State of Georgia Receives 1.9 Million in Grants

September 14, 2012
By

Acting U.S. Commerce Secretary Rebecca Blank announced yesterday afternoon that two Economic Development Administration (EDA) grants totaling $1.9 million that will help Georgia build critical infrastructure to support business development and job growth.

According to grantee estimates, the projects will together create 275 jobs, save 175 jobs, and generate more than $133 million in private investment.

The investments announced yesterday afternoon include a $1 million EDA grant to the city of Cleveland, and a $951,501 EDA grant to the Joint Development Authority of Jeff Davis, Hazlehurst and Denton counties.

The mission of the U.S. EDA is to lead the federal economic development agenda by promoting innovation and competitiveness and preparing the nation’s regions for growth and success in the worldwide economy.

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