This program is a great fit for your business. By applying, you have the chance to receive grants for regional economic development plans. These funds can support you in creating Comprehensive Economic Development Strategies (CEDS), which help identify important economic goals for your area. This means you can actively shape the future of your region while boosting your business’s resilience and prosperity.

What’s in it for you? Firstly, there’s access to expert advice and technical assistance which strengthens your economic development efforts. Secondly, the program is flexible. You can use the funds for various purposes, including feasibility studies and economic impact analyses. This support empowers you to make informed decisions about your business growth, all without the pressure of immediate payback.

With no specific revenue constraints, this program is accessible to businesses of all sizes. Being approved not only benefits you directly but also contributes to higher-quality job creation in your community. In simple terms, this is an opportunity to grow your business while enhancing the economic health of your region.

Type of Financing
This program offers Partnership Planning grants. These are not loans, so you won't need to pay them back. They are designed to support your regional economic development plans and strategies.

Repayment Terms & Eligible Expenses
Since these are grants, there are no repayment terms or interest rates to worry about. You can use the funds for a variety of activities, such as developing and implementing Comprehensive Economic Development Strategies (CEDS), conducting feasibility analyses, and performing impact studies. The funds are aimed at building capacity and guiding economic prosperity in your area.

Ineligible Expenses & Fees
These grants cannot be used for personal expenses or projects outside the scope of economic development strategies. Additionally, there are no application fees or hidden costs associated with receiving these funds. It's designed to be straightforward and accessible for your business.

• Location: Must be located in an EDA designated Economic Development District or be an Indian Tribe.
• Sectors: Open to all sectors.
• Employees: No minimum or maximum number of employees required.
• Company Revenue: No minimum or maximum revenue qualifications.
• Legal Structure: All legal structures are eligible.
• Profit Structure: All profit structures are eligible.

Disqualifications:

• No specific disqualifications mentioned in the context.

This program is designed to support your business by providing grants for regional economic development plans. You can receive funding to create Comprehensive Economic Development Strategies (CEDS), which help identify the economic goals that are important for your area. This means you can actively shape the future of your region while also enhancing the resilience and prosperity of your business.

The program supports eligible organizations, including District Organizations and Indian Tribes, in developing plans that promote high-quality job creation, especially in areas facing economic challenges. You can also gain access to expert advice and technical assistance that will strengthen your economic development efforts. No specific maximum or minimum revenue is required, making it accessible to businesses of all sizes.

The program is flexible, allowing you to use the funds for various purposes, such as feasibility studies and economic impact analyses. This means you can have the support you need to make informed decisions about your business’s growth and future strategies, all without any pressure of immediate payback. In essence, this is a valuable opportunity to invest in your business while contributing to the broader community's economic health.