Economic Development Administration

First Awards Distributed Under Economic Development Administration’s American Rescue Plan Programs

The US Department of Commerce's Economic Development Administration has begun awarding its historic $3 billion in American Rescue Plan funds to assist communities nationwide in their efforts to build back better by accelerating the economic recovery from the coronavirus pandemic and building local economies that will be resilient to future economic shocks. EDA awarded $24 million in grants to states and territories across the nation for statewide planning efforts to boost economic development, enhance US competitiveness, combat the climate crisis, and recover from the pandemic. EDA will fun

EDA Invests $3.8 Million to Increase Broadband Connectivity in El Dorado County, California

The Economic Development Administration (EDA) awarded a $3.8 million Coronavirus Aid, Relief, and Economic Security (CARES) Act Recovery Assistance grant to El Dorado County (CA) to increase internet connectivity. This project will expand the reach of high-speed internet in portions of El Dorado County, promoting job creation and economic diversification in the region.

EDA Invests $1.7 Million in American Rescue Plan Act Funds to Increase Connectivity in Monticello, New York

The Department of Commerce's Economic Development Administration (EDA) is awarding a $1.7 million grant to the Sullivan County Division of Public Works in Monticello (NY) to increase local internet connectivity. This grant is funded by the American Rescue Plan. This project will enhance community high-speed internet throughout Sullivan County, promoting job creation and economic diversification in the region.

EDA Invests $511,855 in American Rescue Plan Act Funds to Increase Connectivity in Greenwich, New York

The Department of Commerce’s Economic Development Administration (EDA) is awarding a $511,855 grant to Washington County Fair, Inc., in Greenwich (NY) to increase local internet connectivity. This grant is funded by the American Rescue Plan. This project will support the installation of high-speed internet service with live broadcasting capabilities at the Washington County Fairgrounds.

Forging the Future of Digital Agriculture

When the Wabash Heartland Innovation Network (WHIN) launched in late 2017 to develop north-central Indiana into a global epicenter for digital agriculture and the Internet of Things (IoT), it turned to Dr. Johnny Park for leadership. Since 2018, Park has served as CEO of WHIN and its pacesetting efforts in a 10-county area of the Hoosier state. Park joined WHIN from Spensa, a successful IoT agtech startup he founded.

EDA Announces Economic Recovery Corps and Equity Impact Investments Programs

The Economic Development Administration has announced a new funding opportunity that includes two programs that will strengthen equitable economic development strategies across the nation. This Notice of Funding Opportunity (NOFO) funds two distinct national programs designed to support underserved communities and populations across the country in developing successful economic development plans and projects.

Department of Commerce Invests $1.7 Million in American Rescue Plan Funds in Broadband for Monticello, New York

US Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the Sullivan County Division of Public Works, Monticello (NY), to increase local internet connectivity. This grant is funded by the American Rescue Plan. This project will enhance community high-speed internet throughout Sullivan County, promoting job creation and economic diversification in the region. This EDA grant will be matched with $415,063 in local funds and is expected to generate $4.5 million in private investment.

Department of Commerce Invests $1.7 Million in CARES Act Recovery Assistance to Expand Broadband Service for the Manufacturing, Agricultural and Technology Industries in Rural Central Indiana

The Economic Development Administration (EDA) is awarding a $1.7 million CARES Act Recovery Assistance grant to Northwest Central Indiana Community Partnerships, Inc., West Lafayette, Indiana, to expand broadband access in Central Indiana in support of the region’s manufacturing, agricultural and technology industries. This project will help create and retain jobs by providing the cutting-edge technology necessary for these industries to remain competitive, while making the rural 7-county region more resilient to future economic disruptions.