The EDA supports businesses through various programs and initiatives designed to address economic challenges and opportunities. These include:
1. Grants and Loans: The EDA offers grants and loans to support infrastructure projects, business incubators, and other initiatives that stimulate economic activity. 2. Technical Assistance: The EDA provides expertise and resources to help local governments and organizations plan and implement economic development strategies. 3. Partnerships: The EDA collaborates with regional development organizations, academic institutions, and private sector partners to leverage resources and drive economic growth.