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July 2, 2024

Biden-Harris Administration Announces Next Funding Round of $504 Million for 12 Tech Hubs Across America

WASHINGTON, DC — The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), announced another funding round of approximately $504 million in implementation grants to 12 Tech Hubs to scale up the production of critical technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness and national security, and accelerate the growth of industries of the future in regions across the United States.
  • Press Release
  • Tech Hubs
July 1, 2024

Interweaving Equity

Through the Economic Development Administration’s (EDA) Build Back Better Regional Challenge (BBBRC), President Biden’s American Rescue Plan invested $1 billion in 21 coalitions to advance economic strategies across 24 states. These once-in-a-generation awards facilitated a new approach to place-based economic development, helping rebuild the economic infrastructures of underserved American communities grappling with decades of disinvestment.
  • Blog
June 25, 2024

U.S. Department of Commerce Invests $2.5 Million to Support Disaster Recovery Planning in Connecticut

WASHINGTON – 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 Mashantucket Pequot Tribal Nation in Mashantucket, Connecticut, to develop a comprehensive feasibility study for the Mashantucket Pequot Reshoring Essential Medicine Manufacturing (REMIND) effort.
  • Press Release
  • Disaster Recovery