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December 21, 2021

Secretary of Commerce Gina M. Raimondo and Assistant Secretary Alejandra Y. Castillo Visit Atlanta to Announce Finalists of $1 Billion Build Back Better Regional Challenge; Castillo Tours EDA Grantee

On December 13, Secretary of Commerce Gina M. Raimondo visited the Russell Center for Innovation and Entrepreneurship in Atlanta, Georgia. There, she announced the 60 finalists for the U.S. Economic Development Administration’s (EDA) $1 billion Build Back Better Regional Challenge, which provides up to $100 million per grantee to boost economic pandemic recovery and rebuild American communities.
  • Blog
December 16, 2021

U.S. Department of Commerce Invests $1.3 Million in CARES Act Recovery Assistance to Support Business Growth in Brooklyn, New York

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million CARES Act Recovery Assistance grant to Brooklyn Alliance, Inc., Brooklyn, New York, to provide technical assistance to small and medium-sized businesses impacted by the coronavirus pandemic.
  • Press Release
  • CARES Act
December 16, 2021

U.S. Department of Commerce Invests $675,180 for Infrastructure Improvements to Support Business Expansion and Job Growth in Devens, Massachusetts

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $675,180 grant to the Massachusetts Development Finance Agency, Boston, Massachusetts, to provide roadway and stormwater infrastructure improvements needed to support additional development of the Devens Industrial Area and former Fort Devens Military Base.
  • Press Release
December 13, 2021

U.S. Secretary of Commerce Gina M. Raimondo Announces Finalists for $1 Billion “Build Back Better Regional Challenge"

WASHINGTON - U.S. Secretary of Commerce Gina M. Raimondo today announced the 60 finalists for the U.S. Economic Development Administration’s (EDA) $1 billion “Build Back Better Regional Challenge” – the marquee of EDA’s American Rescue Plan programs – that aims to boost economic pandemic recovery and rebuild American communities, including some that have been grappling with decades of disinvestment. The Build Back Better Regional Challenge provides transformative investments – up to $100 million per grantee – to develop and strengthen regional industry clusters across the country, all while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.
  • Press Release
  • American Rescue Plan
December 9, 2021

U.S. Department of Commerce Invests $3.3 Million in CARES Act Recovery Assistance to Support Manufacturing and Job Creation on the Fort Apache Indian Reservation

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $3.3 million CARES Act Recovery Assistance grant to the White Mountain Apache Community Development Corporation, Pinetop, Arizona, to improve  the White Mountain Apache Timber Company (WMATCO) sawmill in Whiteriver.
  • Press Release
  • CARES Act
December 9, 2021

U.S. Department of Commerce Invests $1.6 Million for Wastewater Treatment Upgrades to Service Expanding Microsoft Data Center Campus and Spur New Businesses Growth in Boydton, Virginia

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the town of Boydton, Virginia, to upgrade the town wastewater treatment plant to service an expanding Microsoft data center campus and other business needs.
  • Press Release
December 7, 2021

Assistant Secretary Alejandra Castillo Visits EDA-Funded Business Incubator, Discusses Federal Role in Economic Development in Hartford, Connecticut

In 2005, Hartford, Connecticut, experienced an economic earthquake when the Swift Factory closed its doors. For 120 years, the company provided gold leafing to national landmarks and government institutions nationwide, employing generations of workers in Hartford’s north end neighborhood – and one of its poorest. Overnight, those jobs disappeared, increasing disparities across the city.
  • Blog