Press Release

U.S. Department of Commerce Invests $140,000 in the University of Nevada, Reno, Nevada to Create Jobs, Strengthen Regional Economy

September 18, 2009
Contact: Bryan Borlik, (202) 482-4085

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $140,000 grant to the University of Nevada, Reno, Nev., 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 U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez. "The Department of Commerce is pleased to work with the University of Nevada to improve the business climate and standard of living in the region."

EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster economic growth and job creation. 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 global 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.