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Vol. 4 No. 8 June
2007 |
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How to
subscribe: To subscribe yourself or a colleague to EDA Update, send an
email with contact information, including email address, to Jason Christian
at jchristian@iedconline.org. If you
are receiving EDA Update for the first time and do not wish to receive
messages from EDA in the future, please use the unsubscribe link at the end
of this email.
On June
14, EDA, in partnership with its Atlanta regional office, the International
Economic Development Council and the National Association of Regional
Councils, hosted an Economic Development Symposium in Atlanta. The theme
of the event was "Disasters and Economic Dislocations: Building a
Disaster-Resistant Economy." The fourth in a five-part series, the
conference brought together public and private sector representatives
together who have faced, or are preparing for, severe economic dislocations
and found ways to build a stronger and safer economy. Over 200
attendees heard keynote presentations by The Honorable Michael J. Olivier,
Secretary of the Louisiana Economic Development Department, and Susan Story,
President and CEO, Gulf Power Company. Other sessions focused on private
sector strategies for working with local governments in disaster recovery;
planning for severe pandemics; building a stronger and safer economy through
collaborations, partnerships and coalitions; and addressing risk management
issues facing business and the economy. The event
also included a Town Hall meeting with EDA leadership. U.S. Assistant
Secretary of Commerce for Economic Development Sandy K. Baruah and Deputy
Assistant Secretary of Commerce for Economic Development Benjamin Erulkar
took questions from the audience on topics related to EDA's
policies and programs. Each
symposium in the 2007 EDA series focuses on strategies, policies and best
practices to create jobs and economic opportunity. Speakers include regional
and national leaders from the private and public sectors. Only one symposium
remains!
Visit the
Symposia
Web site for additional information regarding venues, program and online
registration. The EDA
Regional Symposia have been approved for recertification credits for those
possessing the CEcD designation.
On May
31, Sandy K. Baruah, Assistant Secretary of Commerce for Economic
Development, proudly congratulated the seven winners of EDA's
Excellence in Economic Development Awards 2007. EDA's
annual competition is open to nonprofit organizations, local, state and
regional government entities, universities and colleges. The winning
nominations were evaluated for this honor by a distinguished panel of
economic development experts. The 2007 winners, listed by category, include: Rural
Economic Development Urban
or Suburban Economic Development Enhancing
Regional Competitiveness Economic
Adjustment Strategies Technology-led
Economic Development Community
and Faith-Based Social Entrepreneurship Innovation
in Economic Development The
commemorative awards will be presented in each winner's community from June
through December 2007. The governor and congressional delegation of each
winner will be invited to present the award together with senior officials of
the Department of Commerce. Congratulations
to the 2007 winners!
The
Economic Development Administration's (EDA) mission is to lead the federal
economic development agenda by promoting innovation and competitiveness,
preparing American regions for growth and success in the worldwide economy.
Through its National Technical Assistance, Training, Research and Evaluation
program (NTA Program), EDA works towards fulfilling
its mission by funding research and technical assistance projects to promote
competitiveness and innovation in distressed rural and urban regions
throughout the United States and its territories. By working in conjunction
with its research partners, EDA will help States, local governments and
community-based organizations to achieve their highest economic potential.
EDA is soliciting applications to provide technical assistance in connection
with the following two (2) projects:
Go to www.eda.gov for
more information and to view the full FFO in PDF.
The
spring edition of Economic Development America magazine, "The
Power of Information: Using Data to Create and Refine Your Economic
Development Strategy," was published in May. The edition encompasses a
variety of articles on how to collect, manage and use information for greater
economic development impact. Download a copy of the PDF here. The
Summer edition of the magazine, to be published in August, will feature the
2007 winners of EDA's Excellence in Economic
Development awards. If you
have comments or story ideas for the magazine, please contact editor Louise
Anderson with your suggestions (landerson@iedconline.org
or 828-350-8855). Back
issues of Economic Development America (in PDF format) can be found on the EDA
Web site.
Join the
conversation on building a workforce that meets the needs of the 21st century
economy! Co-sponsored
by the U.S. Department of Labor's Employment & Training Administration
(ETA) and the American Society for Training & Development (ASTD), Workforce Innovations is the premier annual
conference at which more than 3,000 local, state and national workforce
leaders and their partners from industry, education and economic development
gather to discuss the critical talent development challenges facing our
country. Workforce
Innovations 2007: Beyond Boundaries will explore ways in which key partners,
including business, economic development, education and workforce systems,
can collaborate and innovate to break down boundaries and create a
competitive advantage. For more
information, visit www.WorkforceInnovations.org.
Recently
released figures from the Bureau of Labor Statistics show that 157,000 jobs
were created In May 2007. Since August 2003, more than 8 million jobs have
been created, with more than 1.9 million jobs created over the 12 months
ending in May. Our economy has now added jobs for 45 straight months, and the
unemployment rate remains low at 4.5 percent.
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