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Contact: Public Affairs Department, (202) 482-4085
Monday, July 1, 2013
WASHINGTON — The U.S. Commerce Department’s Economic Development Administration (EDA) today announced $4.1 million in grants to support business development and job growth in North Carolina. The projects are expected to create 810 new jobs, and attract $172 million in private investment, according to grantee estimates.
“The Obama administration is committed to helping spur job growth in communities nationwide,” said U.S. Deputy Assistant Secretary of Commerce for Economic Development Matt Erskine. “The EDA investments announced today will provide North Carolina with critical transportation infrastructure, expanded business incubation services, and job training programs that will support the state’s future economic growth.”
The investments announced today include:
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.