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June 7, 2022

U.S. Department of Commerce Invests $2.6 Million in American Rescue Plan Funds for Trailway Expansion to Boost Tourism in Southbridge, Massachusetts

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Southbridge, Massachusetts, for construction of the Quinebau Valley Rail Trail. This grant is funded by the American Rescue Plan.
  • Press Release
  • American Rescue Plan
June 7, 2022

U.S. Department of Commerce Invests $3.2 Million to Capitalize Revolving Loan Fund to Serve Small Businesses in Southern Kentucky

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to Purchase Area Development District (Purchase ADD), Mayfield, Kentucky, to capitalize and administer a revolving loan fund to serve businesses in Graves, Ballard, Calloway, Carlisle, Fulton, Hickman, McCracken and Marshall counties.
  • Press Release
June 7, 2022

U.S. Department of Commerce Invests $3.7 Million in American Rescue Plan Funds for Park Development to Support Tourism in Memphis, Tennessee

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.7 million grant to the Riverfront Development Corporation, Memphis, Tennessee, for construction of the Tailout Trail, a new canopy boardwalk along the Mississippi River. This grant is funded by the American Rescue Plan.
  • Press Release
  • American Rescue Plan
June 7, 2022

U.S. Department of Commerce Invests $3.9 Million in American Rescue Plan Funds to Develop a Recovery Innovation Coordination and Center of Excellence in San Juan, Puerto Rico

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.9 million grant to the Instituto de Formación Democrática, San Juan, Puerto Rico, to support a recovery coordinator position and related staff to develop the framework for establishing the new Recovery Innovation Coordination and Center of Excellence. This grant is funded by the American Rescue Plan.
  • Press Release
  • American Rescue Plan
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

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