News Listing

Displaying 51 - 60 of 97

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.

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.

February 6, 2024

U.S. Department of Commerce Invests $3.3 Million to Support Business and Green Industry Growth in Louisiana

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $3.3 million in the state of Louisiana to support business and green industry growth.

January 25, 2024

U.S. Department of Commerce Invests $3.1 Million to Support Economic Growth in Iberia Parish, Louisiana

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to Sewerage District No. 1 of Iberia Parish, New Iberia, Louisiana, for wastewater infrastructure improvements to support business and research growth in the Acadiana region.

January 25, 2024

U.S. Department of Commerce Invests $2.3 Million to Support Boatyard Modernization at the Port of Port Townsend, Washington

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the Port of Port Townsend, Washington, to support the acquisition of critical maritime infrastructure needed to expand port operations.

January 23, 2024

U.S. Department of Commerce Invests $1.2 Million to Support Tribal Disaster Planning in Southwest Washington State

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Shoalwater Bay Indian Tribe, Tokeland, Washington, to prepare local infrastructure for natural disasters.

January 23, 2024

U.S. Department of Commerce Invests $888,789 to Support Growth of Maritime Sector in Aleutians East Borough

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $888,789 grant to the city of King Cove, Alaska, for critical infrastructure improvements needed to support the region’s fisheries industry.

January 22, 2024

EDA and Civic Roundtable Collaborate on UC Hub

For nearly 45 years, the Economic Development Administration’s (EDA) University Center program has empowered leading colleges and universities to become champions of regional economic ecosystems. These centers provide small businesses and local governments with research-informed technical assistance leading to job creation, business expansion, and the development of highly-skilled talent pools.

November 1, 2017

Success Story: University of Texas at Austin & True Wealth Ventures Partner to Help Female-Founded Startups Access Elusive Venture Dollars

Recent research in the high tech entrepreneurship world finds companies that are most inclusive of women in top governing positions traditionally outperform other companies with less diversity, demonstrating 35% higher return on equity and 34% better total returns. Yet, only 2.19% of total global venture dollars are going to female-founded startups, despite the workforce being comprised of 50% female, and 36% of small businesses (PDF) being owned by females.

November 1, 2017

Spotlight: Jobs and Capital: How the Regional Innovation Strategies Program Helps Push the Economy Forward

During National Entrepreneurship Month, as we celebrate the dynamic startups and entrepreneurs all over our nation that are building innovative businesses and making America more competitive with new jobs, cutting edge technology, and stronger regional economies, we pause to reflect on our flagship platform for innovation and entrepreneurship, the Regional Innovation Strategies (RIS) program.