The Economic Development Administration (EDA) works in partnership with state and local governments, regional economic development districts, public and private nonprofit organizations, and Indian tribes. EDA helps distressed communities address problems associated with long-term economic distress, as well as sudden and severe economic dislocations. EDA was established to generate jobs, help retain existing jobs, stimulate economic growth in economically distressed areas. EDA programs promote comprehensive innovation based economic development efforts to enhance the competitiveness of regions; support technology led development, accelerate new business development and enhance the ability of regions to capitalize on opportunities presented by free trade, resulting in increased private investment and higher skill, higher-wage jobs. EDA will provide public works investments to support the construction or rehabilitation of essential public infrastructure and facilities necessary to generate or retain private sector jobs and investments. Visit the EDA Website
to view additional information on each program listed below.
Public Works and Economic Development Program
Public Works and Economic Development investments help support the construction or rehabilitation of essential public infrastructure and facilities necessary to generate or retain private sector jobs and investments, attract private sector capital, and promote regional competitiveness, including investments that expand and upgrade infrastructure to attract new industry, support technology-led development, redevelop brownfield sites and provide eco-industrial development. Visit this website for more information.
Economic Adjustment Assistance Program
The Economic Adjustment Assistance Program provides a wide range of technical, planning and infrastructure assistance in regions experiencing adverse economic changes that may occur suddenly or over time. This program is designed to respond flexibly to pressing economic recovery issues and is well suited to help address challenges faced by U.S. regions and communities. Visit this website for more information.
Community Trade Adjustment Assistance Program
EDA's Community Trade Adjustment Assistance (Community TAA) Program, which was created by the American Recovery and Reinvestment Act of 2009, is aimed at helping to create and retain jobs by providing project grants to communities [cities, counties, or other political subdivisions of a state or a consortium of political subdivisions of a state, including District Organizations of Economic Development Districts (EDDs)] that have experienced, or are threatened by, job loss resulting from international trade impacts. More information on the program can be found at this website.
Local Technical Assistance
The Local Technical Assistance Program helps fill the knowledge and information gaps that may prevent leaders in the public and nonprofit sectors in economically distressed regions from making optimal decisions on local economic development issues. Click here to visit the Ohio Local Technical Assistance Program Center.
Partnership Planning Program
The Partnership Planning Program helps support planning organizations, including District Organizations and Indian Tribes, in the development, implementation, revision or replacement of comprehensive economic development strategies (CEDS), and for related short-term planning investments and state plans designed to create and retain higher-skill, higher-wage jobs, particularly for the unemployed and underemployed in the nation’s most economically distressed regions. For more information click here.
Trade Adjustment Assistance for Firms Program
EDA administers the Trade Adjustment Assistance for Firms Program through a national network of eleven 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. For more information visit this website.
Global Climate Change Mitigation Incentive Fund
EDA's Global Climate Change Mitigation Incentive Fund (GCCMIF) was established to strengthen the linkages between economic development and environmental quality. The purpose and mission of the GCCMIF is to finance projects that foster economic development by advancing the green economy in distressed communities. The GCCMIF supports projects that create jobs through, and increase private capital investment in, efforts to limit the nation's dependence on fossil fuels, enhance energy efficiency, curb greenhouse gas emissions and protect natural systems. For more information visit this website.
University Center Economic Development Program
The University Center Economic Development Program is a partnership between the federal government and academia that helps to make the varied and vast resources of universities available to economic development communities. For more information visit this website.