U.S. Economic Development Administration

It's a good day to take a step back to appreciate just how transformative the past four years have been for the U.S. Department of Commerce--and how impactful they've been for the United States. The Regional Economic Research Initiative has gathered data on all 12,000+ grant awards totaling more than $60B in obligations made by the Department in FYs 21-24, and we've done what we do best: mapped them. These investments span all 59 states and territories and touch every county in the country. They cover charting the world’s oceans to closing the prime age employment gap in urban and rural communities. They boost our capacity for innovation, increase access to capital, and open avenues for global trade. They drive excellence in manufacturing, foster climate resilience, and support good jobs. The Department of Commerce sits at the leading edge of our national ambitions--and it has never had so many ties into American communities thanks to the bipartisan support behind the programs Congress has tasked it with implementing. I can't wait to see where the future takes us next. Hope you enjoy this retrospective marking and mapping four unprecedented years of investing in America: https://lnkd.in/e7VY97YS

📅 Applications for this cohort of the Collaborative Learning Group (CLG) will be open until 5 p.m. ET on Friday, January 31, 2025.

See the latest from Work Shift on the Biden-Harris Administration's historic investments in America's people, regions and industries. "Together, [these programs] changed not only the way the federal government does economic and workforce development—but how the country thinks about it." "...the idea was not just to invest in critical industries but also in specific places that could develop world-class expertise-and workforces-if given the right incentives and support." 🗞️ 👷♂️ https://bit.ly/3PEVNkB #EconomicDevelopment #WorkforceDevelopment #EDATechHubs #GoodJobs #AmericanRescuePlan #EDARecompete U.S. Department of Commerce

The U.S. Department of Commerce’s U.S. Economic Development Administration is set to distribute approximately $210 million in implementation grants to six Tech Hub Designees, funded through the bipartisan FY 2025 National Defense Authorization Act. Read full story: https://lnkd.in/eXn7HFCz --- #GovConNews #TechHubs #TechnologyAdvancement

#ICYMI | Yesterday, EDA announced major investments in America's people, regions and industries of the future. 🏗️ 👩⚕️ 🔬 #EDATechHubs #EconomicDevelopment

#NEWS | EDA and the U.S. Department of Commerce have announced 6 additional Tech Hubs and an additional $25M in Good Jobs Challenge awards. 📄 Read more https://bit.ly/4gQGyBa #EconomicDevelopment #EDATechHubs #GoodJobs

President Jimmy Carter was a champion for opportunity for all and his legacy will forever be intertwined with the success of U.S. Economic Development Administration. The EDA team is heartbroken at the loss of a leader so critical to our long-term success and impact. To reinforce his commitment to the potential of regions across the country, President Carter is responsible for one of EDA’s largest appropriations, which occurred in 1977. EDA received over $4 billion for local public works program and community emergency drought assistance.

Economic development is an ongoing process and, while we celebrate the accomplishments of 2024, EDA does so with our eyes fixed to the future. We are excited to build on EDA’s proud legacy of spurring locally led, community-driven economic development and are poised for more great service to the nation.  Explore all we've accomplished together: https://lnkd.in/eMCkN7sz

The U.S. Department of Commerce’s U.S. Economic Development Administration celebrates its historic reauthorization by Congress, allowing it to continue its legacy of promoting American innovation and competitiveness by providing grants and support to communities across the country. Since 1965, EDA has led some of the nation’s most impactful programs to strengthen public works and infrastructure, job creation and workforce development, disaster recovery, and technology and industry advancement. EDA has not been formally reauthorized since 2004. https://lnkd.in/eGdA_jzS

#ICYMI - National Governors Association U.S. Department of Commerce