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U.S. Department of Commerce Invests $75,000 to Create Jobs, Strengthen Economy in Seattle, Washington

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $75,000 grant to the Central Puget Sound Economic Development District, Seattle, Wash., in collaboration with Washington's nine Economic Development Districts, to determine the feasibility of forming a statewide economic development association.

"The Economic Development Administration is pleased to partner with the Central Puget Sound Economic Development District to improve the regional economic climate," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA grant will

help determine the feasibility of establishing a statewide collaboration that would help plan and implement economic development projects designed to boost business development and job growth."

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 programs are helping distressed communities create a positive and sustainable economic future can be accessed at: http://www.eda.gov.