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August 30, 2023

Biden-Harris Administration’s Tech Hubs Competition Applications Show Nationwide Excitement for Investing in America’s Technological Future

WASHINGTON, DC — The U.S. Department of Commerce’s Economic Development Administration (EDA), announced the receipt of hundreds of applications for Phase 1 of the Regional Technology and Innovation Hubs (Tech Hubs) competition, a key piece of President Biden’s Investing in America agenda. In total, 48 states and 3 territories submitted Tech Hubs Phase 1 applications. 
  • Press Release
August 29, 2023

U.S. Department of Commerce Invests $2.5 Million for Water Infrastructure Improvements to Support Aluminum Manufacturing Industry in Bay Minette, Alabama

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to North Baldwin Utilities in Bay Minette, Alabama, for water infrastructure upgrades to support a new aluminum manufacturing facility and create jobs in the region.
  • Press Release
August 23, 2023

EDA Leadership Meets With Native Community Development Coalition Members in South Dakota

This spring, Dennis Alvord, EDA’s Deputy Assistant Secretary (DAS) for Economic Development and Chief Operating Officer, visited Rapid City, South Dakota. He met with members of the Mountain Plains Regional Native CDFI Coalition (Mountain Plains), led by the Four Bands Community Fund. In 2022, Mountain Plains received a $45 million EDA award as part of the Build Back Better Regional Challenge (BBBRC).
  • Blog
August 22, 2023

U.S. Department of Commerce Invests $1.7 Million to Expand Agricultural and Lineworker Training Workforce Training Programs in Christian County, Missouri

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to Ozarks Technical Community College in Springfield, Missouri, to construct a new workforce training facility on the Richwood Valley Campus in Christian County.
  • Press Release
August 22, 2023

U.S. Department of Commerce Invests $4 Million to Support Cargo Handling Upgrades at Port of Oswego, New York

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the Port of Oswego in Oswego, New York. The port will be able to acquire new cargo handling equipment and support rail infrastructure improvements needed to increase export capacity and bolster access to global markets for local business.
  • Press Release
August 14, 2023

Two Years In: Building on Achievement, Focused on the Future

It’s been two years since I was sworn in on August 13, 2021, as U.S. Assistant Secretary of Commerce for Economic Development. I am as honored today to serve in this role as I was on Day 1. I am proud of the notable achievements of the Economic Development Administration (EDA) in helping our country respond to the COVID-19 pandemic, build strong regional economies, and spur the next generation of innovators and entrepreneurs.
  • Blog
August 3, 2023

EDA Provides Data and Tools to Promote Competitiveness, Innovation and Economic Growth

As the only federal government agency focused exclusively on U.S. economic development, the U.S. Department of Commerce’s Economic Development Administration (EDA) plays a critical role in supporting regional economic development efforts in communities across the nation. An important part of this role is helping to equip economic development practitioners and policymakers with the data and informational tools they need to plan and implement effective strategies for regional innovation, global competitiveness, and economic growth.
  • Blog