In conjunction with Black History Month, Commerce Deputy Secretary Don Graves recently released the U.S. Department of Commerce’s 2023 update to its Equity Action Report at a White House Convening on Equity . Among the plan’s highlights was the Economic Development Administration’s (EDA) stewardship of $3 billion in funding distributed to 780 diverse grantees — many working at the forefront of...

Funding Provides Regional Investments to Transform Local Economies, Create Good-Paying Jobs, Jumpstart Emerging Industries, and Prepare Workforce for the Future WASHINGTON – Today, President Biden will announce the 21 winners of the $1 billion Build Back Better Regional Challenge , the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue...