News Listing

Recent research in the high tech entrepreneurship world finds companies that are most inclusive of women in top governing positions traditionally outperform other companies with less diversity, demonstrating 35% higher return on equity and 34% better total returns. Yet, only 2.19% of total global venture dollars are going to female-founded startups, despite the workforce being comprised of 50% female, and 36% of small businesses (PDF) being owned by females.

During National Entrepreneurship Month, as we celebrate the dynamic startups and entrepreneurs all over our nation that are building innovative businesses and making America more competitive with new jobs, cutting edge technology, and stronger regional economies, we pause to reflect on our flagship platform for innovation and entrepreneurship, the Regional Innovation Strategies (RIS) program.

A November 14, celebration attended by EDA Deputy Assistant Secretary for Regional Affairs Dennis Alvord, Maryland Department of Housing and Community Development Secretary Kenneth Holt and Baltimore Mayor Catherine Pugh, heralded the grand opening of the Baltimore Food Enterprise Center (BFEC).

As an attorney at the U.S. Economic Development Administration, I get to have a direct and positive impact on communities throughout the United States. By making strategic investments to support innovation, entrepreneurs, new infrastructure and workforce training programs, EDA helps strengthen local economies across America every day.

On Manufacturing Day, October 6, 2017, EDA Deputy Assistant Secretary for Regional Affairs (DAS-RA) Dennis Alvord joined Missouri Governor Eric Greitens and St. Louis Mayor Lyda Krewson to break ground on Ranken Technical College’s new Manufacturing Inc., incubator facility.

Manufacturing is a critical economic sector where workers develop and use the latest technology and build lasting, meaningful careers.

On October 2, U.S. Secretary of Commerce Wilbur Ross released the Streamlining Permitting and Regulatory Burdens for American Manufacturers report that was submitted to President Donald Trump.

When devastating events wreak havoc on lives and communities, EDA has been there to aid those affected by a disaster.

Members of FEMA's Urban Search and Rescue Nebraska Task Force One (NE TF1) perform one of many water rescues in the aftermath of Hurricane Harvey.
Our thoughts and prayers are with the people and families so deeply impacted by Hurricanes Harvey and Irma.

EDA joined federal, state and non-profit partners at the Louisiana Resilient Recovery program’s kick-off meeting this August in Lafayette.