The U.S. Department of Commerce announced that the Southwestern Pennsylvania New Economy Coalition is one of 60 finalists out of 529 entrants for Phase 1 of the U.S. Economic Development Administration’s (EDA) $1 billion “Build Back Better Regional Challenge”. The Build Back Better Regional Challenge provides transformative investments, up to $100 million per grantee, to develop and strengthen regional industry clusters across the country, all while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.
“We’re proud to be partnering with the Allegheny Conference on Community Development in creating the Southwestern Pennsylvania New Economy Coalition and working together on these important projects. This new coalition will help leverage our region’s first-class and growing robotics and information technology sector into providing more economic development and job creation throughout all of Southwestern Pennsylvania,” said Vincent Valdes, Executive Director of the Southwestern Pennsylvania Commission.
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