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Blog Entries from Spril 2011

Highlight


U.S. Commerce Department leads U.S. Trade & Investment Program to HANNOVER MESSE 2011 U.S. Commerce Department leads U.S. Trade & Investment Program to HANNOVER MESSE 2011

This week, over 20 organizations from across America's regions are participating in the world's largest industrial technology showcase as part of a mission hosted by U.S. Department of Commerce's Economic Development Administration (EDA) and International Trade Administration (ITA). Deputy Assistant Secretary for Economic Development Brian McGowan is co-leading the trip to HANNOVER MESSE 2011 in Hannover, Germany along with ITA's Director of the Invest in America program Aaron Brickman to promote innovation clusters as ideal locations to do The 21 economic development organizations include:

  • The States of Georgia, Utah, Wisconsin, West Virginia, and the Commonwealth of Massachusetts
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Funding Opportunities


University Center Economic Development Program Competition

Last week, The U.S. Commerce Department's Economic Development Administration (EDA) announced its FY 2011 University Center Economic Development Program competition to promote bottom-up regional strategies that help foster business expansion and job creation in EDA's Chicago and Philadelphia regions.

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Feature Article


EDA Supports Brownfields Development EDA Supports Brownfields Development

EDA is authorized to provide broad-spectrum support for brownfields site assessment, market feasibility studies, incidental remediation, such as lead and asbestos abatement, and site redevelopment and reuse that furthers economic growth. EDA typically focuses on the reuse of brownfields. EDA encourages market-driven brownfields reuse to return non-productive, blighted, and formerly contaminated real estate to local tax rolls and foster capital reinvestment that creates jobs at higher skill and wage levels.

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Updates


To provide increased efficiency, transparency, and competitiveness in its application selection process, EDA recently revised its grants process by moving from a system of rolling application acceptance to one of quarterly funding competitions.

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