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A bureau within the U.S. Department of Commerce


Press Release

U.S. Department of Commerce Invests $300,000 in the South East Texas Economic Development District of Beaumont, Texas

The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $300,000 grant to the South East Texas Economic Development District of Beaumont, Texas to boost their capacity to help communities and businesses recover economically from the impact of Hurricanes Gustav and Ike.

"The Economic Development Administration is pleased to partner with the South East Texas Economic Development District to improve the regional economic climate," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA grant will bolster the District's economic development planning program and allow them to provide additional assistance to communities and businesses impacted by the hurricanes."

EDA supports the economic development needs of distressed communities throughout the United States. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness and preparing American regions for growth and success in the worldwide economy.

Additional information on how EDA investments are helping distressed communities create a positive and sustainable economic future can be accessed at: http://www.eda.gov.