Senator Durbin Announces Nearly $170,000 Investment To Create Jobs And Boost Development in the Quad-Cities

WASHINGTON, D.C.–(ENEWSPF)–June 23, 2014.  U.S. Senator Dick Durbin (D-IL) today announced that the U.S. Department of Commerce’s (DOC) Economic Development Administration (EDA) has awarded $169,884 in Economic Development District Planning funding to the Bi-State Regional Commission in the Quad Cities to create jobs and boost economic development in the region.

“Today’s funding will help the Quad Cities region create and implement a plan for continued economic growth – one that leverages new investment to promote small businesses and create jobs in the community,” said Durbin. 

The Bi-State Regional Commission will use today’s funding to establish a comprehensive economic development strategy in Henry, Mercer, and Rock Island counties in Illinois and Muscatine and Scott counties in Iowa that supports private capital investment and job creation.

EDA is an agency within the U.S. Commerce Department and supports the economic development needs of distressed communities throughout the United States. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness and preparing American regions for growth and success in the worldwide economy.

Source: durbin.senate.gov