Economic Recovery Corps Program
The Economic Development Administration’s (EDA) new Economic Recovery Corps will create a connected network addressing the resource gap between planning and implementation, boosting the capacity of communities to implement locally driven economic development strategies. Through a $30 million cooperative agreement, the ERC will recruit and place more than 65 trained Fellows in economic development organizations throughout the nation. Serving three-year terms, Fellows will help organizations (known as Host Entities) develop and execute regional economic development plans and projects in the communities they serve.
The Economic Recovery Corps program will be run by a coalition of organizations known as the Network Operator, who will develop and grow a strong network among the Fellows, producing real-time insights and benefit to extend across the larger economic development landscape.
The Network Operator is led by the International Economic Development Council. Other coalition members, include:
- Center on Rural Innovation (CORI)
- International City/County Management Association (ICMA)
- National Association of Counties Research Foundation (NACo RF)
- National Association of Development Organizations Research Foundation (NADO RF)
- National League of Cities Institute (NLCI)
- Regional Accelerator and Innovation Network (RAIN)
Through a combination of strategic, operational, and funding support, Fellows will enhance the capacity of their host organizations and help improve economic development outcomes in their host regions. Recruitment for Fellows and Host Entity eligibility will be announced in 2023.
Questions or comments about the Economic Recovery Corps should be addressed to email@example.com.