The Economic Development Administration (EDA) plays a critical role in providing resources and assistance for economic development efforts across the entire nation. So, is there an Economic Development Administration in Miami? If so, how can they help you? Read on to learn more!
What Is the EDA?
The EDA is an agency in the United States Department of Commerce responsible for providing grants, technical assistance, and additional resources to economically challenged communities.
By doing this, the EDA’s goal is to promote commercial and industrial growth, as well as generate new employment and retain existing employment. This is achieved through multiple investment programs.
The Economic Development Administration offers and employs American rescue plans, funding opportunities, several programs, and even more resources to promote innovation, competitiveness, growth, and success both in America and, subsequently, worldwide.
Is There an Economic Development Administration in Miami? Who Are They?
The Economic Development Council of South Miami-Dade is proud to serve Florida residents and honor the Economic Development Administration’s mission. The EDC was established in 1993 after Hurricane Andrew, with the board members witnessing and empathizing with the needs of South-Miami Dade residents.
The EDC works hard to support the local economy, indiscriminately committed to their mission to boost economic success, assist in small business goals, and discover monetary incentives. The Economic Development Council of South Miami-Dade attracts, expands, and retains a diverse range of businesses, just as diverse as the people they improve the quality of lives of with higher wages, better jobs, and job retention.
While there may be other councils in South Florida that share a similar goal, The Economic Development Council of South Miami-Dade is proud to say they make big changes by focusing on small businesses and communities, ranging from retail to healthcare, in the South Miami-Dade area.
See We Can Help You at The Economic Development Council of South Miami-Dade!
When you ask, “Is there an Economic Development Administration in Miami,” the Economic Development Council of South Miami-Dade is happy to provide answers! Our commitment towards education, funding, and supplying resources to our communities never rests.
Contact us today to learn more about how we help both big and small with flourishing economic development to achieve a better community for all!