The Department of Commerce Economic Development Administration awarded a $61.5 million cooperative agreement to the International Economic Development Council under the Economic Adjustment Assistance program. The award funds the Economic Recovery Corps project to create a national recovery corps of at least 65 fellows embedded in economic development organizations across the United States. Over three years, fellows will help regions recover from the COVID-19 pandemic by increasing the capacity...
This $10.8 million cooperative agreement from the Department of Commerce Economic Development Administration supports the National Association of Development Organizations Research Foundation and its sub-awardees to establish a formal Economic Development District Community of Practice over five years. The National Association of Development Organizations Research Foundation will organize, manage, and promote the Community of Practice in partnership with the National Association of Regional...
The Economic Development Administration of the Department of Commerce awarded a $666,791 cooperative agreement to the Economic Innovation Group, Inc. from July 1, 2021 to June 30, 2023 under the Research and Evaluation Program. Through this funding, Economic Innovation Group will advance economic development in persistently poor communities by developing tools, recommendations, and resources to shape federal economic development policies and inform decision-making. The Research and Evaluation...
The Department of Commerce Economic Development Administration awarded a $10.9 million cooperative agreement under the Economic Adjustment Assistance program (CFDA 11.307) to the New Growth Innovation Network to unite community-based organizations, economic development districts, and economic development organizations in partnerships. The award will fund the New Growth Innovation Network project from October 2022 to October 2025. The project aims to advance equity in economic development and...
This $1.1 million cooperative agreement from the Department of Commerce's Economic Development Administration supports the University of Michigan's Economic Growth Institute and New Growth Innovation Network to identify and evaluate best practices in equity and inclusion from Phase 2 Build Back Better Regional Challenge and Good Jobs Challenge projects. Through 2026, the research team will document and assess collective efforts to achieve equitable and inclusive outcomes from these American...
The U.S. Department of Commerce Economic Development Administration awarded a $3.1 million cooperative agreement to the Northeast-Midwest Institute under the Economic Adjustment Assistance program (CFDA 11.307) to establish the Manufacturing Communities National Expansion Project from September 2022 through September 2026. The project will connect EDA grantees and other manufacturing stakeholders across the country through a manufacturing-focused Community of Practice. Over four years, this...
The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $7 million cooperative agreement to the State Science & Technology Institute (SSTI) and Association of University Research Parks (AURP) under the Economic Adjustment Assistance (EAA) program (CFDA #11.307). Over four years, SSTI and AURP will establish a Technology-Based Economic Development Community of Practice to strengthen the capacity of EDA grantees. They will identify and share best practices, foster...
This $222,438 EDA CARES Act project grant from the Department of Commerce's Economic Adjustment Assistance program will fund the Indiana Economic Development Association Foundation's development of a statewide rural economic development model. The Foundation will analyze industry clusters, infrastructure, workforce needs, and policies impacting critical sectors in four regions encompassing 32 counties. The strategic planning process will provide rural leaders with insights on maximizing regional...
The International Economic Development Council (IEDC) will establish a program focused on small business development, entrepreneurship, sustainable tourism recovery, economic diversification, and workforce development in the Commonwealth of the Northern Mariana Islands (CNMI) through a $368,433 project grant awarded on March 22, 2022 by the Department of Commerce's Economic Development Administration (EDA). The program will enhance local capacity to support economic recovery and resilience in...
The Department of Commerce Economic Development Administration awarded a $790,020 project grant to the Institute For Local Self-Reliance, Inc. to improve the capacity of revolving loan fund CARES Act recipients to deploy capital with an emphasis on improving access to loans for diverse business owners. Under the Economic Development Technical Assistance federal grant program, the Institute For Local Self-Reliance will provide technical assistance to revolving loan fund recipients from July 1,...