July 06, 2018
Van Hollen, Cardin Announce $140,000 for Eastern Shore Economic Development
U.S. Senators Chris Van Hollen and Ben Cardin have announced that the Economic Development Administration (EDA) will award $140,000 to the Eastern Shore for the development and implementation of a comprehensive economic development strategy (CEDS). Both the Tri-County Council for the Lower Eastern Shore and the Mid-Shore Regional Council will receive $70,000, benefiting Somerset, Wicomico, Worcester, Caroline, Dorchester, and Talbot counties. Each CEDS plan will be geared toward bringing together public and private organizations to create new, unique job opportunities and strengthen the regional economy.
"A healthy economy on the Eastern Shore is vital to the strength and success of Maryland. From the tourism industry, to seafood and farming, to breweries and local businesses, everywhere you look there are new and exciting opportunities. This funding will help ensure we're able to capitalize on these opportunities and leverage both the private and public sectors to create jobs,” said Senator Van Hollen, a member of the Senate Appropriations Committee. “We worked hard to secure funding for the Economic Development Agency in the Appropriations Committee, and I will to fight to invest in Maryland’s economy.”
“These funds are a federal investment in the Eastern Shore’s economy. They will help facilitate public-private partnerships that will create well-paying, local jobs for residents, bringing added stability to countless families. These are precisely the types of investments we need to be making across the state to keep our local economies growing,” said Senator Cardin, a member of the Senate Finance Committee. “I’m committed to seeing that the Eastern Shore – and every corner of Maryland – continues to receive the resources it needs to flourish.”
The EDA awards federal funds to spur job growth and economic advancement across the United States. Emphasizing regional collaboration and innovation, the EDA helps local economies adopt new approaches to job growth and adapt to changing economic conditions.
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