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Blog Category: Economic Development Administration

EDA Announces Ongoing American Recovery and Reinvestment Act Funding to Create Jobs, Boost Development

Image of Flagship Enterprise Center. Click for larger image.

Commerce’s Economic Development Administration (EDA) invested $2.7 million in American Recovery and Reinvestment Act (ARRA) funds to the Flagship Enterprise Center, Inc. and the city of Anderson, Ind.,(pictured here), to help build a business and industrial facility, which will house early-stage businesses that are working to establish themselves in the community. Other recent ARRA grants have been announced for Memphis, Tenn.; Spring Valley, Minn.; Tupelo, Miss.; Fosston, Minn.; Scottsburg, Ind. and Bristol Bay Borough, Alaska. (EDA Recovery Web site)

Secretary Locke Announces Over $11.9 Million in Recovery Act Grants to Create Jobs, Boost Development in Seven States

EDA seal.

Commerce Secretary Gary Locke announced over $11.9 million in Economic Development Administration (EDA) American Recovery and Reinvestment Act (ARRA) grants to help seven states boost private investment and create new jobs. The grants will make water treatment facility upgrades in Kentucky; help build an access road to serve an industrial park in Minnesota; help make roadway updates to improve access to an industrial park in Illinois; help build water and sewer infrastructure needed to spur business development in Georgia; convert an existing building for use as a regional vocational training facility in Idaho; expand an existing dock and install a crane to boost the commercial fishing sector in Alaska, and extend an avenue and provide water infrastructure in Washington state.

Secretary Locke Announces $7.6 Million in Recovery Act Grants to Create Jobs, Boost Development in Four States

Picture of construction site for railway infrastructure improvement. Click for larger image.

U.S. Commerce Secretary Gary Locke announced $7.6 million in Economic Development Administration (EDA) American Recovery and Reinvestment Act (ARRA) grants to help four states boost private investment and create new jobs. The grants will: establish a bio-medical manufacturing and business park in Illinois; develop an industrial area in Florida; provide rail service to a technology park in South Carolina and expand an industrial park to accommodate new and existing industry in Michigan.

Secretary Locke Announces Recovery Act Grant to Create Jobs, Boost Development in Montana

EDA seal.

U.S. Commerce Secretary Gary Locke and U.S. Senators Max Baucus and Jon Tester announced a $2.7 million Economic Development Administration (EDA) grant for the State of Montana to capitalize a Revolving Loan Fund (RLF) that will provide timber and wood businesses with the financing they need to become more competitive. This grant is the first awarded by the Commerce Department under President Obama’s American Recovery and Reinvestment Act of 2009 (ARRA). (More) (Commerce.gov/Recovery)

Secretary Locke Announces Availability of $27 Million in Recovery Act Funding to Help Midwestern Communities

AARA logo. Click to go to www.Commerce.gov/Recovery.

U.S. Commerce Secretary Gary Locke announced the availability of $27 million in grants for Midwestern communities. These grants, made possible by the American Recovery and Reinvestment Act (ARRA), are available through the U.S. Commerce Department’s Economic Development Administration (EDA). The region targeted by the grants is coping with the downturn of the U.S. auto industry. The money will be available for communities and organizations in Michigan, Ohio, Indiana, Wisconsin, Illinois and Minnesota. (More) (Remarks) (Commerce.gov/Recovery)

Commerce Secretary Announces $19.5 Million More for Ike/Gustav Recovery Efforts

EDA seal.

U.S. Commerce Secretary Gary Locke announced an additional $19.5 million in Economic Development Administration (EDA) investments to aid the ongoing economic recovery following the devastation caused last year by hurricanes Ike and Gustav. Last week, the Obama Administration announced $20.9 million of investments for the Gulf Coast region to assist in the recovery. “The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation’s competitiveness,” Locke said. (More)

Secretary Locke Announces $5.25 Million Investment in Arkansas Job Creation, Economic Development

EDA seal.

U.S. Commerce Secretary Gary Locke, on his first official trip since taking office, presented $5.25 million in Economic Development Administration (EDA) grants to create jobs and strengthen the Arkansas economy in the wake of the severe storms, flooding and tornados that occurred in 2008. Locke was joined by Arkansas Gov. Mike Beebe and Sen. Mark Pryor.“The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation’s competitiveness,” Locke said. (Remarks)

Commerce's EDA Announces $150 Million in Recovery Funds to Create Jobs and Boost Development in Areas Hit Hard by Recession

American Recovery and Reinvestment Act logo.

As part of the U.S. Commerce Department’s appropriation under the American Recovery and Reinvestment Act of 2009 recently signed by President Obama, the U.S. Economic Development Administration (EDA) announced the availability of $150 million to create jobs and boost development in parts of the country hit hard by the recession. The Federal Funding Opportunity notice, published in the Federal Register, may be viewed at: www.eda.gov/InvestmentsGrants/FFON.xml. (More)

Economic Development Administration Excellence Awards 2009

Economic Development Administration seal.

Commerce’s Economic Development Administration’s (EDA) Excellence in Economic Development Awards 2009 recognize innovative economic development projects or strategies of national significance. The awards are designed to showcase best practices and highlight outstanding results. EDA is currently accepting entries for Excellence in Economic Development Awards 2009. The awards are commemorative and will be presented by senior officials from the U.S. Department of Commerce in ceremonies in the winners’ respective communities. Members of the winners’ congressional delegations will be invited to join in the award presentation. (More)