The success of these programs lays a strong foundation for the innovative approaches and community collaborations needed to fulfil the promise of EDA’s newest initiatives to drive technological growth and the creation of many new, good jobs: Tech Hubs and the Recompete Pilot Program. “As part of President Biden’s commitment to investing in workers, these awards will support our nation’s economic development practitioners, helping to grow local economies and bolster communities across the country.” ![]() “Local economic development practitioners are critical to making sure workers and entrepreneurs have the tools and skills they need to succeed in every community, especially those that have too often been left out and left behind,” said Secretary of Commerce Gina Raimondo. These efforts will enable EDA to meet the needs of economic development organizations with a responsiveness and scale not yet seen to date. Slated activities include tailored technical assistance, strategic networking, and topical programming opportunities to help identify, amplify and scale best practices in economic development. competitiveness, innovation, equity, and resilience through economic development activities to bolster local economies. These investments are central to the Biden-Harris Administration’s industrial strategy to drive U.S. ![]() Each Community of Practice supported through these EDA awards will bring together thematically related groups of economic development practitioners who are working to develop economic ecosystems conducive to the creation of quality jobs for American workers.Ī new approach that expands EDA’s channels for supporting economic development practitioners, the Communities of Practice build on the Commerce Department and EDA’s decades of experience working directly with communities and regions to help them build the capacity for economic development. Communities of practice are designed to connect participants to capture and disseminate practical knowledge. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) had completed awarding $27.9 million in cooperative agreements to establish eight economic development Communities of Practice.
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