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      October 26, 2022
    EDA Taps University of Michigan and New Growth Innovation Network to Document Equity Outcomes of American Rescue Plan Programs

    
          President Biden’s American Rescue Plan (ARPA) allocated the Economic Development Administration (EDA) $3 billion in supplemental funding. This investment is assisting communities nationwide in their efforts to recover from the impacts of the coronavirus pandemic by accelerating the process of economic recovery and by improving the resiliency of local economies to future economic challenges.
    
          Blog
        October 24, 2022
    Tribal Nations Awarded Through the Build Back Better Regional Challenge

    
          On September 2, 2022, President Joe Biden announced the 21 winners of EDA’s $1 billion Build Back Better Regional Challenge. It was the culmination of more than a year’s work, which began with 529 applications from all across the country.
    
          Blog
        October 20, 2022
    EDA Taps NGIN to Lead Equity Impact Investments

    
          The Economic Development Administration (EDA) recognizes the need for more resources to improve technical assistance and capacity building in underserved populations and communities’ representation in local economic development. Therefore, last year, we elevated ‘equity’ as our top investment priority.
    
          Blog
        October 19, 2022
    EDA and RIPL Partner on Evaluation and Measurements Program for Good Jobs Challenge

    
          The U.S. Economic Development Administration’s $500 million Good Jobs Challenge is making once-in-a-generation investments in 32 high-quality, locally led workforce systems to dramatically transform America’s communities. The goal of the Good Jobs Challenge is to create workforce training programs in communities that will help workers secure jobs in growing, essential industries, and accelerate regional economic development following the pandemic. To further this work, this month, EDA’s Research and National Technical Assistance program is announcing a $592,783 grant to Research Improving People’s Lives (RIPL) — a national social impact non-profit based in Providence, Rhode Island — to develop and implement Return-on-Investment (ROI) metrics that will help a broad range of stakeholders, including policymakers, assess the Good Jobs Challenge on equity outcomes. This grant is funded through EDA’s ARPA Research and Networks Funding Opportunity.
    
          Blog
        October 13, 2022
    SSTI Tapped to Lead Community of Practice Dedicated to Advancing Technology-Based Economic Development

    
          The United States economy is built on innovation, a fact affirmed in 2009 with the passage of the American Recovery and Reinvestment Act which set out to provide “investments needed to increase economic efficiency by spurring technological advances.” The 2021 American Rescue Plan Act further committed the United States to the development of an economy primed to lead in the global marketplace through the creation of new industries and the application of cutting-edge technology in traditional enterprises.
    
          Blog
        October 12, 2022
    EDA and NADO Research Foundation Establish Economic Development District Community of Practice

    
          Since designating the first Economic Development District (EDD) in 1969, the Economic Development Administration’s (EDA) network of EDDs has grown to more than 390. These locally governed, multi-jurisdictional entities are both critical drivers of regional planning efforts, and important interlocutors between the federal government and local communities.
    
          Blog
        October 3, 2022
    EDA Awards $3 Billion in American Rescue Plan Funding for Transformative Economic Development Projects Across the Country

    
          In March of 2021, President Biden signed the American Rescue Plan into law. This historic legislation was designed to enable American communities to respond to and recover from the impacts of COVID-19. In the American Rescue Plan, Congress allocated an unprecedented $3 billion to the Economic Development Administration (EDA) in supplemental one-time funding and required EDA to disburse all awards by September 30, 2022, in order to meet the urgent needs of American communities. This notable economic development opportunity required EDA, its partners, and most importantly, leaders across the entire economic development community, to take transformational and expeditious action.
    
          Blog
        September 28, 2022
    FEMA and EDA Release New Resource to Align Community Plans and Build Resilience

    
          A new resource will help economic development and hazard mitigation planners achieve mutually beneficial outcomes.
The Comprehensive Economic Development Strategy and Hazard Mitigation Plan Alignment Guide connects economic development and hazard mitigation plans so communities can be more resilient from natural hazards. The guide was a collaboration between FEMA and the U.S. Economic Development Administration (EDA).
    
          Blog
        September 15, 2022
    EDA Celebrates National Hispanic Heritage Month

    
          Hispanic entrepreneurship is vital to the strength of the U.S. economy. Between 2009-2019 the number of Hispanic business owners in the United States surged 34 percent, compared to a one percent increase for all business owners. From its earliest days, the Economic Development Administration (EDA) has been at the forefront of efforts to develop a dynamic economic environment that provides a solid foundation for Hispanic commercial success.
    
          Blog
        September 6, 2022
    EDA Enlists Research Partners to Document Lessons and Outcomes of the Build Back Better Regional Challenge

    
          EDA’s $1 billion Build Back Better Regional Challenge is not only a generational investment in place-based economic policy, it is also a significant opportunity for practice-observant research in the field of economic development. To capitalize on this historic moment, this month, EDA’s Research and National Technical Assistance program is announcing two investments designed to stimulate a robust research agenda that will explore, document, and disseminate the lessons, outcomes, and replicable models of the Build Back Better Regional Challenge, helping amplify its impact beyond the regional coalitions awarded federal funding. This grant is funded through EDA’s ARPA Research and Networks Funding Opportunity.
    
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