EDA Annual Report

U.S. Economic Development Administration 27 June 2016

On August 29, 2015, 10 years to the day that Hurricane Katrina made landfall in the city, EDA awarded $300,000 to support the Water Accelerator program, a regional entrepreneurship initiative dedicated to building the city’s water industry cluster. The EDA-funded program will provide business consulting services, technical assistance, mentoring, and other resources as needed to facilitate the growth of an estimated 10 to 20 businesses looking to address regional coastal and urban water issues, especially as it relates to coastal restoration, urban water retention and quality, maritime industries and ports, and fisheries.