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August 2, 2024

The Summer of Tech Hubs: Innovative Capital Summit and Great American Tech Hubs Road Show

For the first time since EDA designated 31 Tech Hubs as places with the capacity and potential to become globally competitive in critical technologies in October 2023, leadership from the Hubs came from all across the country to gather in Washington, D.C., for the Innovative Capital Summit on July 22-23, 2024.

August 1, 2024

Cristina Killingsworth, Deputy Assistant Secretary for Policy, to Visit Vermont Gallium Nitride Tech Hub in Burlington, Vermont

WASHINGTON, D.C. — Today, the Department of Commerce announced Cristina Killingsworth will visit the Vermont Gallium Nitride Tech Hub in Burlington, Vermont. The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), designated the Vermont Gallium Nitride Tech Hub, led by the University of Vermont, as a Regional Technology and Innovation Hub (Tech Hubs) in October 2023.

August 1, 2024

U.S. Department of Commerce Invests $4 Million for Wastewater Infrastructure Improvements to Support Job Creation in Independence, Oregon

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the city of Independence, Oregon, for wastewater infrastructure improvements to support job creation in the region.

August 1, 2024

U.S. Department of Commerce Invests $3.7 Million to Support Emergency Preparedness and Disaster Resiliency in New Mexico

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $3.7 million in the state of New Mexico to support emergency preparedness and disaster resiliency.

August 1, 2024

U.S. Department of Commerce Invests $3.1 Million to Bolster Mariculture Workforce Development on the Kenai Peninsula, Alaska

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to the Chugach Regional Resources Commission in Anchorage, Alaska, to bolster workforce development in the Kenai Peninsula’s mariculture sector.

July 30, 2024

Study Confirms EDA Construction Investments Build Stronger Communities

EDA commissioned the Urban Institute to conduct an independent analysis on how EDA investments contribute to economic growth. Their newest report, “Local Impacts of Economic Development Administration Construction Investments,” examines economic development outcomes in areas that received EDA grant awards since 2010. It finds that, during the five-year period ending in 2015, EDA construction projects represent remarkable return-on-investment for American taxpayers.

July 29, 2024

Eric Smith, Tech Hubs Director, to Visit Texoma Semiconductor Tech Hub in Texas

WASHINGTON, D.C. — Today, Tech Hubs Director Eric Smith will visit Texas to meet with representatives of the Texoma Semiconductor Tech Hub, which serves both Oklahoma and Texas. The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), designated the Texoma Semiconductor Tech Hub, led by Southern Methodist University, as a Regional Technology and Innovation Hub (Tech Hubs) in October 2023.

July 29, 2024

U.S. Department of Commerce Announces New $25 Million Good Jobs Challenge Notice of Funding Opportunity

WASHINGTON, DC – The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today launches a new phase of funding for the Good Jobs Challenge. This funding opportunity builds on the success of the first round of the Good Jobs Challenge awards, funded by the American Rescue Plan, and this round will invest $25 million into high-quality, locally-led workforce training programs that lead to good jobs.

July 26, 2024

Senior Department of Commerce Official to Visit Pacific Northwest Mass Timber Tech Hub in Oregon

WASHINGTON, D.C. — Today, Deputy Assistant Secretary Cristina Killingsworth will visit the Pacific Northwest Mass Timber Tech Hub, serving Oregon and Washington. The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), designated the Pacific Northwest Mass Timber Tech Hub, led by Oregon State University, as a Regional Technology and Innovation Hub (Tech Hub) in October 2023.

July 26, 2024

Senior Department of Commerce Official to Visit Corvallis Microfluidics Tech Hub in Oregon

WASHINGTON, D.C. — Today, Deputy Assistant Secretary Cristina Killingsworth will visit the Corvalis Microfluidics Tech Hub, serving Oregon. The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), designated the Corvalis Microfluidics Tech Hub, led by Oregon State University, as a Regional Technology and Innovation Hub (Tech Hub) in October 2023.