September 26, 2023

EDA: $5.3 Million Invested to Support Business Development and Industrial Growth in South Dakota

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $5.3 million in the state of South Dakota to make critical infrastructure improvements needed to support current and future business needs.

The EDA investments announced today are:

“Bolstering infrastructure and industrial capacity are critical parts of President Biden’s Investing in America agenda,” said Secretary of Commerce Gina Raimondo. “These EDA investments will allow the cities of Madison and Hartford to construct the sustainable infrastructure they need to support businesses and create good-paying jobs in their communities.”

“The Economic Development Administration plays an important role in supporting locally-developed strategies designed to create economic opportunity,” said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. “EDA is pleased to assist Madison and Hartford in their efforts to support business and industrial growth to expand and create a resilient regional economy.”

About the U.S. Economic Development Administration (
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.

This post was originally published here.