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A bureau within the U.S. Department of Commerce


Press Release

Northwest Colorado Region Job Creation Strategy Gets Boost from Commerce Department

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $35,000 grant to the Northwest Colorado Council of Governments of Silverthorne, Colo., to help develop a comprehensive economic development strategy (CEDS) for the organization's five-county service area.

"Economic recovery and growth are top priorities for the Obama Administration," said U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez. "This EDA grant will develop a strategy to guide northwest Colorado as they work to advance regional competitiveness, spur innovation and entrepreneurship, create higher-skill, living-wage jobs and promote industry clusters."

"This important EDA funding will allow the Northwest Colorado Council of Governments to assist with economic diversification and cultivate a favorable entrepreneurial environment during this economic recession," said Rachel Lunney, Research Project Manager, Northwest Colorado Council of Governments.

About the U.S. Economic Development Administration (www.eda.gov): This year, the U.S. Economic Development Administration (EDA) marks 45 years of public service, with a mission of leading the federal economic development agenda by promoting competitiveness and preparing American regions for growth and success in the worldwide economy. EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster job creation, collaboration and innovation.