



U.S. Department of Commerce Invests $2.36 Million in American Rescue Prepare Funds to Develop Healthcare Employment in Pikeville, Kentucky


Award is Portion of the Section of Commerce’s $300 million Coal Communities Determination




Contact: EDA Public Affairs Division, (202) 482-4085

March 18, 2022





WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Financial Advancement Administration (EDA) is awarding a $2.36 million grant to Pikeville Medical Center, Inc., Pikeville, Kentucky, for the provision of new products that will be applied to meet up with individual demand and critical health care requires.


The EDA investment is funded out of the American Rescue Plan’s $300 million Coal Communities Determination centered on supporting coal-reliant communities growth into new sector sectors and get well from the pandemic. The job will provide the Pikeville Health care Centre with a linear accelerator, which gives focused radiation to fight most cancers. This technology will progress this Appalachia local community to satisfy affected person demand and essential health care desires whilst supporting task generation in the healthcare subject. This EDA job will be matched with $589,228 in nearby cash and is anticipated to develop or retain a lot more than 220 work opportunities.


“President Biden’s American Rescue Program gives direct reduction to American communities as they do the job to create again superior from the financial impression of the coronavirus pandemic,” reported Secretary of Commerce Gina M. Raimondo. “The President and the Section of Commerce are especially targeted on supporting coal-reliant communities develop into new market sectors. This financial investment will build work in the health care sector, acquiring a stronger regional economic climate in the system.”


“The Economic Development Administration is proud to aid local community-led economic development techniques to improve coronavirus recovery and response initiatives,” claimed Assistant Secretary of Commerce for Financial Growth Alejandra Y. Castillo. “This challenge is component of EDA’s Coal Communities Motivation and will deliver assistance as the nearby financial state transitions from the coal marketplace to new fields. It will also make it possible for Pikeville Professional medical Middle to go on supplying significant cancer-connected and wellness treatment products and services to its local community even though building work opportunities and advertising financial well being.”


“Pikeville Health care Center plays a very important part in Japanese Kentucky, giving substantially-required wellness care to the location but a lot more than that, they are making positions – employment in regular drugs as properly as the jobs of the long term with innovative health-related technology,” reported Governor Andy Beshear. “This important funding will assure that they are equipped to continue on fulfilling their mission to boost the health and fitness and very well-being of Jap Kentuckians.”


“Kentucky has the maximum cancer mortality rate in the place, and we have been at the leading of the checklist for considerably as well long,” stated Congressman Hal Rogers (KY-05). “This financial commitment in specialised medical products will help us fight most cancers and help save life in Kentucky’s Appalachian area. I applaud Pikeville Healthcare Centre and the EDA for generating absolutely sure our men and women have entry to condition-of-the-art devices and exceptional health-related professionals proper here at property.”


This challenge was created achievable by the regional setting up attempts led by the Major Sandy Region Advancement District (Large Sandy Insert) and the Kentucky River Place Enhancement District (KRADD). EDA funds Large Sandy Add and KRADD to provide with each other the general public and personal sectors to produce an financial enhancement roadmap to reinforce the regional financial state, aid private capital financial commitment and develop employment.



This task is funded underneath EDA’s American Rescue Prepare Economic Adjustment Aid program, which tends to make $500 million in Economic Adjustment Support grants accessible to American communities. The Financial Adjustment Guidance system is EDA’s most flexible plan, and grants created under this application will support hundreds of communities throughout the country strategy, construct, innovate, and set people today again to function by way of development or non-design tasks built to meet up with neighborhood desires.


EDA’s Coal Communities Commitment allocates $300 million of EDA’s $3 billion American Rescue Plan appropriation to help coal communities as they recuperate from the pandemic and to assistance them make new positions and possibilities, like by means of the creation or growth of a new sector sector. Specially, EDA has devoted $100 million of its Develop Back Improved Regional Challenge resources and $200 million of its Economic Adjustment Help funds to instantly help coal communities.











About the U.S. Financial Development Administration (www.eda.gov)

The mission of the U.S. Economic Advancement Administration (EDA) is to direct the federal financial development agenda by selling competitiveness and making ready the nation’s locations for growth and achievement in the around the world overall economy. An agency inside of the U.S. Office of Commerce, EDA invests in communities and supports regional collaboration in get to create employment for U.S. personnel, promote American innovation, and accelerate extensive-time period sustainable economic progress.