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Economic Development Administration

Since EDA’s inception 52 years ago, EDA has led the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the worldwide economy. EDA is proud of the investments it has made in economically distressed regions, based on their locally-driven strategies and needs, and the outcomes of those investments which spurred local innovation and entrepreneurship creating and saving jobs and leveraging private investments.

Related Content

Statement from U.S. Secretary of Commerce Wilbur Ross on Dr. John Fleming

Press releases
Dr. John Fleming, Assistant Secretary of Commerce for Economic Development (EDA), has joined the White House staff, where he will serve as senior advisor to Chief of Staff Mark Meadows. On behalf of the entire Department, I am grateful to Dr. Fleming for his years of service to the American people and congratulate him on this opportunity to continue in that calling. Dana Gartzke, EDA’s Chief of...

Spotlight on Commerce: Cindy Edwards, Area Director, U.S. Economic Development Administration

Blog
Guest blog post by Cindy Edwards, Area Director, U.S. Economic Development Administration I am an Area Director in the U.S. Economic Development Administration’s (EDA) Denver Regional Office. I oversee several EDA grant programs in Denver’s ten state region. EDA provides grants and technical assistance to economically distressed and disaster impacted communities to help create jobs and sustain...

Spotlight on Commerce: Michelle Rogers, Economic Development Specialist, U.S. Economic Development Administration

Blog
Guest blog post by Michelle Rogers, Economic Development Specialist, U.S. Economic Development Administration My key responsibility is to support the Partnership Planning program in the U. S. Economic Development Administration’s (EDA) Chicago region. In this capacity, I review all documentation for technical grant management and implementation, including proposals and the subsequent grant awards...

EDA Invests $346 Million in 239 Projects Across the U.S in or Near Opportunity Zones

Blog
The 2017 Tax Cuts and Jobs Act is two years old this week. A key element of the bipartisan bill is the Opportunity Zones initiative. Since January 2018, EDA has invested $346 million in 239 projects in or near Opportunity Zones. An Opportunity Zone is an economically-distressed community where private investments, under certain conditions, may be eligible for capital gain tax incentives...

EDA's Revolving Loan Fund Program Helps Turn a Chocolatier's Dream into Reality

Blog
EDA’s Revolving Loan Fund (RLF) program provides small businesses and entrepreneurs with the gap financing they need to start or expand their businesses. On October 12, Romeo Chocolates, LLC, celebrated the grand opening of its brick-and-mortar location in Long Beach, California. Founded in 2014, Romeo Chocolates is a micro-batch, artisanal confection line featuring world-sourced chocolate with...

Driving Innovation for Disaster Response to Support America's First Responders and Build Resilient Communities

Blog
Never is the nexus of public safety response and economic impact more prevalent than during a disaster. From flooding to hurricanes and wildfires, during a disaster, it is imperative that public safety and local officials have the best tools and technologies to save lives. Having this critical response infrastructure is also instrumental in helping local economies recover and remain resilient into...

Spotlight on Commerce: Jeffrey Burton, Administrative Director, Denver Regional Office, U.S. Economic Development Administration

Blog
Guest blog by Jeffrey Burton, Administrative Director, Denver Regional Office, U.S. Economic Development Administration As the Administrative Director for the Denver Regional Office of the Economic Development Administration (EDA), I am responsible for leading a team of dedicated professionals in empowering 100 Economic Development Districts across 10 western states in meeting the economic...

Spotlight on Commerce: Craig Buerstatte, Acting Director, Office of Innovation & Entrepreneurship, U.S. Economic Development Administration

Blog
Guest blog post by Craig Buerstatte, Acting Director, Office of Innovation & Entrepreneurship, U.S. Economic Development Administration As a young high schooler in a small Wisconsin town, I was fortunate to receive mentorship from an amazing group of community-focused Junior Reserve Officer Training Corps (JROTC) instructors. Their adventures of service and combat took them to places like Panama...

Spotlight on Commerce: John C. Fleming, M.D., U.S. Assistant Secretary of Commerce for Economic Development

Blog
Guest blog post by John C. Fleming, M.D., U.S. Assistant Secretary of Commerce for Economic Development I am honored to serve the American people in the service of President Donald J. Trump and Secretary Wilbur Ross at the Economic Development Administration (EDA) as we work together to help drive private sector investment to our nation’s most distressed communities. Through the President’s...

Remarks by Deputy Secretary Karen Dunn Kelley at the Opportunity Zones Association of America (OZAA) Pittsburgh Opportunity Zone Catalyst Event

Speeches
Thank you, Presley, for that kind introduction and thank you to Aaron Grau and the Opportunity Zones Association of America for hosting what will be the first of many roadshow events across the country. I also want to thank all of you for your work to promote Opportunity Zones to the investor community, and I look forward to the results we will deliver together for residents of Opportunity Zones...