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September 9, 2024

$50 Million ‘Build to Scale’ Funding Opportunity Aims to Boost Technology Entrepreneur Ecosystems Across the Nation

The U.S. Economic Development Administration is accepting applications for its FY24 $50 million Build to Scale program to support organizations that strengthen entrepreneurial ecosystems to support entrepreneurs as they build and scale technology-driven businesses—and the employees in the new, good jobs they create—to make and deliver new technology products and services.

September 6, 2024

EDA’s Recompete Program Provides the Impact Communities Need Most

In August 2024, EDA announced $184 million in grants for six awardees of the Distressed Area Recompete Pilot Program (Recompete). This announcement marked the culmination of the two-phase competition, which saw unprecedented interest in this much-anticipated jobs program.

August 28, 2024

Senior U.S. Department of Commerce Official Visits Birmingham Biotechnology Hub in Alabama

WASHINGTON, D.C. — Today, Cristina Killingsworth, Deputy Assistant Secretary for Policy, visited the Birmingham Biotechnology Hub in Alabama. The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), designated the Birmingham Biotechnology Hub, a coalition led by the Southern Research Institute, as a Regional Technology and Innovation Hub (Tech Hub) in October 2023.

August 28, 2024

Senior U.S. Department of Commerce Official Visits Baltimore Tech Hub in Maryland

WASHINGTON, D.C. — Today, Eric Smith, Director of the Tech Hubs Program, visited the Baltimore Tech Hub in Maryland. The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), designated the Baltimore Tech Hub, a coalition led by the Greater Baltimore Committee, as a Regional Technology and Innovation Hub (Tech Hub) in October 2023.

August 27, 2024

Senior U.S. Department of Commerce Official Visits Advanced Pharmaceutical Manufacturing Tech Hub in Virginia

WASHINGTON, D.C. — Today, Eric Smith, Director of the Tech Hubs Program, visited the Advanced Pharmaceutical Manufacturing Tech Hub (APM Tech Hub) in Virginia. The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), designated the APM Tech Hub, a coalition led by the Commonwealth Center for Advanced Manufacturing, as a Regional Technology and Innovation Hub (Tech Hub) in October 2023. 

August 27, 2024

U.S. Department of Commerce Invests $3 Million to Expand Workforce Training in Franklin County, Iowa

WASHINGTON, D.C. – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to North Iowa Area Community College in Mason City, Iowa, to expand workforce training in key industries.

August 27, 2024

U.S. Department of Commerce Invests $1.2 Million to Support Tourism and Business Growth in Cuero, Texas

WASHINGTON, D.C. – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Cuero Chamber of Commerce, Agriculture & Visitor’s Bureau in Cuero, Texas, to support tourism and business growth in the region.

August 21, 2024

U.S. Department of Commerce Invests $10.7 Million for Water Infrastructure Improvements to Support Job Growth in Hazard, Kentucky

WASHINGTON, D.C. – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $10.7 million for water infrastructure improvements needed to support job growth and economic resiliency in the region.

August 20, 2024

U.S. Department of Commerce Invests $13.5 Million for Water Infrastructure Improvements to Support Businesses Growth in Lake City, South Carolina

WASHINGTON, D.C. – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $13.5 million grant to the city of Lake City, South Carolina, for water infrastructure improvements needed to support local businesses.

August 20, 2024

U.S. Department of Commerce Invests $2.5 Million to Support Business Expansion and Industrial Growth in Milbank, South Dakota

WASHINGTON, D.C. – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the city of Milbank, South Dakota, to boot business growth in the region.