Commerce Department to Bolster Effort to Redevelop the Montana ExpoPark to Create Local Jobs
April 5, 2010
Contact: John Atwood, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $50,000 grant to Cascade County, Mont., to develop a market assessment and redevelopment study for the Montana ExpoPark.
"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 help Cascade County gauge the potential for attracting private partnerships that could help increase the economic viability of the ExpoPark and its ability to create jobs."
"This important EDA funding will allow Cascade County to continue to partner with other entities and private investors to create a truly unique and innovative facility that could bolster economic diversification efforts," said Carol Benoit, County Grants Administrator, Cascade County.
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.