News Listing

WASHINGTON – Today, President Biden will announce H2theFuture as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $50 million in grants to H2theFuture, led by the Greater New Orleans Development Foundation, to boost the clean energy sector in New Orleans.

WASHINGTON – Today, President Biden will announce the Fresno-Merced Future of Food Innovation (F3) Coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $65.1 million in grants to the Fresno-Merced Future of Food Innovation (F3) Coalition, led by the Central Valley Community Foundation, to drive agriculture innovation in California’s Central Valley.

WASHINGTON – Today, President Biden will announce the Georgia AI Manufacturing (GA-AIM) coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $65 million in grants to GA-AIM, led by the Georgia Tech Research Corporation, to accelerate integration of artificial intelligence (AI) technologies in industry.

WASHINGTON – Today, President Biden will announce the New Energy New York coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $63.7 million in grants to the New Energy New York coalition, led by The State University of New York (SUNY) at Binghamton, to accelerate battery technology innovation in New York.

WASHINGTON – Today, President Biden will announce the Appalachian Climate Technology (ACT Now) coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $62.8 million in grants to ACT Now, led by Coalfield Development Corporation, to create a hub of clean energy and green economy jobs. 

WASHINGTON – Today, President Biden will announce the Southwestern Pennsylvania New Economy Collaborative as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $62.7 million in grants to the Southwestern Pennsylvania New Economy Collaborative to supercharge the region’s globally recognized robotics and autonomy cluster.

WASHINGTON – Today, President Biden will announce the Virginia Advanced Pharma Manufacturing (APM) and R&D Cluster as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $52.9 million in grants to the Virginia Advanced Pharma Manufacturing (APM) and R&D Cluster, led by the Virginia Biotechnology Research Partnership Authority (Activation Capital), to boost Virginia’s pharmaceutical industry.

WASHINGTON – Today, President Biden will announce the Alaska Mariculture Cluster as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $49 million in grants to the Alaska Mariculture Cluster, led by the Southeast Conference, to catalyze a sustainable mariculture industry in Alaska.

WASHINGTON – Today, President Biden will announce the Mountain | Plains Regional Native CDFI Coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $45 million in grants to the Mountain | Plains Regional Native CDFI Coalition, led by the Four Bands Community Fund, to  grow the Indigenous finance sector and expand economic opportunity in Native American communities in Montana, North Dakota, South Dakota and Wyoming.

WASHINGTON – Today, President Biden will announce the Global Epicenter of Mobility Coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $52.2 million in grants to the Global Epicenter of Mobility Coalition, led by the Detroit Regional Partnership Foundation, to transform the Detroit area’s legacy automotive industry into a highly competitive advanced mobility cluster.