News Listing

WASHINGTON – Today, President Biden will announce the Tulsa Regional Advanced Mobility (TRAM) Corridor as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $39 million in grants to the TRAM Corridor, led by the Indian Nations Council of Governments (INCOG), to advance aerial mobility technology in northeast Oklahoma.

WASHINGTON – Today, President Biden will announce the Building Central Florida’s Semiconductor Cluster for Broad-Based Prosperity as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $50.8 million in grants to the Building Central Florida’s Semiconductor Cluster for Broad-Based Prosperity, led by the Osceola County Board of County Commissioners, to boost semiconductor industry in central Florida.

WASHINGTON – Today, President Biden will announce the Mountain | Plains Regional Native CDFI Coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $45 million in grants to the Mountain | Plains Regional Native CDFI Coalition, led by the Four Bands Community Fund, to  grow the Indigenous finance sector and expand economic opportunity in Native American communities in Montana, North Dakota, South Dakota and Wyoming.

WASHINGTON – Today, President Biden will announce the Alaska Mariculture Cluster as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $49 million in grants to the Alaska Mariculture Cluster, led by the Southeast Conference, to catalyze a sustainable mariculture industry in Alaska.

WASHINGTON – Today, President Biden will announce the South Kansas Coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $51.4 million in grants to the South Kansas Coalition, led by Wichita State University, to strengthen aerospace production in southern Kansas.

WASHINGTON – Today, President Biden will announce the Georgia AI Manufacturing (GA-AIM) coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $65 million in grants to GA-AIM, led by the Georgia Tech Research Corporation, to accelerate integration of artificial intelligence (AI) technologies in industry.

WASHINGTON – Today, President Biden will announce the Fresno-Merced Future of Food Innovation (F3) Coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $65.1 million in grants to the Fresno-Merced Future of Food Innovation (F3) Coalition, led by the Central Valley Community Foundation, to drive agriculture innovation in California’s Central Valley.

WASHINGTON – Today, President Biden will announce the Appalachian Climate Technology (ACT Now) coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $62.8 million in grants to ACT Now, led by Coalfield Development Corporation, to create a hub of clean energy and green economy jobs. 

WASHINGTON – Today, President Biden will announce the Oregon Mass Timber Coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $41.4 million in grants to the Oregon Mass Timber Coalition, led by the Port of Portland, to modernize and boost the forest products industry in Oregon.

WASHINGTON – Today, President Biden will announce the New Energy New York coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S. Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $63.7 million in grants to the New Energy New York coalition, led by The State University of New York (SUNY) at Binghamton, to accelerate battery technology innovation in New York.