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U.S. Department of Commerce Invests $200,000 to Create Jobs, Strengthen Economy in Brunswick, Maine

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $200,000 grant to the Midcoast Regional Redevelopment Authority of Brunswick, Maine to develop a feasibility study on establishing an alternative, renewable energy research park on the grounds of the Brunswick Naval Air Station, which is set to close in 2011.

"The Economic Development Administration is pleased to partner with the Midcoast Regional Redevelopment Authority to improve the regional economic climate," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA grant will advance collaboration in the renewable energy sources sector and help build a renewable energy technology cluster in Midcoast Maine."

EDA is an agency within the U.S. Commerce Department and 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.