The U.S. Economic Development Administration (EDA) provides investments in construction, technical assistance, planning, and capacity building to support business start-up and expansion in towns and cities all across the country to build strong, durable and resilient local economies that produce good wages for American workers.
EDA partners with regional economic development partners to advance locally-developed projects that link to the region’s longer-term, sustainable economic development strategies.
The EDA regional office serving North Carolina is in Atlanta, GA. Contact information for that office is available here.
Through its competitive grant process, EDA evaluates all project applications to determine the extent to which they:
- Align with EDA’s investment priorities of equity, recovery and resilience, workforce development, manufacturing, technology-based economic development, environmentally-sustainable development, exports & FDI
- Effectively address the creation and/or retention of high-quality jobs, and
- Document that the applicant can or will leverage other resources, both public and private, and demonstrate the applicant’s capacity to commence the proposed project promptly, to use funds quickly and effectively, and provide a clear scope of work that includes a description of specific, measurable project outputs.
More information on the EDA’s investment priorities is available here.