U.S. DEPARTMENT OF COMMERCE EDA 101

Overview What Does EDA Do and How Does It Execute Its Mission? Innovation. Regional Collaboration. Job Creation. Overview What Does EDA Do and How Does It Execute Its Mission? How EDA Supports and Drives Progress on Administration Priorities Mini-case study You will walk away from today’s presentation with a better understanding of : What we do Why our work is needed How Commerce’s EDA impacts communities across the country How we advance the Administration's priorities How we can collaborate even more effectively

Innovation. Regional Collaboration. Job Creation. Mission Statement EDA’s mission is to lead the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the worldwide economy. Our Definition: Economic Development creates the conditions for economic growth and improved quality of life by expanding the capacity of individuals, firms, and communities to maximize the use of their talents and skills to support innovation, lower transaction costs, and responsibly produce and trade valuable goods and services. Economic Development requires effective, collaborative institutions focused on advancing mutual gain for the public and the private sector. Economic Development is essential to ensuring our economic future. INSIDE PAGE Template EDA Logo, yellow line and Eagle are part of the background artwork and are not editable (no animation) Slide Title/Sub-title (should appear in the same place on each slide, centered from top/bottom, right justified next to Eagle) Slide Title Font: Arial Narrow, Bold, All Caps; 24pts Color: Blue Character Spacing: Expanded 2.5pts Alignment: Left Line Spacing: Spacing After: 3pts Slide Sub-title Font: Georgia, Italic; 14pts Color: Brown Character Spacing: Normal Alignment: Right Animation: none Heading 1 Font: Arial Narrow, Bold, All Caps; 16pts Text alignment: Left Animation: Fade, after previous, Very fast speed Paragraph First line in paragraph: Font: Georgia, Regular; 18pts Line Spacing: Exactly 23.25 Remaining text in Paragraph: Font: Arial Narrow, Regular; 16pts Character Spacing: Expanded 0.6pts Animation: Fly in, after previous, from right, Very fast speed Line Color: Yellow Size: 1pt Line length should be as wide as paragraph above and callout below Animation: Wipe, after previous, from right, Very fast speed Call out Text Font: Georgia, Regular; 20pts Color: Light Blue Line Spacing: Exactly 30pts Photo Treatment 1 Circle photos are preferred treatment, but must be created in design software such as Adobe Illustrator or Adobe Photoshop Circle photos should be placed on the right or left side of the slide and should be slightly overlapped. Circle photo animation: Faded zoom, after previous, Very fast speed

EDA Investments Create Jobs Innovation. Regional Collaboration. Job Creation. EDA Investments Create Jobs EDA provides economic tools and seed investments to state and local governments, tribal organizations, universities, and non-profits in communities and regions suffering from severe economic distress ★ EDA targets its investments to attract private investment and support long-term job creation EDA is helping communities compete in the 21st century by making catalytic investments that support regional competitiveness, innovation and entrepreneurship EDA investments are focused on locally-developed, regionally-owned economic development strategies that directly contribute to economic development • EDA provides catalytic investments that are designed to support competitive projects across the country which will leverage other public and private funds to realize bottom-up regional strategies and economic development goals. • EDA’s programs provide a portfolio of tools and resources which help support regional competitiveness. Enables the bureau to fund a range of customized investments specifically developed to meet the strategic priorities of applicant communities rather than being cultivated strictly based on formulas.

How EDA Works Integration into your local community’s CEDS Innovation. Regional Collaboration. Job Creation. How EDA Works Integration into your local community’s CEDS EDA Comprehensive Economic Development Strategy (CEDS): The CEDS process is designed to bring together the public and private sectors in the creation of an economic roadmap to diversify and strengthen regional economies. The CEDS should analyze the regional economy and serve as a guide for establishing regional goals and objectives, developing and implementing a regional plan of action, and identifying investment priorities and funding sources. EDA’s Funding Opportunities Economic Development Assistance Programs (EDAP): EDA awards grants that assist state and local governments, and not for profit community-based organizations create jobs, leverage private capital, and strengthen America’s ability to compete in the global marketplace. Community Engagement, Outreach and Integration

Innovation. Regional Collaboration. Job Creation. EDA Serves as the Federal Lead for National Disaster Recovery and Promoting Resilient Regional Economies EDA's role in disaster recovery is to facilitate delivery of federal economic development assistance to local governments for long-term community economic recovery planning, reconstruction, redevelopment and resiliency. Following a disaster, EDA responds by first coordinating with sister bureaus and other agencies engaged in disaster recovery efforts to share information and data on the ramifications of the disaster. EDA also reaches out to its economic development practitioner network (particularly its network of Economic Development Districts (EDD) District Organizations) to collect on-the-ground information on the economic impacts of the disaster event. EDA serves as the Coordinating Agency on behalf of the Department of Commerce for the Economic Recovery Support Function (RSF) in the National Disaster Recovery Framework (NDRF).

PROGRAMS EDA Program Portfolio Public Works Planning Innovation. Regional Collaboration. Job Creation. EDA Program Portfolio University Centers Public Works Planning Local Technical Assistance Economic Adjustment Trade Adjustment Assistance for Firms Regional Innovation Strategies Research & National Technical Assistance PROGRAMS

Project Example: Berkeley County, SC Innovation. Regional Collaboration. Job Creation. Project Example: Berkeley County, SC   Project No.: 04-01-07096 Application Date: June 2015 Award Date: February 2016 Funding $1,650,000 50.00% EDA $1,650,000 50.00% Applicant $3,300,000 100.00% INSIDE PAGE Template EDA Logo, yellow line and Eagle are part of the background artwork and are not editable (no animation) Slide Title/Sub-title (should appear in the same place on each slide, centered from top/bottom, right justified next to Eagle) Slide Title Font: Arial Narrow, Bold, All Caps; 24pts Color: Blue Character Spacing: Expanded 2.5pts Alignment: Left Line Spacing: Spacing After: 3pts Slide Sub-title Font: Georgia, Italic; 14pts Color: Brown Character Spacing: Normal Alignment: Right Animation: none Heading 1 Font: Arial Narrow, Bold, All Caps; 16pts Text alignment: Left Animation: Fade, after previous, Very fast speed Paragraph First line in paragraph: Font: Georgia, Regular; 18pts Line Spacing: Exactly 23.25 Remaining text in Paragraph: Font: Arial Narrow, Regular; 16pts Character Spacing: Expanded 0.6pts Animation: Fly in, after previous, from right, Very fast speed Line Color: Yellow Size: 1pt Line length should be as wide as paragraph above and callout below Animation: Wipe, after previous, from right, Very fast speed Call out Text Font: Georgia, Regular; 20pts Color: Light Blue Line Spacing: Exactly 30pts Photo Treatment 1 Circle photos are preferred treatment, but must be created in design software such as Adobe Illustrator or Adobe Photoshop Circle photos should be placed on the right or left side of the slide and should be slightly overlapped. Circle photo animation: Faded zoom, after previous, Very fast speed

Project Example: Berkeley County, SC Innovation. Regional Collaboration. Job Creation. Project Example: Berkeley County, SC   Project No.: 04-01-07096 Application Date: June 2015 Award Date: February 2016 Funding $1,650,000 50.00% EDA $1,650,000 50.00% Applicant $3,300,000 100.00% INSIDE PAGE Template EDA Logo, yellow line and Eagle are part of the background artwork and are not editable (no animation) Slide Title/Sub-title (should appear in the same place on each slide, centered from top/bottom, right justified next to Eagle) Slide Title Font: Arial Narrow, Bold, All Caps; 24pts Color: Blue Character Spacing: Expanded 2.5pts Alignment: Left Line Spacing: Spacing After: 3pts Slide Sub-title Font: Georgia, Italic; 14pts Color: Brown Character Spacing: Normal Alignment: Right Animation: none Heading 1 Font: Arial Narrow, Bold, All Caps; 16pts Text alignment: Left Animation: Fade, after previous, Very fast speed Paragraph First line in paragraph: Font: Georgia, Regular; 18pts Line Spacing: Exactly 23.25 Remaining text in Paragraph: Font: Arial Narrow, Regular; 16pts Character Spacing: Expanded 0.6pts Animation: Fly in, after previous, from right, Very fast speed Line Color: Yellow Size: 1pt Line length should be as wide as paragraph above and callout below Animation: Wipe, after previous, from right, Very fast speed Call out Text Font: Georgia, Regular; 20pts Color: Light Blue Line Spacing: Exactly 30pts Photo Treatment 1 Circle photos are preferred treatment, but must be created in design software such as Adobe Illustrator or Adobe Photoshop Circle photos should be placed on the right or left side of the slide and should be slightly overlapped. Circle photo animation: Faded zoom, after previous, Very fast speed

Project Example: Berkeley County, SC Innovation. Regional Collaboration. Job Creation. Project Example: Berkeley County, SC  The investment will: Construct sewer infrastructure to support the Volvo phase 1 plant site in Berkeley County, South Carolina. The plant will be incorporated into a larger industrial park encompassing a total of approximately 6,700 acres. Approximately 700 of those acres will be occupied by the Volvo plant. The project is estimated by the grantee to create at least 2,000 new jobs and generate $500,000,000 in private investment. Economic impact analysis estimated that more than 8,000 total jobs would be created as a result. Operating with 2,000 employees, the plant would contribute approximately $4.8 billion in total economic output on an annual basis. INSIDE PAGE Template EDA Logo, yellow line and Eagle are part of the background artwork and are not editable (no animation) Slide Title/Sub-title (should appear in the same place on each slide, centered from top/bottom, right justified next to Eagle) Slide Title Font: Arial Narrow, Bold, All Caps; 24pts Color: Blue Character Spacing: Expanded 2.5pts Alignment: Left Line Spacing: Spacing After: 3pts Slide Sub-title Font: Georgia, Italic; 14pts Color: Brown Character Spacing: Normal Alignment: Right Animation: none Heading 1 Font: Arial Narrow, Bold, All Caps; 16pts Text alignment: Left Animation: Fade, after previous, Very fast speed Paragraph First line in paragraph: Font: Georgia, Regular; 18pts Line Spacing: Exactly 23.25 Remaining text in Paragraph: Font: Arial Narrow, Regular; 16pts Character Spacing: Expanded 0.6pts Animation: Fly in, after previous, from right, Very fast speed Line Color: Yellow Size: 1pt Line length should be as wide as paragraph above and callout below Animation: Wipe, after previous, from right, Very fast speed Call out Text Font: Georgia, Regular; 20pts Color: Light Blue Line Spacing: Exactly 30pts Photo Treatment 1 Circle photos are preferred treatment, but must be created in design software such as Adobe Illustrator or Adobe Photoshop Circle photos should be placed on the right or left side of the slide and should be slightly overlapped. Circle photo animation: Faded zoom, after previous, Very fast speed

Project Example: Berkeley County, SC Innovation. Regional Collaboration. Job Creation. Project Example: Berkeley County, SC Regular Eligibility: At the time of application, the counties served by the were not eligible based upon per capita income that was 88.76% of the national per capita income (≤ 80% required) as well as an unemployment rate that was 0.32% above the national 24 month unemployment rate ( ≥ 2% required).   Special Need Eligibility: The applicant provided documentation reflecting impacts from job losses due to closures and layoffs as well as the negative effects of changing trade patterns. [Note: In October 2015 (several months after application submission), South Carolina suffered historic rains and devastating flooding that resulted in FEMA disaster declaration 4241-DR. Declaration 4241-DR includes 36 of the state’s 46 counties, including counties served by the project.]   INSIDE PAGE Template EDA Logo, yellow line and Eagle are part of the background artwork and are not editable (no animation) Slide Title/Sub-title (should appear in the same place on each slide, centered from top/bottom, right justified next to Eagle) Slide Title Font: Arial Narrow, Bold, All Caps; 24pts Color: Blue Character Spacing: Expanded 2.5pts Alignment: Left Line Spacing: Spacing After: 3pts Slide Sub-title Font: Georgia, Italic; 14pts Color: Brown Character Spacing: Normal Alignment: Right Animation: none Heading 1 Font: Arial Narrow, Bold, All Caps; 16pts Text alignment: Left Animation: Fade, after previous, Very fast speed Paragraph First line in paragraph: Font: Georgia, Regular; 18pts Line Spacing: Exactly 23.25 Remaining text in Paragraph: Font: Arial Narrow, Regular; 16pts Character Spacing: Expanded 0.6pts Animation: Fly in, after previous, from right, Very fast speed Line Color: Yellow Size: 1pt Line length should be as wide as paragraph above and callout below Animation: Wipe, after previous, from right, Very fast speed Call out Text Font: Georgia, Regular; 20pts Color: Light Blue Line Spacing: Exactly 30pts Photo Treatment 1 Circle photos are preferred treatment, but must be created in design software such as Adobe Illustrator or Adobe Photoshop Circle photos should be placed on the right or left side of the slide and should be slightly overlapped. Circle photo animation: Faded zoom, after previous, Very fast speed

Innovation. Regional Collaboration. Job Creation. Thank you. Template notes for Cover Page EDA Logo Animation: on click, Fade EDA Seal - Animation: (should appear after EDA Logo): after previous, Fade Power Point Title Font: Arial Narrow/Bold/All Caps/18pts Color: Dark Blue (RGB 26,52,104) Character Spacing: Expanded 1.4pts Line spacing: None Text alignment: Centered Animation: Wipe, from left, with previous, Medium speed NOTE: If you copy and paste text from Word or other source into any of the text boxes in this presentation, please make sure you select “keep text only” so the text will format. All Caps does not transfer, so after you paste the text and select “keep text only”, you will need to select the text and click the “all caps” icon in the formatting palette. www.eda.gov