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      December 30, 2021
    U.S. Economic Development Administration Top 5 Accomplishments of 2021

    
          1. In April, EDA updated its investment priorities, which provide an overarching framework to ensure that its investment portfolio – ranging from planning to infrastructure construction - contributes to local efforts to build, improve, or better leverage economic assets that allow businesses to succeed and regional economies to prosper and become more resilient. Notably, ‘Equity’ was added to the top of EDA’s investment priority list. EDA is committed to working with populations and underserved communities that have been denied a full opportunity to participate in aspects of economic prosperity in the past.
    
          Blog
        December 22, 2021
    U.S. Department of Commerce Invests $3.2 Million for Broadband Infrastructure to Serve Tribal Community in Montezuma County, Colorado

    
          WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the Ute Mountain Ute Tribe, Towaoc, Colorado, to construct broadband infrastructure.
    
          Press Release
        December 21, 2021
    Secretary of Commerce Gina M. Raimondo and Assistant Secretary Alejandra Y. Castillo Visit Atlanta to Announce Finalists of $1 Billion Build Back Better Regional Challenge; Castillo Tours EDA Grantee

    
          On December 13, Secretary of Commerce Gina M. Raimondo visited the Russell Center for Innovation and Entrepreneurship in Atlanta, Georgia. There, she announced the 60 finalists for the U.S. Economic Development Administration’s (EDA) $1 billion Build Back Better Regional Challenge, which provides up to $100 million per grantee to boost economic pandemic recovery and rebuild American communities.
    
          Blog
        December 21, 2021
    U.S. Secretary of Commerce Gina Raimondo Announces $5 Million in Economic Development Administration American Rescue Plan Funding to Support Territory-wide Economic Development Planning

    
          WASHINGTON – U.S. Secretary of Commerce Gina M. Raimondo today announced that the Department’s Economic Development Administration (EDA) is awarding American Rescue Plan statewide planning grants to five territories to support territory-wide economic development planning efforts.
    
          Press Release
      American Rescue Plan
        December 16, 2021
    U.S. Department of Commerce Invests $675,180 for Infrastructure Improvements to Support Business Expansion and Job Growth in Devens, Massachusetts

    
          WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $675,180 grant to the Massachusetts Development Finance Agency, Boston, Massachusetts, to provide roadway and stormwater infrastructure improvements needed to support additional development of the Devens Industrial Area and former Fort Devens Military Base.
    
          Press Release
        December 16, 2021
    U.S. Department of Commerce Invests $1.3 Million in CARES Act Recovery Assistance to Support Business Growth in Brooklyn, New York

    
          WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.3 million CARES Act Recovery Assistance grant to Brooklyn Alliance, Inc., Brooklyn, New York, to provide technical assistance to small and medium-sized businesses impacted by the coronavirus pandemic.
    
          Press Release
      CARES Act
        December 13, 2021
    U.S. Secretary of Commerce Gina M. Raimondo Announces Finalists for $1 Billion “Build Back Better Regional Challenge"

    
          WASHINGTON - U.S. Secretary of Commerce Gina M. Raimondo today announced the 60 finalists for the U.S. Economic Development Administration’s (EDA) $1 billion “Build Back Better Regional Challenge” – the marquee of EDA’s American Rescue Plan programs – that aims to boost economic pandemic recovery and rebuild American communities, including some that have been grappling with decades of disinvestment. The Build Back Better Regional Challenge provides transformative investments – up to $100 million per grantee – to develop and strengthen regional industry clusters across the country, all while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.
    
          Press Release
      American Rescue Plan
        December 9, 2021
    A New Vision of Rural Economic Development That Drives More Equitable Outcomes

    
          On December 1, 2021, the Rural Community Assistance Partnership (RCAP) brought together more than 30 of the nation’s foremost leaders on rural economic development for a conversation on building a new vision of rural economic development.
    
          Blog
        December 9, 2021
    U.S. Department of Commerce Invests $1.6 Million for Wastewater Treatment Upgrades to Service Expanding Microsoft Data Center Campus and Spur New Businesses Growth in Boydton, Virginia

    
          WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the town of Boydton, Virginia, to upgrade the town wastewater treatment plant to service an expanding Microsoft data center campus and other business needs.
    
          Press Release
        December 9, 2021
    U.S. Department of Commerce Invests $3 Million to Support Growth of Aviation Technology Cluster in Cape May County, New Jersey

    
          WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the County of Cape May, New Jersey, for construction of a new, multi-tenant building at the Cape May County Airport’s Hangars Technology Park.
    
          Press Release
  
      
  
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