Economic Development Administration (EDA)
$500,000 won
Partnership Building
Verified Win

EDA Economic Adjustment Assistance: the regional strategy and job creation framing

The Economic Development Administration (EDA) funds projects that create jobs and strengthen regional economies. Frame your proposal as part of a regional economic development strategy, not as a standalone project.

Robert Anderson

Executive Director

Central Valley Regional Economic Development Collaborative

44 upvotes

The Strategy

The Economic Development Administration (EDA), part of the US Department of Commerce, funds projects that create jobs, attract investment, and strengthen regional economies. If your proposal is 'we will train 100 workers,' that is workforce development, not economic development, and EDA may decline it. If it is 'we will build a training center that serves as the anchor of a regional manufacturing cluster strategy,' that is economic development. The regional strategy: EDA funds projects that are part of a regional economic development strategy — a Comprehensive Economic Development Strategy (CEDS) or equivalent. Show how your project is part of a broader regional strategy. Name the strategy, the region, and the lead organization. The job creation: EDA wants to see job creation — direct jobs, indirect jobs, and induced jobs. Show the job creation estimate, the…

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