U.S. Department of Commerce Invests $100,000 to Create Jobs, Strengthen Economy in Yakima, Washington
December 28, 2009
Contact: Lindsey Pangretic, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $100,000 grant award to the Yakima County Development Association of Yakima, Wash., to boost entrepreneurial development in the region by providing support services and encouraging competition.
"Economic recovery and growth are top priorities for the Obama Administration," said U.S. Assistant Secretary of Commerce for Economic Development John Fernandez. "This EDA grant will advance innovation and entrepreneurship by providing internet-based educational services to small businesses and by conducting a Yakima regional business plan competition."
"These critical business services help establish new, innovative business in Yakima that will provide higher-skilled, higher-wage job opportunities for our citizens," said David McFadden, President of Yakima County Development Association.
EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster economic growth and job creation. 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 global 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.