U.S. Department of Commerce Invests $20,000 to Create Jobs, Strengthen Economy in Shelby, Montana Region
May 15, 2009
Contact: Bryan Borlik, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $20,000 grant to the city of Shelby, Mont., to develop a comprehensive capital improvements plan that will help the community plan infrastructure projects needed to encourage business expansion and attraction.
"The Economic Development Administration is pleased to partner with city of Shelby to improve the regional economic climate," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA grant will provide the planning tools need to help the city best capitalize on economic opportunities as they undertake development of their infrastructure."
EDA serves as a venture capital resource to meet the economic development needs of distressed communities throughout the United States. EDA's mission is to lead the federal economic development agenda by promoting innovation and competitiveness, 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.