Overview

• The executive order focuses on aiding 'left-behind communities,' including factory towns, coal regions, and disaster-affected areas, through targeted federal investments.
• A 'No Wrong Door' approach is introduced to help communities navigate federal resources more effectively, making grant applications and support services more accessible.
• The Biden Administration announced $235 million in new economic development awards, including $210 million for six Tech Hubs and $25 million for workforce training programs.
• This effort builds on four years of historic investments in manufacturing, clean energy, and infrastructure, with $54 billion directed to Energy Communities and over $700 million for Tech Hubs to date.
• The initiative aims to address long-term economic challenges, reduce regional inequality, and strengthen resilience in areas undergoing industrial transitions or recovering from natural disasters.