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February 8, 2024

EDA and Purdue University Partner to Redefine Industry Clusters

Through transformational investments like the regional Tech Hubs initiative and Build Back Better Regional Challenge, the U.S. Economic Development Administration (EDA) has centered the creation and curation of regional industry clusters at the forefront of the nation’s economic development agenda. When strategically placed and properly supported, industry clusters can be effective in steering the direction and development of local economies.  
  • Blog
February 6, 2024

U.S. Department of Commerce Invests $7 Million to Support Healthcare Workforce Training and Business Growth Efforts in Arkansas

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $7 million in the state of Arkansas. These investments will support healthcare workforce development and critical infrastructure improvements to support current and future business needs.
  • Press Release
  • Disaster Recovery
January 22, 2024

EDA and Civic Roundtable Collaborate on UC Hub

For nearly 45 years, the Economic Development Administration’s (EDA) University Center program has empowered leading colleges and universities to become champions of regional economic ecosystems. These centers provide small businesses and local governments with research-informed technical assistance leading to job creation, business expansion, and the development of highly-skilled talent pools.
  • Blog
December 20, 2023

Administración Biden-Harris Anuncia 22 finalistas del Programa Piloto Recompete (Volver a Competir)

WASHINGTON, DC — La Administración Biden-Harris, a través de la Administración de Desarrollo Económico (EDA) del Departamento de Comercio de los Estados Unidos, anunció hoy los 22 finalistas del Programa Piloto de Recompete (Volver a Competir) de Áreas en Dificultades. Recompete se dirige a los más afectados y económicamente más necesitados en áreas donde el empleo en la edad óptima (25-54 años) es significativamente menor que el promedio nacional, con el objetivo de cerrar esta brecha a través de inversiones flexibles impulsadas localmente. El Presidente Biden destacará el anuncio durante un viaje a Milwaukee, donde anunciará que una propuesta para revitalizar e invertir en el corredor industrial de la Calle 30 de Milwaukee fue seleccionada como finalista de Recompete.
  • Press Release
  • Recompete
December 20, 2023

Biden-Harris Administration Announces 22 Recompete Pilot Program Finalists

WASHINGTON, DC — The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today will announce the 22 finalists of the Distressed Area Recompete Pilot Program (Recompete). Recompete targets the hardest-hit and most economically distressed areas where prime-age (25-54 years) employment is significantly lower than the national average, with the goal to close this gap through flexible, locally-driven investments. President Biden will highlight the announcement during a trip to Milwaukee, where he will announce that a proposal to revitalize and invest in Milwaukee’s 30th Street Industrial Corridor was selected as a Recompete Finalist.
  • Press Release
  • Recompete