News Listing

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is investing $3.2 million in the state of North Carolina to make critical infrastructure improvements needed to support current and future business needs.

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.4 million grant to the Economic Development Alliance of St. Clair County, Port Huron, Michigan, to construct an 11,000-square-foot building for use as a small business incubator that will support emerging and second-stage businesses in the state’s I-69 Thumb Region. This EDA grant, to be matched with $743,421 in local funds and $101,680 in state funds, is expected to help create 125 jobs and generate $2 million in private investment.

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million grant to the Susquehanna Area Regional Airport Authority, Middletown, Pennsylvania, to make roadway access improvements needed to support an expansion project at the Harrisburg International Airport, promoting job creation and economic growth. This EDA grant, to be matched with $937,750 in local funds, is expected to create 354 jobs, retain 458 jobs and generate $8.4 million in private investment.

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $19.6 million grant to the Department of Finance of the Commonwealth of the Northern Mariana Islands to fund construction of disaster-resilient infrastructure needed to ensure continuity of government operations and support business growth. The EDA grant is expected to create 1,500 jobs.

On July 22, 2021, U.S. Secretary of Commerce Gina M. Raimondo announced the implementation of a series of programs to equitably invest $3 billion that the Economic Development Administration (EDA) received under President Biden’s American Rescue Plan Act to help communities across the country build back better.

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $644,045 CARES Act Recovery Assistance grant to the University of South Alabama in Mobile, to renovate the Laboratory for Additive Manufacturing, creating a cyber research hub and supporting workforce development efforts. This EDA grant will be matched with $161,011 in local investment.

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $915,120 CARES Act Recovery Assistance grant to the Nevada System of Higher Education, Las Vegas, Nevada, to support the post-pandemic revitalization of Nevada’s travel and tourism sectors. This EDA grant, to be matched with $228,780 in local investment, is expected to create 13 jobs and retain 120 jobs.

HUNTINGTON, W.VA. – Today, U.S. Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo announced that the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $2.65 million in grants to support business development and workforce training efforts in West Virginia.

WASHINGTON – Today, Alejandra Y. Castillo was sworn in as U.S. Assistant Secretary of Commerce for Economic Development by Secretary of Commerce Gina Raimondo. The action follows the August 11, unanimous U.S. Senate vote to confirm Castillo as the new administrator of the U.S. Economic Development Administration (EDA).

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the county of Bernalillo, New Mexico, to build fiber optic infrastructure to support business expansion. This EDA grant, to be matched with $303,147 in local funds, is expected to create 2,400 jobs and generate $190 million in private investment.