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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 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.
  • Press Release
  • Disaster Recovery
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

National Advisory Council on Innovation and Entrepreneurship (NACIE) Releases Recommendations to Fuel and Strengthen U.S. Leadership in Technology Innovation

WASHINGTON – Today, the National Advisory Council on Innovation and Entrepreneurship (NACIE) released its “Competitiveness Through Entrepreneurship: A Strategy for U.S. Innovation” (PDF) report that includes 10 recommendations for how the U.S. Department of Commerce, the federal government, and the private sector can foster an entrepreneurship ecosystem that ensures the United States leads in critical technology innovation.
  • Press Release
  • National Advisory Council on Innovation & Entrepreneurship
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
February 6, 2024

U.S. Department of Commerce Invests $7 Million to Support Healthcare Workforce Training and Business Growth Efforts in Arkansas

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $7 million in the state of Arkansas. These investments will support healthcare workforce development and critical infrastructure improvements to support current and future business needs.
  • Press Release
  • Disaster Recovery