Illinois 62864-9634 United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Analysis Notes
COVID-19 $4,934,400 (100%) percent of this Project Grant was funded by COVID-19 emergency acts including the American Rescue Plan Act of 2021.
Rend Lake College was awarded Southern IL Manufacturing Academy: Boosting Workforce & Economic Resilience Project Grant 067906407 worth $4,934,400 from Economic Development Administration in June 2022 with work to be completed primarily in Mount Vernon Illinois United States. The grant has a duration of 4 years and was awarded through assistance program 11.307 Economic Adjustment Assistance. $1,233,600 (20.0%) of this Project Grant was funded by non-federal sources.

Status
(Ongoing)

Last Modified 7/13/22

Period of Performance
6/23/22
Start Date
6/23/26
End Date
50.0% Complete

Funding Split
$4.9M
Federal Obligation
$1.2M
Non-Federal Obligation
$6.2M
Total Obligated
80.0% Federal Funding
20.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to 067906407

Additional Detail

Award ID FAIN
067906407
SAI Number
None
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
Private Institution Of Higher Education
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
M3RZKF31LJB3
Awardee CAGE
1SCF2
Performance District
12
Senators
Richard Durbin
Tammy Duckworth
Representative
Mike Bost

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Economic Development Assistance Programs, Economic Development Administration, Commerce (013-2050) Area and regional development Grants, subsidies, and contributions (41.0) $4,934,400 100%
Modified: 7/13/22