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June 7, 2022

U.S. Department of Commerce Invests $3.7 Million in American Rescue Plan Funds for Park Development to Support Tourism in Memphis, Tennessee

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.7 million grant to the Riverfront Development Corporation, Memphis, Tennessee, for construction of the Tailout Trail, a new canopy boardwalk along the Mississippi River. This grant is funded by the American Rescue Plan.
  • Press Release
  • American Rescue Plan
June 7, 2022

U.S. Department of Commerce Invests $3.9 Million in American Rescue Plan Funds to Develop a Recovery Innovation Coordination and Center of Excellence in San Juan, Puerto Rico

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.9 million grant to the Instituto de Formación Democrática, San Juan, Puerto Rico, to support a recovery coordinator position and related staff to develop the framework for establishing the new Recovery Innovation Coordination and Center of Excellence. This grant is funded by the American Rescue Plan.
  • Press Release
  • American Rescue Plan
June 7, 2022

Assistant Secretary Alejandra Castillo Leads U.S. Department of Commerce Delegation to the Summit of the Americas

WASHINGTON – U.S. Secretary of Commerce Gina M. Raimondo designated Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo to lead the U.S. Department of Commerce delegation to the Organization of American States’ (OAS) Summit of the Americas. The ninth convening of the quadrennial Summit is occurring in Los Angeles from June 6-9, 2022.
  • Press Release
May 26, 2022

All EDA American Rescue Plan Programs Now Closed to Applications, Tremendous Demand for Full Spectrum of EDA Program Assistance Indicates Critical Local Need

As the United States continues to recover from the coronavirus pandemic, the $3 billion allocated to the Economic Development Administration (EDA) under President Biden’s American Recue Plan is allowing the bureau to make once-in-a-generation investments to dramatically transform America’s communities during this critical moment in our history.
  • Blog
  • American Rescue Plan
May 26, 2022

U.S. Secretary of Commerce Gina M. Raimondo Reestablishes the National Advisory Council on Innovation & Entrepreneurship (NACIE)

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced the appointment of 32 leaders and experts to the National Advisory Council on Innovation & Entrepreneurship (NACIE). NACIE will be charged with developing a National Entrepreneurship Strategy that strengthens America’s ability to compete and win as the world’s leading startup nation and as the world’s leading innovator in critical emerging technologies.
  • Press Release
  • National Advisory Council on Innovation & Entrepreneurship