Press Release

U.S. Department of Commerce Invests $200,000 to Create Jobs, Strengthen Economy in Reno, Nevada

July 22, 2009
Contact: Bryan Borlik, (202) 482-4085

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $200,000 grant to the Board of Regents of the Nevada System of Higher Education, Reno, Nev., to prepare a master plan to guide development of the University of Nevada's Desert Research Institute's Dandini Research Park.

"The Economic Development Administration is pleased to partner with the Nevada System of Higher Education to boost business development and job growth," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA grant will help diversify the region's economy by establishing a research park that will grow and expand technology-based firms."

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.