Economic Development Administration (EDA)

The Economic Development Administration (EDA) is an agency within the U.S. Department of Commerce that helps communities create jobs and stimulate economic growth. It provides grants and financial assistance to support projects that enhance local economies, improve infrastructure, and promote industry. The EDA focuses on regions that need help, particularly those facing economic challenges, by fostering innovation and encouraging partnerships between businesses, governments, and nonprofits. Ultimately, its goal is to build a stronger, more resilient economy across the nation.