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October 26, 2021

U.S. Economic Development Administration Investments Help Communities Across the Nation Boost Manufacturing Capacity

Manufacturing is an important component of the United States economy and one of the Economic Development Administration (EDA)’s top investment priorities. EDA is proud to support community-led manufacturing strategies throughout the country through strategic investments. Over the past five years, EDA has invested more than $930 million in more than 700 projects that support manufacturing.
  • Blog
September 8, 2021

National Advisory Council on Innovation and Entrepreneurship (NACIE) Seeking Applicants

The U.S. Department of Commerce is seeking applicants for the National Advisory Council on Innovation and Entrepreneurship (NACIE). NACIE advises the U.S. Secretary of Commerce on how the federal government can best accelerate innovation and catalyze technology entrepreneurship to grow economic prosperity equitably. The deadline to apply is 5:00 p.m. Eastern Daylight Time (EDT) on October 25, 2021.
  • Blog
September 2, 2021

Assistant Secretary Alejandra Castillo Delivers Keynote Address to Southwest Region Economic Development Association 2021 Annual Conference; Star of the Southwest Awardees Recognized

U.S. Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo today delivered virtually the keynote address to the Southwest Region Economic Development Association (SWREDA) 2021 annual conference. Held from September 1-3, 2021 in Rogers, Arkansas, the theme of the 2021 annual conference is Collaboration: The Key to Resilience.
  • Blog
August 1, 2021

Americas Competitive Exchange (ACE) Brings Global Leaders to Colorado

America’s Competitiveness Exchange (ACE) Colorado, held August 1-6, 2021, brought together more than 40 global leaders representing 11 countries and multiple international organizations to share economic development best practices and explore opportunities for partnerships.
  • Blog
July 20, 2021

EDA Enlists ILSR and Recast City to Help Maximize Efficiency of Revolving Loan Funds

The 2020 CARES Act catalyzed a major expansion of the Economic Development Administration’s (EDA) successful Revolving Loan Fund (RLF) program. Prior to the onset of the pandemic, EDA’s RLF portfolio boasted a combined capital base of nearly $900 million. The infusion of CARES Act recovery assistance helped grow the portfolio to over $1.5 billion.
  • Blog