"The Department of Commerce is pleased to partner with
the people of Ohio. This investment is a great example of Senator Voinovichs
commitment to help the Bush Administration empower local communities with the necessary
tools to grow their economy, attract investments and create jobs in Ohio," said
Sampson.
"Investments like these are key to jumpstarting our economy. They support
existing businesses and jobs and help nurture new economic growth. Im glad
that the Department of Commerce has realized the value of these investments to the
community and Ohio and I look forward to working with the Administration to help identify
other key Ohio projects," said Voinovich.
EDA serves as a venture capital resource to meet the economic development needs of
distressed communities throughout the United States. EDA partners with states, units of
local government and community nonprofit organizations in economically distressed areas,
regions and communities in order to alleviate conditions of poverty and substantial and
persistent unemployment and underemployment.
Additional information on how EDA investments are helping distressed communities create
a positive and sustainable economic future can be accessed at: