Tuesday, February 15, 2011

Passing Along EDA Request for Comments on Regulations

Monday, Feb 14, 2011
EDA Seeks Public Comment on Regulations

The U.S. Economic Development Administration (EDA) is asking its stakeholders to help the agency update its regulations so it can more effectively partner with communities and organizations to create jobs and economic growth.  Earlier this month, EDA published a Federal Register Notice requesting public comment on the agency’s regulations, particularly ways EDA can revise the process to provide better economic development services.  We encourage you to share your thoughts and ideas about EDA’s regulations here on EDA’s website, where you can also see the ideas others have submitted. 
EDA’s regulations are an important tool for the agency’s economic development assistance programs as they provide the framework through which the agency selects, awards, and administers its investments.  The agency is particularly interested in learning of any perceived impediments to contemporary economic development practices that are produced as a cause or consequence of a particular regulation.  Although EDA welcomes comments on all of its regulations, the agency requests particular input on how the regulations impact the creation and growth of Regional Innovation Clusters (RICs) and property management issues.
Read President Obama’s Executive Order calling for a government-wide review of all regulations and his editorial in the Wall Street Journal calling for a 21st-century regulatory system.
Go to www.edaregulations.ideascale.com to share your comments, recommendations, ideas and feedback regarding EDA’

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