1. Economic Development Council Fall Conference – September 2018
West Virginia
Economic Development Council
Fall Conference – September 2018

2. EDA’s mission and role EDA…
MISSION: To lead the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the global economy.
EDA…
Is the only federal government agency whose sole mission is economic development;
Supports local and regional priorities and objectives; and
Facilitates collaboration among multiple stakeholders
EDA Understands that Successful Economic Development Requires…
Collaboration
Local and Regional
Public and Private Sectors
Community and Neighborhood Organizations
Local and Regional Priorities and Objectives
Strategic Investments
Requires effective, collaborative institutions focused on advancing mutual gain for the public and the private sector in order to create the conditions for economic growth and improved quality of life.
EDA works directly with local officials and targets its competitive, merit-based investments to:
Establish and increase local and regional capacity
Assist economically-distressed regions create higher paying, sustainable jobs.
Support bottom-up, regionally-owned economic development initiatives.
Serve as strategic, catalytic seed investments.
Attract and leverage private capital investment.
Emphasize innovation, entrepreneurship, and regional competitiveness.

3. EDA serves America’s communities through six regional offices:
EDA in your community
EDA serves America’s communities through six regional offices:
Chicago
Denver
Philadelphia
Seattle
Atlanta
Austin
Find EDA Contacts for Your State and Region here:

4. Mission execution
Programmatic Flexibility to Identify and Address Multiple, Changing Economic Development Needs
Multiple tools that can be leveraged in multiple contexts
Strategic Planning
Local Technical Assistance
Public Works
Economic Adjustment Assistance Pager.pdf
Regional Innovation Strategies
EDA Programs:

5. EDA PROGRAM ELIGIBILITY
EDA supports development in economically distressed areas of the United States through strategic investments that promote job creation and attract private investment.
Economic Distress Eligibility Criteria include:
Low Per Capita Income
Per capita income of 80% or less of the national average
Unemployment Rate Above National Average
At least 1% greater than national average for the most recent 24-month period
Special Needs or Economic Adjustment Problems
Includes areas experiencing:
Closure or restructuring of industries or loss of major employers essential to the Regional economy;
Natural disaster or extraordinary depletion of resources such as coastal fisheries;
Signification population loss or underemployment

6. Mission execution EDA Investments Eligible EDA Applicants/Grantees:
District Organization;
Indian Tribe or a consortium of Indian Tribes;
State, county, city, or other political subdivision of a State;
Institution of higher education or a consortium of institutions of higher education; or
Public or private non-profit organization or association acting in cooperation with officials of a political subdivision of a State
EDA Investment Priorities  
Federal Cost-Share Requirements, or Match
EDA Performance Measures
EDA does not provide investments to for-profit entities, nor does it allow pass through of grant funds to private, for-profit companies

7. EDA Value Proposition Statement
EDA Makes It Easier for Businesses to Start and Grow in the U.S.
EDA Matching Grants Start with Local Business Conditions and Needs – Not Washington’s.
EDA Drives Innovation and Entrepreneurship Throughout Our Country, Especially in Our Manufacturing Sector, to Help U.S. Workers and Businesses Compete Globally.
EDA Value Proposition Statement

8. EDI Background
Opportunities to Reduce Potential Duplication in Government Programs, Save Tax Dollars, and Enhance Revenue GAO R, March 2011 (
Federal Programs Subject to Evaluation:
U.S. Department of Commerce (DOC), Economic Development Administration (EDA)
U.S. Department of Housing and Urban Development (HUD)
U.S. Department of Agriculture (USDA)
U.S. Small Business Administration (SBA)
Program Evaluation Criteria:
Potential for overlap in the design of the programs
Extent of interagency collaboration to achieve common goals
Extent of common interagency program performance measures
“Our study suggests that the design of each of these 80 economic development programs appears to overlap with that of at least one other program in terms of the economic development activity that they are authorized to fund.”

9. EDI value proposition Enhanced Service Delivery
Efficiency through Collaboration
Optimizing Investments in Sustainable Economic Growth and Diversification
Enhanced Service Delivery
EDI “crowdsources” cross-agency expertise to help communities implement effective, innovative solutions to locally-identified economic needs.
EDI tools and playbooks help federal staff rapidly identify economic development partners and resources (both federal and non-federal) that are best suited to your community’s needs and vision for economic growth.
Efficiency through Collaboration
EDI collaborates with federal agencies to streamline processes to identify, leverage and invest multiple economic development resources, enabling applicants to maximize federal investments with minimal time and effort.   
Optimizing Investments in Resilient Economies
EDI increases the return on the investment of federal economic development resources. Through active partnerships to coordinate and streamline the investment of federal expertise and financial resources, EDI facilitates strategic investments that generate and sustain community-based economic growth.

10. FY18 PRIORITIES FEDERAL DISASTER RECOVERY INTERAGENCY PROGRAM GUIDANCE
Coordination of the Economic Recovery Support Function (ERSF): Texas, Florida, Puerto Rico, US Virgin Islands
EDA Disaster Recovery
INTERAGENCY PROGRAM GUIDANCE
EDA CEDS / HUD Consolidated Plan
Practical step-by-step guidance
Other Integration Tools and Resources
FACILITATING INTERAGENCY COLLABORATION AND INVESTMENT
Regional Economic Diversifications Summits (REDS)
REDS Brochure
Focus on Communities and Regions That Have:
Completed Strategic Plans,
Identified Priority Objectives, BUT
Lack Resources for Implementation

11. You can forward questions to the EDI mailbox: edi@eda.gov
Conclusion
QUESTIONS?
You can forward questions to the EDI mailbox:
Contact Your State Economic Development Representative (EDR) Further Information about EDA Programs: