FY24−25 Priority Goal
Accelerate place-based and innovation-driven economic development
Goal leaders
Alejandra Y. Castillo
Assistant Secretary of Commerce
Economic Development (DOC)
Cristina Killingsworth
Deputy Assistant Secretary for Policy and External Affairs
Economic Development and Chief Operating Officer (DOC)
To achieve
By September 30, 2025, Economic Development Administration (EDA) will equitably and inclusively accelerate high-growth industry clusters that are critical for U.S. global competitiveness. This will be achieved by supporting economic transformation of 21 U.S. regions awarded through the Build Back Better Regional Challenge and by designating at least 20 regional technology hubs (Tech Hubs).
Progress Updates