HomeMy WebLinkAbout100523 EDA's Impact - News from the Economic Development AdministrationALERT: BE CAUTIOUS This email originated outside the organization. Do not open attachments or click on links if you are not expecting them.
EDA's Impact - News from the Economic Development Administration
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October 2023
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FEATURED
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EDA Projects Strengthen U.S. Manufacturing Base
October is recognized as Manufacturing Month and beyond the jobs the sector provides, manufacturing is a major source of innovation for the United States. Manufacturing is one of EDA’s
investment priorities, which provide an overarching framework to ensure that our investment portfolio supports prosperous and resilient regional economies.
EDA’s suite of flexible grant programs supports a wide range of economic development projects to strengthen the U.S. manufacturing base and build an economy where American manufacturers
drive global progress through innovation.
[Read More about EDA’s Manufacturing Investments] <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDEsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3LmVkYS5nb3YvbmV3cy9ibG9nLzIwM
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HIGHLIGHTS
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Recompete Pilot Program Phase 1 Applications Due
The EDA team will soon begin the process of evaluating applications received for Phase 1 of the Recompete Pilot Program. Applications are due at 11:59pm EST on October 5, 2023. Phase
1 of the competition will award strategy development grants and approval of Recompete Plans. Applicants with approved Recompete Plans will be invited to apply for implementation funds
under the Recompete Pilot Phase 2 NOFO. [Read More] <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDIsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3LmVkYS5nb3YvZnVuZGluZy9wcm
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23 Colleges and Universities Named University Centers
In EDA’s Austin and Denver regions, 23 colleges and universities were named EDA University Centers. EDA is providing these schools a total of $16.5 million to administer programs to
leverage university assets, promote innovation, and strengthen regional economies. There are now 73 EDA University Centers across the country. [Read More] <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJ
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STEM Talent Challenge Grantees Announced
EDA announced 11 recipients of the 2023 STEM Talent Challenge, a $4.5 million national competition that supports programs to train science, technology, engineering, and math talent and
fuel regional innovation economies across the nation. [Read More] <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDQsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3LmVkYS5nb3Yv
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IN OUR COMMUNITIES
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DELAWARE & PENNSYLVANIA
Empowering Small Businesses
An EDA-funded Revolving Loan Fund enabled businesses in Delaware and Pennsylvania to continue operating during the pandemic. The funding supported dozens of businesses allowing them
to remain open and keep employees on board. [Read More] <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDYsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3LmVkYS5nb3YvaW1wYWN0L3
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TEXAS
Getting Drivers on the Road
Demand for CDL drivers in Texas has never been higher, yet a challenge in testing proved to delay trained drivers from getting on the road. Thanks to an EDA investment, the largest CDL
examination center in the state is now open and can process 20,000 CDL exams each year. [Read More] <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDcsInVyaSI6ImJwMjpjbGljayIsIn
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WASHINGTON
Data Driven Investments
New tools are helping to advance regionally focused economic development in Washington state. During the planning process for updating their Comprehensive Economic Development Strategy
(CEDS), the Cowlitz-Wahkiakim Council of Governments used EDA’s data and tools to lessen some of the workload and to make informed, equitable decisions. [Read More] <https://lnks.gd/l/eyJhbGciOiJIUz
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