The Economic Development Administration (EDA) leads job creation and industry growth efforts across the US through investments in communities. EDA partners with local communities to support projects based on local needs and provides funding opportunities, best practices resources, and capacity building assistance. Recent EDA investments through programs like the American Rescue Plan are expected to generate over $20 billion in private investment and create around 220,000 new jobs.
The Economic Development Administration (EDA) leads job creation and industry growth efforts across the US through investments in communities. EDA partners with local communities to support projects based on local needs and provides funding opportunities, best practices resources, and capacity building assistance. Recent EDA investments through programs like the American Rescue Plan are expected to generate over $20 billion in private investment and create around 220,000 new jobs.
Original Description:
Get to know the US Economic Development Administration -- eda.gov
The Economic Development Administration (EDA) leads job creation and industry growth efforts across the US through investments in communities. EDA partners with local communities to support projects based on local needs and provides funding opportunities, best practices resources, and capacity building assistance. Recent EDA investments through programs like the American Rescue Plan are expected to generate over $20 billion in private investment and create around 220,000 new jobs.
The Economic Development Administration (EDA) leads job creation and industry growth efforts across the US through investments in communities. EDA partners with local communities to support projects based on local needs and provides funding opportunities, best practices resources, and capacity building assistance. Recent EDA investments through programs like the American Rescue Plan are expected to generate over $20 billion in private investment and create around 220,000 new jobs.
and industry growth efforts in communities across the nation to foster resilient and eda.gov competitive regional economies. Investing in the People, AMERICAN RESCUE PLAN Places, and Potential A Recent EDA Investment that Power America Success Story Guided by the basic principle that sustainable economic development should be locally-driven, EDA partners with COMMUNITY IMPACT communities and regions to build capacity based on local $3 Billion conditions and needs. FUNDING DISPERSED
Through its network of regionally based staff and
780 PROJECTS SERVING EVERY STATE portfolio of flexible grant tools, EDA helps communities AND TERRITORY take control of their future and position themselves for economic prosperity and resiliency. EXPECTED IMPACT ACCORDING TO GRANTEE ESTIMATES Key Investment Areas & Programs: 220,000 JOBS CREATED, • Public Works SAVED, OR PLACED • Economic Adjustment Assistance $20 Billion • Local Technical Assistance PRIVATE INVESTMENT • University Centers • Trade Adjustment Assistance • Indigenous Community Investment • Coal Community Development • Tech Hubs • Recompete Pilot Program • Disaster Supplemental Assistance • I nnovation & Entrepreneurship
EDA’s Impact 2,000+ $5 Billion 300,000
PROJECTS ACROSS INVESTED JOBS TO BE GROWN Since 2022 THE UNITED STATES IN COMMUNITIES THROUGHOUT THE COUNTRY ABCs of EDA “EDA came to us and asked, ‘How can How we make we support you?’ a difference Sometimes federal agencies come Access to Grants & Funding in and think they know EDA provides economic development funding opportunities how to do everything. to communities to spur growth, job creation, innovation, and This was completely regional competitiveness in a way that works best for them. different.” Visit eda.gov to explore our investment priorities; current funding opportunities; and an overview of programs. Chelsea Irvine 3CORE | Chico, CA
Best Practices Successful regional economic development takes partners from the public and private sector, academia, and community coalitions sharing what works. EDA’s convening power helps these communities connect to share best practices. Visit eda.gov to explore the network of regional offices and state partners; white papers and blog posts; and Get the EDA News our economic development directory. You Want! We send bulletins highlighting Capacity Building our work—including EDA’s local Impact, grantee stories, regional From initial planning to advanced technical assistance, newsletters, resources for coal EDA supports communities of every size to help ensure they and indigenous communities, maximize the impact of every investment. funding opportunities, events and more. Subscribe or change Visit eda.gov to explore our Communities of Practice; your news settings to get the technical guidance; specialized support for Indigenous news you want! and coal communities; data and research tools; and Visit eda.gov much more. to sign up and follow EDA on social media.
$546 Million 69 $27.7 Billion
INVESTED IN UNIVERSITY PRIVATE INVESTMENT ENVIRONMENTALLY CENTERS TO BE GENERATED SUSTAINABLE FUNDED IN COMMUNITIES PROJECTS EDA Leadership Alejandra Y. Castillo Assistant Secretary of Commerce for Economic Development
Dennis Alvord Craig Buerstatte
Deputy Assistant Secretary Deputy Assistant Secretary for Economic Development for Regional Affairs and Chief Operating Officer
EDA Regional Offices
Contact your regional EDA office for more information about program resources. Full contact information can be found at www.eda.gov/contact.
Atlanta Chicago Philadelphia
401 West Peachtree Street, NW 230 South Dearborn Street Robert N.C. Nix Federal Building Suite 1820 Suite 3280 900 Market Street Atlanta, GA 30308-3510 Chicago, IL 60604-1512 Room 602 (404) 730-3002 (312) 353-8143 Philadelphia, PA 19107 (215) 597-4603 Serving Serving AL, FL, GA, KY, MS, NC, SC, TN IL, IN, MI, MN, OH, WI Serving CT, DE, DC, ME, MD, MA, NH, NJ, Austin Denver NY, PA, RI, VT, VA, WV, PR, USVI 903 San Jacinto 1244 Speer Boulevard Suite 206 Suite 431 Seattle Austin, TX 78701 Denver, CO 80204 915 Second Avenue (512) 381-8144 (303) 844-4715 Room 1890 Seattle, WA 98174 Serving Serving (206) 220-7660 AR, LA, NM, OK, TX CO, IA, KS, MO, MT, ND, NE, SD, UT, WY Serving AK, AZ, CA, HI, ID, NV, OR, WA, American Samoa, Northern Mariana Islands, Guam, For media inquiries please contact media@eda.gov. Federated States of Micronesia, Republic of Marshall Islands, Republic of Palau
U.S. Department of Commerce
1401 Constitution Avenue, N.W., Washington, DC 20230
For more information about EDA, please e-mail info@eda.gov.
Follow us on social media at @US–EDA on Twitter and at www.facebook.com/eda.commerce/ on Facebook. Sign up for the latest news, stories, and updates at eda.gov.
