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U.S. Department of Commerce Invests $350,000 to Create Jobs, Strengthen Economy in Tulsa, Oklahoma

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $350,000 grant to the Indian Nations Council of Governments in Tulsa, Okla., to help create a long-term industry plan to aid economic growth for the five-county region devastated by natural disasters in 2008.

"The Economic Development Administration is pleased to partner with the Indian Nations Council of Governments to boost business development and job growth," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA investment will not only improve the economic prospects in the region, but will also help the region become disaster resilient by restoring and expanding the local economy and connecting partners for more efficient communication in the event of a crisis."

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.