Sioux Falls, SD – U.S. Senator Tim Johnson (D-SD) announced today that Sanford Health/South Eastern Council of Governments in Sioux Falls will receive a $890,400 grant from the United States Department of Commerce’s Economic Development Administration (EDA) to purchase equipment and expand the work being done at the new research center. The funding could leverage up to $18 million in private investment.
“I’m pleased that Sanford Health will receive this funding to continue research in the local community,” said Johnson. “This is the sort of investment I promote as part of my Hometown Prosperity Plan, and it’s more important than ever in this economy.”
Johnson has continually supported the EDA and economic development in South Dakota as a member of the Appropriations Committee.
The EDA was established in the 1960s to generate jobs, help retain existing jobs, and stimulate industrial and commercial growth in economically distressed areas of the United States. EDA assistance is available to rural and urban areas of the nation experiencing high unemployment, low income, or other severe economic distress. The funding will create public and private sector partnerships to create economic development programs and strengthen the regional economy.
Senator Johnson's Hometown Prosperity Plan is a four-pillar agenda for advancing South Dakota's economy from the federal level. The four pillars, or strategies, include “Promoting Partnerships,” “Emphasizing Entrepreneurship,” “Investing in the Public Good,” and “Protecting Pocketbooks.” The full plan includes specific actions related to each strategy and can be downloaded from http://johnson.senate.gov.
Stacy Bauer Jones | Media Relations Manager | Sioux Falls Region
605-328-7056 or 605-366-2432 | firstname.lastname@example.org
Julianne Fisher | 202-224-1638