News Listing

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $4.1 million in the state of Texas to make critical infrastructure improvements needed to support current and future business needs.

WASHINGTON – Today, the National Advisory Council on Innovation and Entrepreneurship (NACIE) released its “Competitiveness Through Entrepreneurship: A Strategy for U.S. Innovation” (PDF) report that includes 10 recommendations for how the U.S. Department of Commerce, the federal government, and the private sector can foster an entrepreneurship ecosystem that ensures the United States leads in critical technology innovation.

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.

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $3.3 million in the state of Louisiana to support business and green industry growth.

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 Sewerage District No. 1 of Iberia Parish, New Iberia, Louisiana, for wastewater infrastructure improvements to support business and research growth in the Acadiana region.

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the Port of Port Townsend, Washington, to support the acquisition of critical maritime infrastructure needed to expand port operations.

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Shoalwater Bay Indian Tribe, Tokeland, Washington, to prepare local infrastructure for natural disasters.

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $888,789 grant to the city of King Cove, Alaska, for critical infrastructure improvements needed to support the region’s fisheries industry.

WASHINGTON, DC — La Administración Biden-Harris, a través de la Administración de Desarrollo Económico (EDA) del Departamento de Comercio de los Estados Unidos, anunció hoy los 22 finalistas del Programa Piloto de Recompete (Volver a Competir) de Áreas en Dificultades. Recompete se dirige a los más afectados y económicamente más necesitados en áreas donde el empleo en la edad óptima (25-54 años) es significativamente menor que el promedio nacional, con el objetivo de cerrar esta brecha a través de inversiones flexibles impulsadas localmente. El Presidente Biden destacará el anuncio durante un viaje a Milwaukee, donde anunciará que una propuesta para revitalizar e invertir en el corredor industrial de la Calle 30 de Milwaukee fue seleccionada como finalista de Recompete.

WASHINGTON, DC — The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today will announce the 22 finalists of the Distressed Area Recompete Pilot Program (Recompete). Recompete targets the hardest-hit and most economically distressed areas where prime-age (25-54 years) employment is significantly lower than the national average, with the goal to close this gap through flexible, locally-driven investments. President Biden will highlight the announcement during a trip to Milwaukee, where he will announce that a proposal to revitalize and invest in Milwaukee’s 30th Street Industrial Corridor was selected as a Recompete Finalist.