News Listing

Displaying 1 - 10 of 282

May 3, 2024

When Disasters Strike, EDA is There for Communities

The U.S. Economic Development Administration (EDA) plays a unique role in assisting communities when catastrophe strikes.  As the only federal agency focused solely on economic development, supporting a community facing a significant, potentially devastating, economic event following a natural disaster is a critical role EDA is proud to support. 
  • Blog
April 17, 2024

Recompete Pilot Program is Critical to U.S. Economic Policy

In this historically tight labor market, economic development programs must target people and places with low levels of employment. The U.S. Economic Development Administration’s Recompete Pilot Program (Recompete) is a $200 million grant program that will provide flexible $20 million to $50 million grants to places with persistently low prime-age (ages 25-54) employment rates. This blog post explains how Recompete aims to raise prime-age employment and renew economic opportunity in communities through three key design principles.
  • Blog
April 3, 2024

EDA’s Good Jobs Challenge Puts Thousands of Americans to Work

Just last month, over 200 people from across the country gathered together in Washington, DC. They were from state governments, community colleges, and non-profits, representing rural towns, big cities, and everything in between. The one thing they all had in common, they are all partners in this once in a generation investment to place 50,000 Americans into good jobs they wouldn’t otherwise have been able to access. In 2022, the Department of Commerce launched the Good Jobs Challenge in the wake of the pandemic to upskill underemployed individuals and provide job opportunities for those the labor market has historically passed over.
  • Blog
March 21, 2024

EDA Celebrates Women’s History Month

In observance of Women’s History Month 2024, the U.S. Economic Development Administration (EDA) joins other U.S. Department of Commerce bureaus recognizing the tremendous contributions of women  and the importance of ensuring equity and opportunity for all.
  • Blog
March 5, 2024

EDA Observes One Year of Equity Executive Order 14091

On February 16, 2024, Deputy Secretary of Commerce Don Graves joined Biden-Harris Administration leaders at the White House for the release of the U.S. Department of Commerce’s 2023 update to its Equity Action Report. The report’s release coincided with the first anniversary of Executive Order 14091, President Biden’s second Executive Order on equity. Among its highlights is the Economic Development Administration’s (EDA) stewardship of $3 billion in funding distributed to 780 diverse grantees — many of whom are working at the forefront of equitable economic development — through President Biden’s American Rescue Plan.
  • Blog
February 26, 2024

Three Spheres of Equity in Workforce Development Programs

Funded by the American Rescue Plan, the Good Jobs Challenge (GJC) invested $500 million across 31 states and Puerto Rico in industry-led workforce training partnerships. Through this once-in-a-generation investment, the Economic Development Administration (EDA) enters new terrain in workforce development and is placing a heightened focus on addressing disparities and uplifting underserved communities by creating pipelines to good jobs.
  • Blog
February 20, 2024

EDA Celebrates Black History Month

During February, EDA joins other U.S. Department of Commerce bureaus in celebrating Black History Month. EDA’s commitment to equity and expanding opportunity for Black Americans permeates everything we do throughout the year.
  • Blog
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.  
  • Blog