EDA is an agency within the U.S. Department of Commerce that partners with U.S. communities to foster job creation and innovation. Led by
@AsstSecCastillo
.
#BREAKING
: EDA +
@CommerceGov
announced 31
#TechHubs
to supercharge local economies & transform regions into globally competitive innovation centers. Learn how
#EDATechHubs
are laying the groundwork for U.S. global economic leadership: 👉
EDA provides strategic investments through competitive grants to foster job creation & attract private investment. We encourage our
#EconDev
partners to think of
#OpportunityZones
as a way to increase public/private partnerships & drive investment to distressed communities.
#NEWS
| 21 winners announced for
@Commercegov
's
@US_EDA
$1 Billion
#BuildBackBetter
Regional Challenge.
Each
#BBBRC
coalition of partnering entities will implement projects that together will enable each region's economic transformation.
Here’s how:
#NEWS
| 60 finalists announced for
@CommerceGov
’s $1B
#BuildBackBetter
Regional Challenge. Proposals presented will now compete for up to $100M to invest in the future of their regional economy.
Our finalists:
Today Dana Gartzke, Performing the Delegated Duties of Assistant Secretary of Commerce for Economic Development announced $4.4M in grants to
#Tennessee
to support local efforts and spur job growth including investments in
@WhiteHouse
#OpportunityZones
:
#BREAKING
| EDA announces 21 winners – each a regional coalition of partnering entities – for its $1B
#BuildBackBetter
Regional Challenge, the largest regional economic development competition in decades.
Full story:
#AmericanRescuePlan
#BBBRC
🚨 JUST LAUNCHED | Tech Hubs Phase 1 Funding Opportunity
Tech Hubs will strengthen our economy & national security by building new centers of innovation and ensuring the industries of the future start, grow, and remain in the US.
#EDATechHubs
News:
In partnership with the
@WhiteHouse
Opportunity and Revitalization Council,
@HUDgov
recently issued its
#OpportunityZones
Toolkit Volume 2, a guide for local leaders to use when implementing their economic development strategies:
#OpportunityNow
Today Deputy Assistant Secretary Dennis Alvord visited Oklahoma City to celebrate the $35 million
#BuildBackBetter
Regional Challenge award to expand the
#biotechnology
industry in the Oklahoma City region.
#NEWS
|
@SecRaimondo
Reestablishes the National Advisory Council on Innovation & Entrepreneurship.
#NACIE
will be charged with developing a National Entrepreneurship Strategy to strengthen America’s ability to compete as world’s leading startup nation:
.
@CoalfieldWV
’s Appalachian Climate Technologies Coalition seeks to transform 21 southern West Virginia coal-impacted counties into the global hub of climate resilience and environmental clean-tech jobs.
#BBBRCFinalist
Learn more:
FUNDING OPPORTUNITY: EDA is now accepting applications for the $4.5M
#STEMTalentChallenge
to build a robust STEM
#workforce
in emerging and transformative innovation sectors.
➡️
We delivered $3B of
#AmericanRescuePlan
funding around the nation through the largest series of local investments that
@CommerceGov
has ever made. This month, you'll hear from grantees about how these programs are still making a difference for Americans a year later!
Thank you
@POTUS
,
@SecRaimondo
and our 21
#BBBRC
WINNERS for joining us today to discuss these transformational projects!
This program represents a bold belief that with the right resources, all regions can create bottom-up, middle-out economic growth to build a better America.
#ACXchange
kicked off today in Denver, Colorado, with a delegation of global and regional leaders that will tour ad learn from Colorado’s successful efforts to advance business development, trade, investment and partnership opportunities.
Just Released | Tech Hubs Program Fact Sheet
See eligibility, timeline & program details:
#EDATechHubs
will strengthen US economic and nat'l security by ensuring the industries of the future—and their good jobs—start, grow, & remain in the US.
Our investments in business incubators, entrepreneurial centers and innovation hubs help accelerate
#startup
companies and new small businesses. Get specific examples here:
#Innovation
#Entrepreneurship
#EconDev
🚨Just Launched | Recompete Pilot Program Phase 1
Recompete will bring focused investments to communities in need of resources & opportunities so all communities have a path to economic prosperity. Learn more
#EDARecompete
BREAKING NEWS from
@CommerceGov
and
@US_EDA
. Commerce Department starts process to fund tech hubs across the US with $500 million in grants.
#EDATechHubs
AP News:
We need a place-based policy approach that connects the resources of the federal government to local priorities.
A good example to place-based policy comes from the new
#BuildBackBetter
Regional Challenge recently forged by EDA, writes
@Richard_Florida
:
(1/5) Thank you
#Louisiana
for hosting
#ACXchange
this week! The 14th Americas Competitive Exchange fostered international collaboration and showcased the state's economic development successes in tourism, innovation, equity, manufacturing & other areas.
The EDA grant will support construction of a new stormwater detention pond & other stormwater improvements to support expansion of industrial and
#manufacturing
businesses in the region. We wish Egger and the other
#manufacturers
in Davidson County the best moving forward!
APPLY NOW! Today, EDA kicks off the $2 million STEM Talent Challenge which provides up to $300K to support efforts to boost STEM talent with innovative work-and-learn models. Details:
#STEMTalentChallenge
#FutureofWork
Our
#BuildBackBetter
Regional Challenge supports bottom-up, middle-out economic growth focused on advancing
#equity
, creating good-paying
#jobs
, and building economic resilience in the wake of the coronavirus pandemic.
Meet our 60 finalists:
#BBBRC
Today
@SecretaryRoss
announces $35 million in grants to 52 organizations that support entrepreneurship and access to capital nationwide as part of the 2020 Build to Scale (B2S) program:
#B2S2020
Today, the National Advisory Council on Innovation and Entrepreneurship (NACIE) released 10 recommendations to foster an entrepreneurship ecosystem that ensures the United States leads in critical technology innovation. 📄Read more
#NACIE
This project will be a major force in driving the competitiveness of Houma and the entire Gulf Coast region! We are proud of our work with you here and wish you the best moving forward!
#Innovation
#Infrastructure
#EconDev
The Americas Competitiveness Exchange (ACE) begins this week in
#Seattle
where delegates will exchange knowledge and build networks to better connect and drive competitiveness across the Americas.
#ACXchange
(1/3)
Happy Economic Development Week! Are you looking for EDA resources to accelerate your economic development strategy? Visit to view our current funding opportunities, access tools for practitioners, get regional contact info and more!
#EconDevWeek
#EDW2021
Proud to announce we received 529 applications from regions in all 50 states and 5 territories for our
#BuildBackBetter
Regional Challenge. An
#AmericanRescuePlanAct
program to invest $1B in up to 30 regions across America.
See who applied:
Did you know this week is Economic Development Week?
Celebrate by sharing photos of what economic development looks like in your community and visit
@IEDCtweets
for their schedule of virtual events!
#IEDC
#EDW
#EDW2020
#EconDevStrong
Salute to our Economic Development Districts for the work they do to lead locally-based economic development planning. Their efforts bring the public, private and non-profit sectors together to strengthen our nation's economy!🇺🇸 Here's how:
#EconDevWeek
#DidYouKnow
? Applicants must use credentials to sign in to
@grantsdotgov
starting February 21, 2022 to submit and manage grant applications.
If you do not have a account, create your account NOW.
More:
Another great meeting yesterday with members of the National Advisory Council on Innovation and Entrepreneurship that was filled with robust discussion, idea sharing and work to strengthen technology and innovation ecosystems.
#NACIE
Thank you to all of our EDDs, University Centers, county, city, state and tribal governments and nonprofit and innovation partners for the work you do. From all of us here at EDA, it's our honor to serve you and advance U.S. Economic Development!
#PSRW
#EconDevWeek
Make sure to stop by the EDA booth at the
#SelectUSASummit
this week to learn how we work with local communities to help attract foreign direct investment to the United States!
#EconDev
#FDI
.
@US_EDA
is already working hard to bring new business and development to
#OpportunityZones
. The new program created as part of the
#TaxCutsAndJobsAct
will bring much needed investment to underserved areas.
Assistant Secretary Fleming is pleased to join today
@SenCapito
and
@RepCarolMiller
to announce 8 grants totaling $7 million that will help West Virginia develop infrastructure needed for business growth and workforce training programs. Press release:
.
@CommerceGov
invests $16 million in the Florida Keys Community College of Key West, FL to build a new
#workforce
training facility, offer apprenticeship programs & provide an alternate headquarters location should another major storm strike the region.
Today, Deputy Asst. Secretary Michele Chang led a
#CoalitionConversation
at
#Virginia
Tech, which leads a coalition that aims to increase U.S. global competitiveness and combat climate change by accelerating the adoption of electric & automated vehicles.
REGISTER NOW! EDA will host 2 webinars to provide an overview of American Rescue Plan funding opportunities and EDA. Registration links ▶️ July 27 () and July 29 (). For more about these programs, visit
Great start to the 11th
#ACXchange
in Puerto Rico! EDA looks forward to spotlighting a number of projects we are supporting here to advance local innovation, manufacturing, and tourism strategies.
Today, EDA begins spotlighting our 60
#BuildBackBetter
Regional Challenge finalists as part of our “60 Finalists, 60 Days” Twitter feature over the next several weeks. Learn more about finalists' projects by following the
#BBBRCFinalist
hashtag or visit:
Today we announce our Recompete awardees.
“We look forward to supporting these communities as they work to reduce the employment gap and establish models for long-term economic growth we can apply across America.” -
@AsstSecCastillo
EDA invests $943,000 to support five
#disaster
economic recovery coordinator positions that will work to support economic recovery efforts in Florida in the wake of Hurricane
#Irma
:
Today,
@AsstSecCastillo
visited the West Edge Factory in Huntington,
#WestVirginia
to celebrate the $62.8M
#BuildBackBetter
Regional Challenge award to the Appalachian Climate Technology (ACT Now) coalition, that is creating a hub of clean energy and green economy jobs.
EDA’s
#BuildBackBetter
Regional Challenge provides transformative investments – up to $100M – to develop and strengthen regional industry clusters across the country, all while enhancing U.S. competitiveness globally.
Meet our finalists:
#BBBRC
#EconDev