WASHINGTON—Commerce Secretary Gina Raimondo on Monday announced 60 finalists for $1 billion in economic development grants tied to the Biden administration’s coronavirus relief package and aimed at improving job training and regional industry partnerships.
There were 529 applicants for the grants. That means roughly 11 percent of submissions made it to the next round, which will ultimately choose 20 to 30 regional coalitions for up to $100 million in grants that could shape manufacturing, clean energy, and life sciences hubs around the country. Twelve of the finalists were from places tied to the coal industry.
