Guam - The U.S. Commerce Department's Economic Development Administration has awarded the University of Guam a $150,000 grant that will be used to prepare a strategic plan for the revitalization of commercial and entrepreneurial activity in downtown Hagatna. 

Assistant Secretary of Commerce for Economic Development John Fernandez says the grant will develop a long-term coordinated and collaborative approach for redevelopment of the capital village of Hagatna and the other villages on Guam to support sustainable entrepreneurial and cultural activities.