U.S. Commerce Department Invests $2.5 Million to Boost Business Development and Job Growth in New York
September 14, 2011
Contact: John Atwood, (202) 482-4085
WASHINGTON - Acting U.S. Secretary of Commerce Rebecca Blank today announced more than $2.5 million in U.S. Economic Development Administration (EDA) grants to boost business development and job growth in New York.
"The Commerce Department and the Obama administration are working diligently to bring jobs and economic growth to local communities," Blank said. "These EDA investments will foster business development and job creation across New York by providing the critical infrastructure and technical assistance that local businesses need to grow."
The investments announced today include:
About the U.S. Economic Development Administration (www.eda.gov):
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation and accelerate long-term sustainable economic growth.