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EDA - Economic Development Administration

09/16/2021 | Press release | Distributed by Public on 09/16/2021 12:45

U.S. Department of Commerce Invests $849,185 to Support Business Resiliency Efforts in Ekwok, Alaska

WASHINGTON - Today, the U.S. Department of Commerce's Economic Development Administration (EDA) is awarding a $849,185 grant to the Native Village of Ekwok, Alaska, to build a multi-purpose facility that will enhance the resiliency of the area's business community. This EDA grant is expected to create or retain 55 jobs and generate $45,000 in private investment.

'President Biden is committed to supporting Native communities as they build a foundation for future economic growth,' said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. 'This EDA investment will construct a multi-purpose facility to be used for the storage of emergency supplies and the training of waste management staff from surrounding communities in the safe and sustainable processing of hazardous and recyclable materials.'

'The negative economic and health effects of the COVID-19 pandemic hit small communities like Ekwok especially hard. This Indigenous Communities program award from the Department of Commerce Economic Development Administration will invest in building a multi-purpose facility, creating jobs and generating income to boost Ekwok's economy,' said Senator Lisa Murkowski. 'As we work to build business resilience across Alaska - in both rural and urban areas - our entire state will be better off. I appreciate the EDA's focus on ensuring small remote communities like Ekwok have the opportunity for a stronger future.'

Under President Biden's American Rescue Plan, EDA's Indigenous Communities program dedicates $100 million to develop and execute economic development projects that these communities need to recover from the pandemic and build economies for the future. For more information, please visit EDA's American Rescue Plan Indigenous Communities webpage.

About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.