EDA FUnding Programs
EDA provides economic development grants that help communities and regions develop or improve assets so that businesses can successfully form, grow, and innovate. To be considered competitive under most of the programs, applicants must include well thought out project narratives, demonstrate need for funding through economic distress criteria, and show alignment with the region's CEDS as well as EDA's investment priorities. It is recommended that those seeking EDA funding first connect with the Bay-Lake RPC, the Economic Development District or EDD for the region, to determine eligibility and continue to work with the EDD on developing project applications.
Empowers distressed communities to revitalize, expand, and upgrade their physical infrastructure to attract new industry, encourage business expansion, diversify local economies, and generate or retain long-term, private sector jobs and investment.
Printable Public Works Program (PDF)
Assists state and local interests in designing and implementing strategies to adjust or bring about change to an economy. The program focuses on areas that have experienced or are under threat of serious structural damage to the underlying economic base. Under Economic Adjustment, EDA administers its Revolving Loan Fund (RLF) Program, which supplies small businesses and entrepreneurs with the gap financing needed to start or expand their business.
Printable Economic Adjustment Program (PDF)
Supports local organizations (Economic Development Districts, Indian Tribes, and other eligible areas) with short and long-term planning efforts. The Comprehensive Economic Development Strategy (CEDS) Content Guidelines, provides suggestions, tools, and resources for developing comprehensive economic development strategies.
Printable Planning Program (PDF)
Build to Scale (formerly known as Regional Innovation Strategies)
The Build to Scale (B2S) Program builds regional economies through scalable startups and includes three competitions supporting entrepreneurship, acceleration of company growth and increased access to risk capital across regional economies.
Trade Adjustment Assistance for Firms
A national network of 11 Trade Adjustment Assistance Centers to help strengthen the competitiveness of American companies that have lost domestic sales and employment because of increased imports of similar goods and services.
Printable Trade Adjustment Assistance for Firms Program (PDF)
A partnership of the federal government and academia that makes the varied and vast resources of universities available to the economic development community.
Printable University Centers Program (PDF)
Report: Making Connections, Evaluation Project to Assess Best Practices in EDA’s University Center Program (PDF)
Research and National Technical Assistance
The RNTA program funds research, evaluation, and national technical assistance projects that promote competitiveness and innovation in distressed rural and urban regions throughout the United States and its territories.
Local Technical Assistance
Helps fill the knowledge and information gaps that may prevent leaders in the public and nonprofit sectors in distressed areas from making optimal decisions on local economic development issues.
Printable Local Technical Assistance Program (PDF)
Economic Development Integration
EDA possesses broad and deep experience in successfully coordinating resources across multiple programs and special initiatives. Based upon this experience and EDA’s historic track record of successful collaboration with a range of stakeholders (both federal and non-federal), the Office of Management and Budget (OMB) has designated EDA to lead the federal government’s efforts to maximize the integration of economic development resources from all sources, including federal, state, local and philanthropic, to achieve more impactful and sustainable outcomes for communities across America.