ALTERNATIVE COVER Main Heading Font: Georgia; 28pts Color: Blue Character Spacing: Normal Line spacing: 1pt Text alignment: Centered Subheading 1 Font: Arial Bold; 16pts Line spacing: Exactly Subheading 2 Font: Arial; 14pts Date Font: Georgia Italic; 16pts Color: Yellow

1. A federal agency under the US Dept of Commerce created in in 1965 by PWEDA Act 2. About 170 employees nationwide 3. Five Regions and offices in US

WHAT DOES EDA DO? The only federal government agency focused exclusively on economic development. EDA fosters regional economic development efforts in communities across the nation with focus on distressed communities

EDA does not have any Broadband Specific Programs (right now)

How can EDA advance broadband and economic development in communities?

Accomplishing Economic Development For economic development to occur, broadband is necessary Capitalize on other agency programs , other funding resources, etc that create opportunity for EDA funding Utilize EDA funds for broadband

REGIONAL FUNDING PROGRAMS PLANNING PARTNERSHIP SHORT TERM PLANNING LOCAL TECHNICAL ASSISTANCE Includes University Center Program ECONOMIC ADJUSTMENT – Non Construction PUBLIC WORKS REVOLVING LOAN FUND

JOBS End Result of the EDA investment Create Jobs Build Capacity Regional Economic Development

LOCAL TECHNICAL ASSISTANCE and ECONOMIC ADJUSTMENT (Non-Construction) BOTH LOCAL TA AND EA PROGRAMS ARE COMPETITIVE Local TA funding is smaller, EA funding larger and more flexible TYPES OF PROJECTS FUNDED VARY BUT CAN INCLUDE: Planning documents Feasibility studies Cost Benefit Analysis Projects revolving around Economic Resilience Marketing Plans

LOCAL TA & EA (CONTINUED) Tourism studies Development of workforce training, programs and resources Funding for economic development activities … and numerous other opportunities that promote economic development and jobs

PUBLIC WORKS PROGRAM Competitive Funding. Projects can include: Building Advanced Manufacturing Skills Center Public Infrastructure Improvement Improvement wastewater facilities Road development and improvement Expansion Broadband …Other projects which expand regional economic development f

HQ FUNDING HQ HAS VARIOUS PROGRAMS SOME ARE REPEATED ANNUALLY, OTHERS ARE NOT CURRENTLY THERE IS DISATER FUNDING

ELIGIBILITY AND FUNDING RATE FEDERALLY RECOGNIZED TRIBES NON-PROFITS LOCAL EDCs LOCAL/STATE GOVERNMENTS ECONOMIC DEVELOPMENT DISTRICTS INSTITUES OF HIGHER EDUCATION FUNDING RATE: MATCH IS 1l1 HOWEVER TRIBES MAY BE ELIGIBLE UP TO 100% MATCH OTHER ORGANIZATIONS FUNDING RATE (match) VARIES BY DISTRESS LEVEL

EDA Grant Process Majority of EDA funding programs are open year round, meaning there is no application deadline EDA will review projects as they come in to determine if they meet EDA priorities per the funding program and… To assure the application is complete

www.eda.gov EDA Contact Frances Sakaguchi, EDI EDA Seattle Regional Office 915 Second Ave, Rm 1890 Seattle, WA 98174 206-220-7693 fsakaguchi@eda.gov Jacob Macias, EDR EDA Seattle Regional Office 915 Second Ave, Rm 1890 Seattle, WA 98174 206-220-7666 jmacias@eda.gov