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June 13, 2023

U.S. Department of Commerce Invests $1 Million to Support Aerospace Manufacturing Business Growth in Luling, Texas

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the city of Luling, Texas, to support business growth and job creation through infrastructure improvements at the city’s industrial park.

June 12, 2023

A Look at the Recompete Pilot Program Fact Sheet: What you need to know to get ready to apply for Recompete

The Department of Commerce’s Recompete Pilot Program is an infusion of opportunity into communities across the country. This initiative will invest $200 million toward interventions that spur economic activity in geographically diverse and persistently distressed areas.

June 6, 2023

U.S. Department of Commerce Invests $1.7 Million to Expand Truck Driver Workforce Training Efforts in North Carolina

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to Guilford Technical Community College, Jamestown, North Carolina, to construct a truck driver training facility on the college’s East Greensboro campus.

June 2, 2023

EDA Fuels the Coal & Energy Communities that Power American Growth

Throughout its more than 50-year history, the U.S. Economic Development Administration (EDA) has invested in coal and energy communities across the United States through a variety of funding opportunities. One of EDA’s seven Investment Priorities, Recovery & Resilience, is one way in which EDA remains focused on communities that are looking to recover from economic shocks, such as power plant closures or the decline of a major industry in the region, and to build resilient and diverse economies.

June 1, 2023

$50 Million Build to Scale (B2S) Program Funding Opportunity Launched to Support Innovators, Entrepreneurs, and Startups Through Regional Technology-Based Economic Development Strategies

EDA is now accepting applications for its $50 million Build to Scale (B2S) program to support projects that strengthen equitable ecosystems and increase access to capital for innovators, entrepreneurs, and startups. The program strengthens regional economies by supporting scalable startups, as well as helps communities and regions grow technology-driven businesses; create high-skill, high-wage jobs; and build the industries of the future.

May 25, 2023

U.S. Department of Commerce Invests $2.4 Million for Building Renovations to Support Remote Air Traffic Control Academy in Selma, Alabama

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the Craig Field Airport & Industrial Authority in Selma, Alabama, for building renovations needed to support the remote air traffic control academy at Craig Field.

May 24, 2023

Remembering Candace Waterman

EDA remembers Candace Waterman, a champion for women in business and economic opportunity for all.

May 22, 2023

BLOG | EDA Celebrates Asian American and Native Hawaiian/Pacific Islander (AANHPI) Heritage Month

This month, the Economic Development Administration (EDA) joins other Department of Commerce bureaus in observing Asian American and Native Hawaiian/Pacific Islander (AANHPI) Heritage Month.

May 18, 2023

EDA Conducts Tribal Economic Development Workshop at NADO 2023

In April, economic development experts from across the country gathered in Denver, Colorado, for the 2023 National Association of Development Organizations (NADO) economic summit. The three-day event included presentations from Governor Jared Polis and Assistant Secretary of Commerce for Economic Development Alejandra Castillo. It offered attendees a series of specific workshops, including one for Indigenous communities.

May 12, 2023

Biden-Harris Administration Launches First Tech Hubs Funding Opportunity

WASHINGTON, DC — The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today launched the Regional Technology and Innovation Hubs (Tech Hubs) competition. This program will create tech hubs in regions across the country by bringing together industry, higher education institutions, state and local governments, economic development organizations, and labor and workforce partners to supercharge ecosystems of innovation for technologies that are essential to our economic and national security. The program was authorized by the CHIPS and Science Act and is a key part of President Joe Biden’s Investing in America agenda, stimulating private sector investment, creating good-paying jobs, revitalizing American manufacturing, and ensuring no community is left behind by America’s economic progress.