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February 4, 2021

U.S. Department of Commerce Invests $1.5 million in CARES Act Recovery Assistance to Establish a Revolving Loan Fund to Serve Businesses Across Delaware

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to...

February 4, 2021

U.S. Department of Commerce Invests $1.1 Million to Protect Businesses from Flooding in Dayton, Ohio

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.1 million grant to the Miami Conservancy District...

February 4, 2021

U.S. Department of Commerce Invests $1 Million in CARES Act Recovery Assistance to Capitalize Revolving Loan Fund to Serve Businesses Across Hawaii

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to the...

February 1, 2021

Rutgers University Center for Urban Entrepreneurship and Economic Development Focuses on Inclusion in the Innovation Sector

The Center for Urban Entrepreneurship and Economic Development (CUEED) at Rutgers Business School is working to make inclusion in the innovation sector a focal point. CUEED is driven by recent studies with some sobering statistics, including that fact that less than 1 percent of all high-growth technology startups are led by Black or Latinx entrepreneurs. Minority-owned businesses are also 34.7 percent less likely to receive an investment from the $48 billion VC industry.

February 1, 2021

EDA CARES Act Funding to Detroit Revolving Loan Fund Supports School for Aspiring Beauticians

Before the coronavirus pandemic, about 80 aspiring beauticians attended classes at Dymond Designs Beauty School in downtown Detroit to learn about cosmetology, esthetics, manicuring, and natural hair cultivation.

December 18, 2020

Year in Review: EDA's Five Most Popular Stories of 2020

The following press releases, blogs, success stories and webinars generated the most attention on EDA’s website in 2020 and encompass our mission to create conditions for economic growth and opportunity for all Americans.

November 19, 2020

National Association of Counties Community Economic and Workforce Development Policy Steering Committee - Subcommittee Meetings

Dennis Alvord, Deputy Assistant Secretary for Economic Development and Chief Operating Officer
The Alliance for Regional Development/Federal
Reserve Bank of Chicago
2020 Summit on Regional Competitiveness
‘A New Decade: Disruption, Driving Innovation, and Embracing Economic Change’
Thursday, November 19, 2020 – 11:30am/EST (Virtual)

November 18, 2020

Spotlight on Commerce: Andrew Fiddes, Attorney Advisor, Disaster Recovery Program, Office of Chief Counsel, U.S. Economic Development Administration

Andrew Fiddes (foreground) serving at Incident Command Post San Juan in the immediate aftermath of the devastating impacts of Hurricane Maria, is seen coordinating the initiation of the inflow of relief supplies in coordination with FEMA and Army/Navy elements.

November 1, 2020

Highlight: Honoring EDA Employee Military Contributions: Andrew Fiddes, Attorney Advisor for the Disaster Recovery Program

November 1, 2020