U.S. Economic Development Administration

The U.S. Economic Development Administration (EDA) is a federal agency within the U.S. Department of Commerce. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the global economy. The EDA works with communities to develop their capacity for economic development, addressing issues such as job creation, workforce development, infrastructure improvements, and recovery from natural disasters.

EDA provides a variety of funding opportunities and programs to support economic development projects across the nation. It offers competitive and non-competitive grants, including programs for disaster relief, public works, and economic adjustment assistance. The EDA also provides technical assistance and resources to businesses and communities, helping them develop plans and strategies for economic growth.

The U.S. Economic Development Administration (EDA) is a federal agency focused on promoting economic growth and development across the country. Their mission is to lead the nation's economic development agenda by supporting innovation, competitiveness, and regional growth. EDA works to prepare American communities for success in the global economy, partnering with local leaders to address economic challenges, strengthen infrastructure, and foster entrepreneurship. They believe that sustainable economic development should be locally driven, and work with communities to build capacity and leverage existing assets to achieve long-term prosperity and resilience.

The U.S. Economic Development Administration promotes a culture of collaboration and partnership, emphasizing locally-driven economic development. They believe in working hand-in-hand with communities to create a strong, sustainable economic future. This means fostering innovation and entrepreneurship, prioritizing equity and inclusion, and investing in infrastructure and workforce development to support job creation and business growth.

The U.S. Economic Development Administration (EDA) prioritizes equity in its investments, recognizing the need for consistent and systemic fair treatment for all individuals, especially those in underserved communities. EDA strives to ensure that its programs and initiatives address the unique needs and challenges of these communities, promoting inclusive economic growth and opportunity. This commitment to equity is reflected in its funding opportunities and outreach efforts, aiming to create a more equitable and prosperous future for all Americans.