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February 27, 2024

U.S. Department of Commerce Invests $2 Million to Support Business Growth in Lubbock, Texas

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Lubbock Reese Redevelopment Authority in Lubbock, Texas, for infrastructure improvements to support future business growth in a new business park.
  • Press Release
  • Disaster Recovery
February 6, 2024

U.S. Department of Commerce Invests $7 Million to Support Healthcare Workforce Training and Business Growth Efforts in Arkansas

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $7 million in the state of Arkansas. These investments will support healthcare workforce development and critical infrastructure improvements to support current and future business needs.
  • Press Release
  • Disaster Recovery
December 21, 2021

U.S. Secretary of Commerce Gina Raimondo Announces $5 Million in Economic Development Administration American Rescue Plan Funding to Support Territory-wide Economic Development Planning

WASHINGTON – U.S. Secretary of Commerce Gina M. Raimondo today announced that the Department’s Economic Development Administration (EDA) is awarding American Rescue Plan statewide planning grants to five territories to support territory-wide economic development planning efforts.
  • Press Release
  • American Rescue Plan
December 13, 2021

U.S. Secretary of Commerce Gina M. Raimondo Announces Finalists for $1 Billion “Build Back Better Regional Challenge"

WASHINGTON - U.S. Secretary of Commerce Gina M. Raimondo today announced the 60 finalists for the U.S. Economic Development Administration’s (EDA) $1 billion “Build Back Better Regional Challenge” – the marquee of EDA’s American Rescue Plan programs – that aims to boost economic pandemic recovery and rebuild American communities, including some that have been grappling with decades of disinvestment. The Build Back Better Regional Challenge provides transformative investments – up to $100 million per grantee – to develop and strengthen regional industry clusters across the country, all while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.
  • Press Release
  • American Rescue Plan