Press Release

U.S. Department of Commerce Invests $97,850 in Southwestern Oklahoma State University to Create Jobs, Strengthen Regional Economy

May 21, 2009
Contact: Bryan Borlik, (202) 482-4085

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $97,850 grant to Southwestern Oklahoma State University of Weatherford, Okla., to support the operation of the University Center economic development technical assistance program.

The University Center program provides local government and nonprofit organizations with resources to better analyze the economic needs of local communities.

"The Economic Development Administration strongly supports the innovative research and development that takes place at our nation's colleges and universities," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "The Department of Commerce is pleased to partner with Southwestern Oklahoma State University to improve the business climate and standard of living in their communities."

EDA supports the economic development needs of distressed communities throughout the United States. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness and preparing American regions for growth and success in the worldwide economy.

Additional information on how EDA investments are helping distressed communities create a positive and sustainable economic future can be accessed at: http://www.eda.gov