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Economic Development Administration: Difference between revisions
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* '''American Rescue Plan (ARPA) Implementation''' | * '''American Rescue Plan (ARPA) Implementation''' | ||
Six programs, collectively called Investing in America’s Communities, will equitably invest the $3 billion EDA received from President Biden’s American Rescue Plan. The programs aim to assist communities 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 is making a Coal Communities Commitment, allocating $300 million of this funding to ensure support for coal communities. | |||
* '''Assistance to Coal Communities (ACC)''' | * '''Assistance to Coal Communities (ACC)''' | ||
Through ACC 2018, EDA designates a portion of its EAA funding to support communities and regions that have been negatively impacted by changes in the coal economy. | |||
* '''Build to Scale (B2S)''' | * '''Build to Scale (B2S)''' | ||
The Build to Scale (B2S) Program builds regional economies through scalable startups and includes three competitions supporting entrepreneurship, acceleration of company growth and increased access to risk capital across regional economies | The Build to Scale (B2S) Program builds regional economies through scalable startups and includes three competitions supporting entrepreneurship, acceleration of company growth and increased access to risk capital across regional economies | ||