This program is a fantastic opportunity for you and your business. By applying, you can access grants to support regional economic development planning. This means you'll receive the resources needed to tailor strategies that meet the unique needs of your area. You'll be in a position to invest in projects that create high-quality jobs, which is especially valuable if you're in an economically distressed region.

Additionally, this program offers technical assistance to strengthen your organization. You can benefit from feasibility studies and expert guidance to ensure your economic development efforts align with your community’s needs. With no strict repayment conditions, you can focus on growth and expand your business without the pressure of repayments. This is your chance to enhance your capacity and make a lasting impact in your community.

Type of Financing
This program offers grant-based investments. Grants do not need to be repaid, making them an excellent option for your business.

Eligible Expenses
Funds from these grants can be used for:

• Developing and implementing Comprehensive Economic Development Strategies (CEDS).
• Conducting feasibility analyses and impact studies.
• Strengthening local organizations and institutions.
• Supporting employment opportunities, especially in economically distressed areas.

Restrictions and Fees
Here’s what the funds cannot be used for:

• General operating expenses or unrelated projects.
• Personal expenditures or services that do not align with eligible activities.

Additionally, there are no fees associated with applying for or receiving these grants. It's truly a straightforward process aimed at helping your business thrive.

• Location: Must be within EDA designated Economic Development Districts in the United States or an Indian Tribe.
• Sectors: Open to all sectors.
• Minimum Employees: No minimum employee requirement.
• Maximum Employees: No maximum employee limit.
• Minimum Company Revenue: No minimum revenue qualification.
• Maximum Company Revenue: No maximum revenue limit.
• Legal Structure: All legal structures eligible.
• Profit Structure: All profit structures eligible.

Disqualifications: None mentioned.

This program is designed to help you and your business thrive. You can access grants that support regional economic development planning. This means that you can get the resources you need to create a plan tailored to the unique needs of your area. By doing this, you help foster economic prosperity and resiliency in your community.

With this funding, you can invest in projects that lead to high-quality job creation. It's especially beneficial if you're in an economically distressed region. This program also offers technical assistance to strengthen your organization. Whether it’s feasibility studies or local economic strategies, you’ll receive guidance to ensure that your efforts are effective.

There are no strict conditions on payback for these grants, so you can focus on growth without the pressure of repayments. You have the flexibility to use the funds to meet your business’s needs while contributing to the economic development of your region. This is an excellent opportunity to increase your capacity and make a lasting impact.