April 2011 Newsletter
U.S. Commerce Department leads U.S. Trade & Investment Program to HANNOVER MESSE 2011
This week, over 20 organizations from across America's regions are participating in the world's largest industrial technology showcase as part of a mission hosted by U.S. Department of Commerce's Economic Development Administration (EDA) and International Trade Administration (ITA). Deputy Assistant Secretary for Economic Development Brian McGowan is co-leading the trip to HANNOVER MESSE 2011 in Hannover, Germany along with ITA's Director of the Invest in America program Aaron Brickman to promote innovation clusters as ideal locations to do
The 21 economic development organizations include:
- The States of Georgia, Utah, Wisconsin, West Virginia, and the Commonwealth of Massachusetts
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April 2011 Newsletter
University Center Economic Development Program Competition
Last week, The U.S. Commerce Department's Economic Development Administration (EDA) announced its FY 2011 University Center Economic Development Program competition to promote bottom-up regional strategies that help foster business expansion and job creation in EDA's Chicago and Philadelphia regions.
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Submitted by EDA's Ken Kukovich
April 2011 Newsletter
EDA Supports Brownfields Development
EDA is authorized to provide broad-spectrum support for brownfields site assessment, market feasibility studies, incidental remediation, such as lead and asbestos abatement, and site redevelopment and reuse that furthers economic growth. EDA typically focuses on the reuse of brownfields. EDA encourages market-driven brownfields reuse to return non-productive, blighted, and formerly contaminated real estate to local tax rolls and foster capital reinvestment that creates jobs at higher skill and wage levels.
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April 2011 Newsletter
To provide increased efficiency, transparency, and competitiveness in its application selection process, EDA recently revised its grants process by moving from a system of rolling application acceptance to one of quarterly funding competitions.
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