August 20, 2010

CARDIN, MIKULSKI ANNOUNCE GRANT TO PROMOTE JOBS, INVESTMENT ON MARYLAND'S LOWER EASTERN SHORE

Somerset, Wicomico and Worcester counties to benefit from economic development funds

WASHINGTON. - U.S. Senators Benjamin L. Cardin and Barbara A. Mikulski (both D-MD) today announced the Tri County Council for the Lower Eastern Shore of Maryland was awarded a $70,000 grant from the U.S. Department of Commerce (DOC) that will help bring private investment and jobs to Maryland's Somerset, Wicomico and Worcester counties. This is the first installment of a 3-year grant that will total $210,000.

 

 

"This grant is a commitment to the residents of Maryland's Lower Shore in their future economic growth," said Senator Cardin. "I am pleased that the Tri County Council will use this grant to develop a comprehensive economic strategy that will attract private investment to ensure future business opportunities and jobs for area residents."

 

 

 

 

 "This federal funding is an investment in jobs today and jobs tomorrow on Maryland's Eastern Shore," Senator Mikulski said. "This federal grant provides double value for the taxpayer dollar, creating jobs while helping our Eastern Shore communities grow. I'm so proud to support grants that attract new businesses and pursue economic development, and I will keep fighting in the U.S. Senate for federal investment in Maryland communities."

 

 

 

 

The funds, awarded by the DOC's Economic Development Administration (EDA), will provide operational support to the Tri County Council for the Lower Eastern Shore, whose objective is to develop and implement a comprehensive economic development strategy for the region. The Tri County Council works with businesses, state and local agencies, and other stakeholders to ensure the region has the infrastructure and workforce necessary for sustained economic growth.

 

 

 

 

EDA serves as a resource to meet the economic development needs of distressed communities throughout the United States. EDA promotes innovation and competitiveness, preparing American regions for growth and success in the global economy. For more information, visit

http://www.eda.gov/AboutEDA/AbtEDA.xml .