A bureau within the U.S. Department of Commerce
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$1.4 million EDA Investment is Expanding Baltimore’s Food
Economy and Job Market. [Learn More]

EDA-funded roadway improvements at the Port of Hood River, Oregon allow local businesses to expand operations. [Learn More]

With support from EDA, The Idea Village, an independent nonprofit, has helped New Orleans become a magnet for entrepreneurial activity. [Learn More]

Breaking Down Silos to Foster Innovation [Learn More]

What is Economic Development?

Economic Development creates the conditions for economic growth and improved quality of life by expanding the capacity of individuals, firms, and communities to maximize the use of their talents and skills to support innovation, lower transaction costs, and responsibly produce and trade valuable goods and services.

Economic Development requires effective, collaborative institutions focused on advancing mutual gain for the public and the private sector. Economic Development is essential to ensuring our economic future.