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August 1, 2021

Americas Competitive Exchange (ACE) Brings Global Leaders to Colorado

America’s Competitiveness Exchange (ACE) Colorado, held August 1-6, 2021, brought together more than 40 global leaders representing 11 countries and multiple international organizations to share economic development best practices and explore opportunities for partnerships.

July 27, 2021

New EDA-UEDA Initiative to Strengthen Economic Ecosystem Collaboration in Resiliency and Equity

Research that identifies effective strategies and best practices can play a critical role informing local approaches to economic development. In many cases, however, important learning fails to flow from theory to praxis; the networks needed to move information from academic economist to economic developer are sometimes limited, inefficient, or non-existent.

July 20, 2021

EDA Enlists ILSR and Recast City to Help Maximize Efficiency of Revolving Loan Funds

The 2020 CARES Act catalyzed a major expansion of the Economic Development Administration’s (EDA) successful Revolving Loan Fund (RLF) program. Prior to the onset of the pandemic, EDA’s RLF portfolio boasted a combined capital base of nearly $900 million. The infusion of CARES Act recovery assistance helped grow the portfolio to over $1.5 billion.

July 19, 2021

Tackling Persistent Poverty is Goal of New EDA-Economic Innovation Group Initiative

Breaking regional cycles of poverty is a challenge for both rural and urban communities throughout the United States. The structural forces that have kept persistently poor places in poverty are complex, interrelated, and together poorly understood. There is an urgent need to identify and assess the root causes of economic marginalization in these communities to create better policies to help overcome the cycles of persistent poverty.

July 16, 2021

EDA and the Center for Regional Economic Competitiveness Partner to Identify Best Practices in State-Regional Economic Development Coordination

Regional development organizations, such as EDA-designated Economic Development Districts (EDDs), have scored significant achievements in facilitating the recovery of their area economies in the aftermath of the COVID-19 pandemic. There remains, however, a disconnect between how regional and state economic developers align their strategies for economic growth to maximize impact.

June 1, 2021

EDA Helps Fuel Pelican, Alaska’s Economy with Hydroelectric Power Plant

Fishing on Alaska’s Chichagof Island isn’t just for humans: more than 1,600 bears live on this sprawling and isolated landmass in the Alaskan Panhandle roughly the size of Delaware – one of the few places in the U.S. where bears outnumber people!

June 1, 2021

“Building Back Better” with Improved American Infrastructure

Each year, a significant amount of EDA funding is allocated to support locally-driven infrastructure projects under EDA’s Public Works (PDF) and Economic Adjustment Assistance (EAA) (PDF) programs.

May 11, 2021

Spotlight on Commerce: Mary Owen-Thomas, Regional Public Affairs Specialist-Chicago, Economic Development Administration (EDA)

I am a Regional Public Affairs Specialist with the Commerce Department’s Economic Development Administration’s Chicago regional office. I handle public affairs for the region, which includes Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin. My goal is to raise the visibility of the agency and highlight the amazing work of our grantees. I do a lot of writing – press releases, success stories, newsletters, social media copy – and conduct media outreach.

April 1, 2021

University of Oregon’s University Center Uses Solar Eclipse to Springboard Planning for Economic Resiliency in the Beaver State

On August 21, 2017, millions of Americans bore witness to a once-in-a-lifetime event: the first solar eclipse viewable across the entire mainland United States in nearly a century. Oregon, where the eclipse was first seen, realized an unprecedented surge of visitors as hundreds of thousands of people flocked to the Beaver State for days.

April 1, 2021

EDA Supports the University of Albany’s Work in Cybersecurity to Help Protect Businesses in the New York Region

EDA partnered with the University of Albany’s Forensics, Analytics, Complexity, Energy and Transportation Security (FACETS) Center through our University Center program in 2011 to foster cybersecurity innovation, public-private partnerships, and cyber job growth in the New York Capital District. This University Center is building an engine of economic growth through collaborations, research, entrepreneurial opportunities, and jobs in the field of cybersecurity.