The U.S. Department of Commerce’s Economic Development Administration is holding a conference call today (Wednesday, February 15, 2012) to discuss President Obama’s FY13 Budget Blueprint for an Economy Built to Last.The FY2013 Budget proposes more than $350 billion in short-term measures for job growth starting this year. The Department of Commerce’s $8 billion request includes a nearly 5 percent increase, reflecting President Obama and Commerce Secretary Bryson’s commitment to an economic agenda with critical investments in advanced manufacturing, innovation, entrepreneurship, competitiveness, and trade promotion.
EDA’s FY 2013 budget, which is built on two key pillars – innovation and regional collaboration – aligns with the goals of the Administration and will allow the agency to continue to build on the success of its Jobs and Innovation Accelerator Challenge and i6 competitions, while drawing on its long history of supporting bottom-up, place-based investments to foster economic and job growth across America’s regions. The Department’s budget for the U.S. Economic Development Administration (EDA) is $219.7 million, which Includes $25 million to the new Regional Innovation Strategies Program, $60 million for the Economic Adjustment Assistance (EAA) and $40.5 million for the 21st Century Innovation Infrastructure Program.
EDA Budget Conference Call
Wednesday, February 15, 2012,
4:00 PM E ST
Call in: 877-546-1570
Passcode: 3560885
RSVP to cmesidor@doc.gov





