U.S. EDA Partners with Bullock County and Troy University to Advance Business and Job Growth in Alabama
September 3, 2010
Contact: John Atwood, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $14,700 grant to the Bullock County Development Authority of Union Springs and Troy University of Troy, Ala., to develop a comprehensive study to advance business growth in Bullock County.
"The Obama administration is committed to providing communities with the resources they need to foster job creation and business growth," said U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez. "The EDA-backed study will explore ways that the region can tap into strengths in its retail sector to attract new businesses and jobs."
"This study will capitalize on the region's competitive strengths, while identifying new initiatives that will support the development and growth of innovation in Bullock County," said Dr. Julian T. Cope, Executive Director of the Bullock County Development Authority.
This investment will support a collaborative effort between Bullock County and Troy University to develop a comprehensive strategy to advance business growth in Bullock County. This project will focus on the current retail trade in the area of the designated study area.
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.