Press Release

U.S. Department of Commerce Invests $22,500 to Create Jobs, Strengthen Economy in Mora, Minnesota

June 25, 2009
Contact: Bryan Borlik, (202) 482-4085

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $22,500 grant to the East Central Regional Development Commission of Mora, Minn., to help boost business development at the Mora and Cambridge Opportunity industrial parks.

"The Economic Development Administration is pleased to partner with the East Central Regional Development Commission to boost business development and job growth," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA grant will help promote the region's industrial parks to prospective tenants."

EDA is an agency within the U.S. Commerce Department and 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.