U.S. Department of Commerce Invests $2.2 Million to Boost Economic Diversification Efforts in Ohio’s 18-County Appalachian Region

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to Ohio University, Athens, Ohio, to provide technical assistance to accelerate the economic transition to new industries in 18 counties in Appalachian Ohio. The EDA grant will be matched with $550,000 in local funds.

Over the two-year project period, specialists will help regional leaders devise strategies to accelerate the economy’s transition to new industries and communities will develop prospectuses to help utilize the region’s Opportunity Zones

Read the complete press release at the US EDA website: https://eda.gov/news/press-releases/2021/01/07/athens-oh.htm