This program is tailored for businesses like yours, aiming to foster economic growth within your community. By participating, you can access grant funding that enables you to create effective regional economic development plans. These plans not only provide a roadmap to long-term prosperity but also aim to create and retain quality jobs, contributing to the overall health of your local economy.

The benefits of applying are numerous. You will gain access to expert advice and technical assistance. This includes resources for conducting feasibility analyses and impact studies, giving you the insights needed to make informed decisions. Additionally, partnering with local organizations strengthens your economic development efforts, ensuring that high-quality jobs remain available for those who need them most. By being part of this initiative, your business can thrive while making a significant impact in your community.

There's no minimum or maximum revenue required, making this opportunity accessible regardless of your business size. The application process is straightforward, and with your qualifications, you're well-positioned to take advantage of what this program offers.

Type of Financing
This program offers grants. Grants are funds that you do not need to repay, making them a valuable resource for your business.

Eligible Expenses
You can use the funds for a variety of eligible expenses, including:

• Developing and implementing Comprehensive Economic Development Strategies (CEDS)
• Conducting feasibility analyses
• Performing impact studies
• Supporting local, state, and tribal organizations in economic development activities

Restrictions and Fees
The funds cannot be used for personal expenses or unrelated business activities. Additionally, there are typically no fees associated with applying for or managing these grants. This means you can focus on growing your business without worrying about hidden costs.

• Must be located in designated Economic Development Districts or be an Indian Tribe.
• Available to all sectors.
• No minimum or maximum employee requirement.
• No minimum or maximum revenue qualification.
• All legal structures are applicable.
• All profit structures are applicable.

Disqualifications:

• No specific disqualifications are mentioned in the provided context.

This program is designed to help you boost the economic growth of your area. It offers grant funding to create strong regional economic development plans. These plans can guide your business to achieve long-term prosperity and resilience.

With this support, you can build capacity and execute projects that create and retain quality jobs. The program also helps local organizations enhance their economic development efforts, ensuring that high-quality jobs are available for the unemployed and underemployed in your community.

Furthermore, you can benefit from expert advice and technical assistance. This includes funding for feasibility analyses and impact studies, which can provide vital insights into your projects. Overall, this program is a valuable resource to make your business thrive while driving economic change in your region.