EDA releases FY 2015 funding opportunity to support long-term job creation
The U.S. Economic Development Administration’s FY 2015 Economic Development Assistance Programs Federal Funding Opportunity (EDAP/FFO) was just made publically available.
EDA’s Public Works and Economic Adjustment Assistance programs provide grant funds to help distressed communities access resources to advance key infrastructure and related projects that will lead to long-term job creation and private investment. EDA awards are competitively made. Competitive applications under this FFO will have a clear and eligible scope of work, committed Matching Share funds (generally 50% or 1:1 Matching funds are required), commitment letters certifying job creation estimates from private sector firms, and a clear link between the proposed project and the region’s CEDS and broad development goals.
Upcoming grant deadlines for these programs are March 12 and June 12, 2015.
Applicants are strongly advised to work with their applicable EDA State Representative to understand EDA’s grant requirements and how to develop the project and application in a way that will be most competitive for EDA funding. The NC EDA State Representative contact information is below:
North Carolina Economic Development Representative
U.S. Department of Commerce, Economic Development Administration