EDA Announces Winners of $37M Clusters Initiative
The U.S. Economic Development Administration (EDA) announced the 20 winners of the $37 million Jobs and Innovation Accelerator Challenge. The multi-agency competition will support cluster-based, regional initiatives to spur job creation and economic growth. Descriptions of all 20 winning projects are available on the EDA site. Read the announcement...
EDA Announces Grants to Spur Manufacturing Growth, Address Declining Coal Industry
Since the beginning of July, the Economic Development Administration (EDA) has announced almost $7.3 million in grants to support advanced manufacturing and support workforce development efforts in communities impacted by the decline coal industry. In Florida and Washington, the EDA announced funding to support the facilities that can house local manufacturing firms and provide the space and equipment necessary for them to create jobs.
Commerce Department Making Skills a Top Priority
Fresh off a nationwide listening tour and against the backdrop of 1776, a global hub for startups in Washington, D.C., U.S. Secretary of Commerce Penny Pritzker unveiled the department's strategic vision and priorities focused on three key areas: trade, innovation and data. Pritzker said her department will make sure businesses have a strong voice when it comes to strengthening the digital economy by working to protect intellectual property, ensuring robust cybersecurity infrastructure and championing free and open Internet.
EDA and Partners Commit $33M to Grow Regional Innovation Clusters
The Economic Development Administration (EDA) in partnership with 15 other federal agencies and bureaus intends to commit $33 million in direct federal funding and provide technical assistance resources for the Jobs and Innovation Accelerator Challenge — a new public-private initiative focused on supporting and accelerating the growth of regional innovation clusters that exhibit high-growth development potential. Approximately 20 industry clusters will be selected through a nationwide competitive process that includes all industry sectors.