On Dec. 28, U.S. Commerce Secretary Gary Locke announced a $1.6 million Economic Development Administration (EDA) grant to the Lummi Nation of Bellingham, Wash., to help build the Gateway Center business incubator facility in Ferndale, Wash. The project is expected to create 200 jobs and generate $4 million in private investment, according to estimates.
“The Obama administration is committed to creating jobs, encouraging innovation, and improving our nation’s economic competitiveness,” Locke said. “Native Americans have been among the hardest hit by these tough economic times. This grant will create jobs and help entrepreneurs strengthen the local tourism industry by providing a centrally-located facility for local businesses and members of the Lummi Nation to sell their goods.”
The Department of Commerce is a voice for Main Street businesses that works to grow local economies by fostering innovation and opening markets to U.S. products and services. The EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster economic growth and job creation. ♦
For more information, visit www.eda.gov.