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June 7, 2022

Assistant Secretary Alejandra Castillo Leads U.S. Department of Commerce Delegation to the Summit of the Americas

WASHINGTON – U.S. Secretary of Commerce Gina M. Raimondo designated Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo to lead the U.S. Department of Commerce delegation to the Organization of American States’ (OAS) Summit of the Americas. The ninth convening of the quadrennial Summit is occurring in Los Angeles from June 6-9, 2022.
  • Press Release
May 26, 2022

All EDA American Rescue Plan Programs Now Closed to Applications, Tremendous Demand for Full Spectrum of EDA Program Assistance Indicates Critical Local Need

As the United States continues to recover from the coronavirus pandemic, the $3 billion allocated to the Economic Development Administration (EDA) under President Biden’s American Recue Plan is allowing the bureau to make once-in-a-generation investments to dramatically transform America’s communities during this critical moment in our history.
  • Blog
  • American Rescue Plan
May 26, 2022

U.S. Secretary of Commerce Gina M. Raimondo Reestablishes the National Advisory Council on Innovation & Entrepreneurship (NACIE)

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced the appointment of 32 leaders and experts to the National Advisory Council on Innovation & Entrepreneurship (NACIE). NACIE will be charged with developing a National Entrepreneurship Strategy that strengthens America’s ability to compete and win as the world’s leading startup nation and as the world’s leading innovator in critical emerging technologies.
  • Press Release
  • National Advisory Council on Innovation & Entrepreneurship
May 24, 2022

U.S. Department of Commerce Invests $1.8 Million in American Rescue Plan Funds to Boost Capacity for Business Growth in Covington, Kentucky

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to the city of Covington, Kentucky, to support infrastructure design for the redevelopment of a vacant complex. This grant is funded by the American Rescue Plan.
  • Press Release
  • American Rescue Plan