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February 13, 2024

U.S. Department of Commerce Invests $4.1 Million to Boost Business Growth Efforts in Texas

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.

February 8, 2024

National Advisory Council on Innovation and Entrepreneurship (NACIE) Releases Recommendations to Fuel and Strengthen U.S. Leadership in Technology Innovation

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.

February 8, 2024

EDA and Purdue University Partner to Redefine Industry Clusters

Through transformational investments like the regional Tech Hubs initiative and Build Back Better Regional Challenge, the U.S. Economic Development Administration (EDA) has centered the creation and curation of regional industry clusters at the forefront of the nation’s economic development agenda. When strategically placed and properly supported, industry clusters can be effective in steering the direction and development of local economies.

February 6, 2024

U.S. Department of Commerce Invests $7 Million to Support Healthcare Workforce Training and Business Growth Efforts in Arkansas

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.

February 6, 2024

U.S. Department of Commerce Invests $3.3 Million to Support Business and Green Industry Growth in Louisiana

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.

January 25, 2024

U.S. Department of Commerce Invests $3.1 Million to Support Economic Growth in Iberia Parish, Louisiana

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.

January 25, 2024

U.S. Department of Commerce Invests $2.3 Million to Support Boatyard Modernization at the Port of Port Townsend, Washington

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.

January 23, 2024

U.S. Department of Commerce Invests $1.2 Million to Support Tribal Disaster Planning in Southwest Washington State

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.

January 23, 2024

U.S. Department of Commerce Invests $888,789 to Support Growth of Maritime Sector in Aleutians East Borough

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.

January 22, 2024

EDA and Civic Roundtable Collaborate on UC Hub

For nearly 45 years, the Economic Development Administration’s (EDA) University Center program has empowered leading colleges and universities to become champions of regional economic ecosystems. These centers provide small businesses and local governments with research-informed technical assistance leading to job creation, business expansion, and the development of highly-skilled talent pools.