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April 24, 2023

EDA Announces Notice of Funding Opportunity for Regions Impacted by Natural Disasters

WASHINGTON, DC – The U.S. Department of Commerce, through the Economic Development Administration (EDA), today announced newly available support to those communities impacted by natural disasters in 2021 and 2022.   Today, the FY23 EDA Disaster Supplemental Notice of Funding Opportunity was published at grants.gov and on eda.gov.
  • Press Release
April 21, 2023

BLOG | EDA Celebrates Earth Day by Reinforcing Commitment to Building a Climate-Ready Nation

Economic development and environmental conservation are becoming increasingly intertwined, as communities look for new ways to be more environmentally and economically resilient. Under the Biden-Harris Administration, new approaches to sustainable development are proving that economic growth can be achieved in ways that simultaneously reduce environmental impacts and support work to build a climate-ready nation. In fact, this Administration approaches addressing climate change as both an economic and national security imperative.
  • Blog
April 19, 2023

EDA’s Build Back Better Regional Challenge Helps Coalition Redefine the Future for West Virginia’s Coal Country

The Appalachian Climate Technologies Coalition (ACT Now Coalition) is a prime example of how regional collaboration and locally-driven economic development efforts are key components of sustainable, regional economic growth. Selected as one of twenty-one Phase 2 finalists for the American Rescue Plan’s Build Back Better Regional Challenge (BBBRC), the ACT Now Coalition is dramatically expanding on more than a decade of momentum.
  • Blog
April 4, 2023

Regionally Focused Investments Build Meaningful Economic Ecosystems

In recent years, EDA has evolved its investment strategies to include a focus on a transformational regional approach that builds meaningful economic ecosystems. That means building our capacity in people, places, and possibilities through investments in America’s workforce, infrastructure, industries, and technologies to create sustainable regional economic development, and in turn, promote equitable economic growth, create good-paying jobs, and enhance U.S. global competitiveness.
  • Blog
March 29, 2023

U.S. Department of Commerce Invests $1 Million to Capitalize Revolving Loan Fund to Support Small Businesses in Northeast Ohio

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to Valley Economic Development Partners, Youngstown, Ohio, to capitalize and administer a Revolving Loan Fund that will serve small businesses in Mahoning and Trumbull counties, a region impacted by fluctuations in the energy economy.
  • Press Release
  • Assistance to Coal Communities
March 29, 2023

U.S. Department of Commerce Invests $1.5 Million for Infrastructure Improvements Needed to Support Business Growth in Greeneville, Tennessee

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the Greeneville Water Commission, Greeneville, Tennessee, for sewer infrastructure improvements to support business expansion and job creation in a region impacted by fluctuations in the energy economy.
  • Press Release
  • Assistance to Coal Communities