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U.S. Economic Development Administration

U.S. Economic Development Administration

District of Columbiaeda.gov

Overview

The U.S. Economic Development Administration (EDA) is an agency within the U.S. Department of Commerce that provides grants and technical assistance to economically distressed communities. Its mission is to generate new employment, help retain existing jobs, and stimulate industrial and commercial growth through a variety of investment programs. The EDA works with communities and boards across the country on regional economic development strategies to attract private investment and create jobs in economically distressed areas.

Year Founded

1965

Portfolio Companies

9

Website

eda.gov

Investments

U.S. Economic Development Administration investments
CompanyDateStageLead
DronePort NetworkMar 2025GrantLead
RoeblingAug 2024GrantCo-investor
New York Embroidery StudioJul 2024GrantCo-investor
InteraptAug 2023GrantLead
LazarilloMar 2023AcceleratorCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersDistrict of Columbia
Year Founded1965

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