21 Jan Economic Development Administration
Program Name: Economic Development Administration
Resource Type: Federal
Agency: Program Source: Economic Development Entity
Description: The EDA is not authorized to provide grants directly to individuals or to for-profit entities. Instead, planning awards are designed to support planning organizations in developing, implementing, revising or replacing economic development strategies, and to create and retain higher-skill, higher-wage jobs, particularly for the unemployed and underemployed in the Nation’s most economically distressed regions. Depending on the program, funding cycles are offered quarterly or with specially announced deadlines.