April 2018
In This Issue
Spotlight: $587 Available in EDA Funds Available to Aid Communities Impacted by Natural Disasters in 2017 In April, Secretary Ross announced that EDA had published the FY18 Disaster Supplemental Notice of Funding Opportunity (NOFO) making $587 million available to eligible applicants in communities where a Presidential declaration of a major disaster was issued under the Stafford Act as a result of Hurricanes Harvey, Irma and Maria, wildfires and other natural disasters in 2017. EDA disaster grants will be made by its Regional Offices under the agency’s Economic Adjustment Assistance (EAA) Program, which enables EDA to make awards that support a wide range of construction and non-construction activities in areas which experience sudden, prolonged, and severe economic dislocation. Success Story: EDA’s Regional Innovation Strategies Program Working to Build and Scale High-tech, Innovative Businesses to Create Jobs and Strong Regional EconomiesLaunched in 2014, EDA’s Regional Innovation Strategies (RIS) Program is a national grant competition that has helped support and amplify the best organizations, practices, and resources local communities are using to help their entrepreneurs build and scale high-tech, innovative businesses in order to create new jobs and strong regional economies. EDA looks forward to launching the 2018 RIS competition in the near future. In the meantime, here are some examples of what RIS grantees across the nation are doing to create economic opportunity and jobs through innovation and entrepreneurship: Stories:
Click here to read the full article. Highlight: Wisconsin’s St. Croix Business Innovation Center Opens to Great Fanfare EDA DAS-RA Dennis Alvord (with scissors) helps to cut the ribbon to open the new facility.
On Thursday, April 12, the St. Croix Business Innovation Center in River Falls, Wisconsin, opened its doors for business following a grand opening ceremony attended by business, academic, and government leaders from throughout the region. EDA Deputy Assistant Secretary for Regional Affairs Dennis Alvord spoke at the event and was honored to cut the ribbon to open the impressive new facility in which EDA invested $1.4 million in Public Works Program funds to help build. |
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 2018 National Economic Development Week: May 7-12, 2018National Economic Development Week, #EconDevWeek, was created by the International Economic Development Council in 2016 in order to increase awareness of local programs that create jobs, advance career development opportunities and increase the quality of life. To find out more and to get a toolkit that can help your community stage a 2018 National Economic Development Week campaign visit IEDC’s Economic Development Week webpage today!  National Small Business WeekMore than half of Americans either own or work for a small business, and they create about two out of every three new jobs in the U.S. each year. As part of National Small Business Week (April 29 – May 5, 2018), the U.S. Small Business Administration is highlighting the impact of outstanding entrepreneurs, small business owners and others from all 50 states and U.S. territories. Every day, they’re working to grow small businesses, create 21st century jobs, drive innovation and increase America’s global competitiveness. Explore National Small Business Week.
EDA in the News!Innovation Center hosts grand opening 'We are standing in a 21st Century classroom,' HCC president says at opening of HCC MGM Culinary Arts Institute Tulia awarded $1.2 million grant to diversify economy across region Calhoun gets $1.5 million grant for auto tech facility Aviation veteran Workman to head RCBI’s aerospace training center EDA is proud of our grantees’ accomplishments! Read some of their successes stories and follow this link to submit your story:
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