The Commerce Department’s Economic Development Administration (EDA), along with 15 other federal agencies within the Obama Administration, today announced a $33 million Jobs and Innovation Accelerator Challenge to drive innovation-fueled job creation and global competitiveness through public-private partnerships in at least 20 regions around the country.
The Challenge will award funds to regions with high-growth industries that support a wide range of economic and workforce development activities.
The Department of Labor’s Employment and Training Administration will invest up to $20 million for technical skills training; EDA will invest up to $10 million in Economic Adjustment Assistance funds; and the Small Business Administration will invest up to $3 million in technical assistance.
To read the full, original article click on this link: EDA Helps Launch Jobs and Innovation Accelerator Challenge to Promote Regional Growth, Competitiveness | Department of Commerce
