News Listing

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.

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA), in coordination with the U.S. Department of State and the Organization of American States (OAS), announced that 50-60 senior-level government, business, policy and economic leaders from 22 countries will participate in the 16th Americas Competitiveness Exchange (ACE) in the greater Seattle, Washington, region May 14-19, 2023. ACE is the premier economic development, innovation, and entrepreneurial network of the Americas and is one of the leading high-level events of the OAS that is coordinated with the federal government via the U.S. Department of State and the U.S. Department of Commerce.

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $729,560 grant to Vivian’s Door, Mobile, Alabama, to provide technical assistance to minority-owned and distressed local businesses.

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Lexington, North Carolina, for infrastructure improvements to support business expansion and job creation.

This week, we celebrate National Small Business Week, first started in 1963 by President John F. Kennedy. Administered by our Federal partner the U.S. Small Business Administration, this tradition recognizes the critical contributions of America’s small business owners while also promoting and encouraging new entrepreneurship opportunities and resources.

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $4.3 million in the state of Arkansas to make critical infrastructure improvements needed to support business growth and workforce development.

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to the Alabama-Tombigbee Regional Commission, Camden, Alabama, to promote economic recovery and resiliency in Dallas County, Alabama, following a series of natural disasters.

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.6 million grant to Georgetown County, South Carolina, for infrastructure improvements to support business growth and job creation.

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the Fort Mojave Aha Macav Power Service, Mojave, Arizona, to develop a new source of clean and renewable energy for the Fort Mojave Reservation through the construction of a 2.3 megawatt solar power system.