EDA Commemorates Asian American and Pacific Islander Heritage Month
EDA awarded Goodwill Industries $1 million to build the Ohana Career and Learning Center on the island of Oahu, near the town of Makakilo, Hawaii. The Center, which opened in April 2010, offers a wide range of job training, skill building, and employment placement programs to more than 1,500 clients annually.
EDA invested $2.1 million in the American Samoa Marketplace near Pago Pago, AS to construct a small business incubator.
Earlier this month, EDA invested $1.5 million to the Commonwealth of the Northern Mariana Islands Water Task Force on the Island of Saipan to make infrastructure improvements to the water system that supplies the Garapan tourist area.
About EDA
A bureau within the U.S. Department of Commerce, EDA's 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.
EDA encourages programs that promote job growth and business expansion in today's technologies and in discovering tomorrow's. The EDA supports key initiatives among regional areas across the United States, thereby developing economic stability through intergovernmental and public/private sector collaboration.
News
April 12, 2011
U.S. Commerce Department Announces $1.85 Million in Oil Spill Economic Recovery Investments for the Gulf Coast.
April 1, 2011
U.S. Trade & Investment Program to HANNOVER MESSE, April 3-8, 2011. Click here to learn more.
March 31, 2011
U.S. Commerce Department Announces Launch of FY 2011 University Center Economic Development Program competition to promote business expansion and job creation in EDA's Chicago and Philadelphia regions. View webinar slides
March 30, 2011
Economic development teams will deploy next month to conduct analysis of Northeast fishing communities, to help identify challenges and opportunities facing local industries and communities.
March 10, 2011
U.S. Commerce Department Announces Launch of i6 Green Challenge to Promote Clean Energy Innovation and Economic Growth.
Promoting Jobs and Competitiveness
President Obama's FY 2012 budget proposal to Congress invests in EDA
– A $40 million investment to EDA for a new 'Growth Zones' Regional Innovation Program in 20 communities across the country and $20 million for a wireless innovation fund to increase American businesses' access to broadband.
Partnership for Jobs & Innovation
– Promoting American innovation, EDA helps build and environment where the private sector can flourish and create connections that will bring together vibrant regional economic ecosystems.
University Center Economic Development Program
– Partnership between the Federal government and academia to make University resources available to economic development communities.
