EDA’s Office of Innovation and Entrepreneurship (OIE) leads the Regional Innovation Strategies Program competition to spur innovation capacity-building activities in regions across the nation. The program is authorized through the America COMPETES reauthorization Act of 2010, and received a dedicated appropriation for the first time in FY 2014.
EDA seeks applications to develop and test measures, metrics, indicators, and methodologies to help the agency more effectively assess, evaluate, and report on the full impact of its economic development investments on regional economies across the Nation. Proposals must discuss how robust indicators and metrics will be identified; establish appropriate program metrics for EDA investments and validate the statistical relationship between grant outputs and outcomes (capacity building) and realized (economic growth, competitiveness and sustainability) outcomes. EDA is particularly interested in appropriate program metrics for non-construction, innovation-supporting programs. Models must include testing on EDA grantees, an impact analysis design and how a valid statistical methodology will corroborate that the proposed metric model works. All metrics should be consistent with EDA’s logic model. Deliverables will include an implementation toolkit accessible to EDA staff with operational recommendations in addition to reports establishing proven metrics, supporting analysis and statistical corroboration.
The Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative is a new interagency effort to assist communities negatively impacted by changes in the coal industry and power sector. Booming natural gas production, declining costs for renewable energy, increases in energy efficiency, flattening electricity demand, and updated clean air standards are changing the way electricity is generated and used across the country. These industry shifts are impacting workers and communities who have relied on the coal economy as a source of good jobs and economic prosperity.
Although the last published application deadline for EDA’s FY 2015 Public Works and Economic Adjustment programs was June 12, 2015, EDA is still accepting applications for review and consideration. Please be aware that EDA is updating and streamlining its application process and forms for FY 2016 and that information will be forthcoming.
If you have inquiries about possible EDA assistance for your project, please contact the regional office point of contact with jurisdiction over your state. Our list of state contacts can be found at: http://www.eda.gov/contact/.
To make sure you are up-to-date on the latest funding opportunities and EDA news, sign up for EDA’s mailing list at http://www.eda.gov/news/newsletters/subscribe.htm.
Under this FFO, EDA solicits applications from applicants in rural and urban areas to provide investments that support construction, non-construction, technical assistance, and revolving loan fund projects under EDA’s Public Works and Economic Adjustment Assistance programs. Grants and cooperative agreements made under these programs are designed to leverage existing regional assets and support the implementation of economic development strategies that advance new ideas and creative approaches to advance economic prosperity in distressed communities.
Under the Planning program EDA assists eligible recipients in creating regional economic development plans designed to stimulate and guide the economic development efforts of a community or region.
(Required documents for submitting an application for construction assistance to EDA)