News Listing

Displaying 11 - 20 of 294

May 23, 2024

Celebrating the Impact of Place-Based Investing with EDA & Brookings Metro

EDA's successes are a testament to why place-based investments in regional economies must allow for ambitious visions of economic revitalization.

May 23, 2024

EDA Joins Economic Development Leaders in Observing Asian American and Native Hawaiian/Pacific Islander Heritage Month

This month, the Economic Development Administration (EDA) joins economic development leaders across the United States in observing Asian American and Native Hawaiian/Pacific Islander (AANHPI) Heritage Month.

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.

April 23, 2024

Tech Hubs Submit Blueprints for Strengthening Critical Industries of the Future

In late February 2024, the 31 Tech Hub Designees submitted their Phase 2 applications, sharing bold visions for transforming their regions into globally competitive critical technology hubs.

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.

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.

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.

March 18, 2024

EDA and WBENC Leaders Discuss Entrepreneurship, Innovation, and Opportunity for Women’s History Month 2024

As part of Women’s History Month 2024 observances at EDA, Assistant Secretary Alejandra Y. Castillo recently hosted a discussion on women entrepreneurship and innovation with Pamela Prince-Eason, President and CEO of the Women's Business Enterprise National Council, a critical provider of resources and advocacy for women business owners.

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.

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.