What is it? The federal Economic Development Administration invests in local communities for economic development purposes. Grant programs include:

• Public Works and Economic Development Program
• Economic Adjustment Assistance Program
• Research and National Technical Assistance
• Local Technical Assistance
• Planning Program
• University Center Economic Development Program
• Trade Adjustment Assistance for Firms Program

Who's eligible? Grants are available to municipalities, businesses, planning and economic development organizations, depending on the program. The programs listed above support public infrastructure and facilities making private investments more appealing; comprehensive assistance for regions experiencing adverse economic changes; information management; and more.

How much is available? Grant amounts vary. Most programs require 50% match of project cost.

What are the terms for agreement? Applicants must meet eligibility requirements, and apply through a specified EDA procedure. Reports and audits are required on a prescribed timeline.

Click here for more information on the various EDA Grants and application information.