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March 26, 2024

U.S. Department of Commerce Invests $2.4 Million to Protect Businesses from Flooding in Roseau, Minnesota

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the city of Roseau, Minnesota, construct new stormwater infrastructure that will prevent flooding near local businesses during heavy rain events.

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 19, 2024

U.S. Department of Commerce Invests $676,426 for Water Infrastructure Upgrades to Support Job Growth in Longwood, Florida

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $676,426 grant to the city of Longwood, Florida, for water infrastructure improvements to spur private investment and create jobs in the region.

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 8, 2024

Statement from Assistant Secretary Alejandra Y. Castillo on President Biden’s 2024 State of the Union Address

Today, Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo issued the following statement on the President's 2024 State of the Union Address and the Progress Made to Invest in America

March 5, 2024

U.S. Department of Commerce Invests $2 Million to Support Business Development and Job Growth in Newport, Arkansas

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Newport, Arkansas, to support business growth and job creation in the region.

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.

March 5, 2024

U.S. Department of Commerce Invests $2.7 Million for Roadway and Wastewater Improvements to Support Business Growth in Floyd, Virginia

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the Economic Development Authority of Floyd County, Virginia, for roadway and wastewater infrastructure improvements to support business growth.

February 27, 2024

U.S. Department of Commerce Invests $5 Million to Support Reconstruction of the Jonesboro Municipal Airport Terminal in Arkansas

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to the city of Jonesboro, Arkansas, for airport infrastructure improvements to support job creation and economic development in the region.

February 27, 2024

U.S. Department of Commerce Invests $2 Million to Support Business Growth in Lubbock, Texas

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Lubbock Reese Redevelopment Authority in Lubbock, Texas, for infrastructure improvements to support future business growth in a new business park.