United States Department of Commerce ECONOMIC DEVELOPMENT ADMINISTRATION Denver Regional Office

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United States Department of CommerceECONOMIC
DEVELOPMENT ADMINISTRATIONDenver Regional Office

• The mission of EDA is to lead the federal
  economic development agenda by promoting
  innovation and competitiveness, preparing
  American regions for growth and success in the
  worldwide economy.

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EDA Denver Region
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Eligibility

• Less than 80 of the US Average Per Capita Income
  per the most recent data from US Census or US BEA
• Unemployment at least 1 above the US Average for
  the most recent 24-months per Census or BLS

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Special Need

• Plant closing or major job losses
• Natural disaster
• Underemployment
• Industry sector downturn
• Other

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1. Public Works (FY 2010 - 13M)Empowers
distressed communities to revitalize, expand and
upgrade their physical infrastructure to attract
new industry, encourage business expansion,
diversify local economies, and generate or retain
long-term, private sector jobs and investment.

• Wind River Development Fund, Fort Washakie, WY
• Awarded 900,000 in 2007 for an Entrepreneurship
  Center
• An additional award of 881,272 the following
  year
• To house and encourage Tribal start-up and
  existing businesses

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2. Economic Adjustment (FY 2010 - 5M)The
Economic Adjustment Program assists state and
local interests to design and implement
strategies to adjust or bring about change to an
economy. The program focuses on areas that have
experience or are under threat of serious
structural damage to the underlying economic base.

• Casper College, WY
• Awarded 25,000 in 2008 for an Incubator Business
  Plan
• Develop a strategy and business plan for the
  development of the Casper Area Business
  Innovation Center
• Natrona County was under drought disaster
  declaration

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3. Local Technical Assistance (FY 2010 -
200K)The Local Technical Assistance Program
helps fill the knowledge and information gaps
that may prevent leaders in the public and
non-profit sectors in distressed areas from
making optimal decisions on local economic
development issues.

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Campbell County Econ. Dev. Corp., Gillette, WY

• Awarded 40,000 in 2003 for a one-stop Business
  Development Center
• Planning for a Business Development Center to
  include a small business incubator facility and
  training center.
• To determine the size of the facilities, the
  infrastructure necessary to support the
  facilities, and estimate the cost of construction

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4. Partnership Planning (FY 2010 - 5M)EDA
Partnership Planning programs help support local
organizations (Economic Development Districts,
Indian Tribes, and other eligible areas) with
their long-term planning efforts and their
outreach to the economic development community on
EDA programs and policies.

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EDA Planning Partnership Grants

• EDA provides Planning Partnership grants to 3
  Economic Development Districts in Wyoming
• High Plains EDD,
• Big Horn Mountain Coalition,
• Northeast Wyoming EDC
• These annual grants usually average about 60,000
  per year

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Short Term Planning Grants (FY 2010 - 425K)

• Develop Comprehensive Economic Development
  Strategy (CEDS)
• Co-applicants were Northeast WY EDC, Cheyenne
  Laramie County, Yellowstone Dev. Dist., Carbon
  County EDC, Laramie Econ. Dev. Corp., Big Horn
  Mountain Coalition, Sweetwater Econ. Dev. Assoc.,
  Eastern WY Dev. Dist.

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5. University Centers (FY 2010 - 1.3M)The
University Center Program is a partnership of the
federal government and academia that makes the
varied and vast resources of universities
available to the economic development community.
University of Wyoming WY Technology Business
Center Technical Assistance and applied research

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APPLICATION REQUIREMENTS

• Each applicant must submit
• Standard Form SF-424
• EDA Application, Form ED900 available at
  www.grants.gov or contact the EDR Representative
• Dun and Bradstreet Data Universal Number - DUNS
  Number Complete information on the OMB
  regulation, as well as instructions for obtaining
  a DUNS, can be found at http//www.whitehouse.gov/
  omb/grants/duns_num_guide.pdf
• Central Contractor Registration Number CCR
  Number - obtained at www.ccr.gov for projects
  over 25,000.
• Please use the correct Federal Funding
  Opportunity Notice located on EDAs web site at
  http//www.eda.gov/InvestmentsGrants/FFON.xml
• www.grants.gov is strongly recommended

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EDA FUNDING PRIORITIES Priority will be
given to proposals that

• Within the parameters of a competitive grant
  process, all projects are evaluated to determine
  if they advance global competitiveness, create
  jobs, leverage public and private resources, can
  demonstrate readiness and ability to use funds
  quickly and effectively and link to specific and
  measureable outcomes. To facilitate evaluation
  EDA has established the following investment
  priorities
• 1. Collaborative Regional Innovation
• 2. Public/Private Partnerships
• 3. National Strategic Priorities
• 4. Global Competitiveness
• 5. Environmentally-Sustainable Development
• 6. Economically Distressed and Underserved
  Communities

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Brainstorming your idea.

• Contact your Economic Development Representative
  John Rogers [phone]
  jrogers_at_eda.doc.gov
• Know how much you need estimate amount of money
  needed
• Identify all project costs construction,
  operations, long-term maintenance
• Project should be developed as a result of a long
  term strategy rather than a short-term whim
• Develop your idea working from general to
  specific

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Involving Multiple Agencies

• One-on-one discussions with each agency to
  determine which ones may have assistance for your
  project
• Ask the agencies you are talking to if they are
  aware of other programs or methods of providing
  funding
• Ask the relevant agencies to participate in a
  face-to-face meeting to discuss your project or
  conference in those who cannot attend

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Come Prepared to your Meeting with funders

• Provide information succinctly
• Know what your needs are
• Have estimates of costs (best available)
• Provide information as to the expected outcomes
  of your project
• Ask funders how their programs might contribute
  to your project
• Ask funders for their advice and be prepared to
  heed it
• Leave the meeting with a clear path for
  proceeding
• Develop a plan of action for going forward with
  your project
• Follow-up on that plan of action

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EDAs Application Process

• Construction grants application deadlines are
  quarterly on March 1?, July 1, October 1,
  January 1?
• Non-Construction Grants (Planning and Technical
  Assistance open-season)
• www.grants.gov or download and submit hard copies

Prepare your application using the program
criteria contained in the latest Federal Funding
Opportunity Notice Located on EDAs web site
www.eda.gov
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When you apply, a project must be ready to go.

• The application must be complete and you must
  explain the need for the project and the expected
  results.
• Funds are limited and it is competitive

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Some Dos and Donts

• Do provide all the materials requested in the
  application
• Dont refer the reviewer to another document
  the reviewer is not responsible for hunting down
  your material for you
• Do be succinct but thorough in your narrative
• Dont add a lot of useless verbiage
• Do address the program criteria describe how
  your project will address them

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Contact

• Jodi Duncan, Program Specialist
• West Area Team
• 303-844-4901
• jduncan1_at_eda.doc.gov
• http//www.eda.gov
• Http//www.grants.gov
• John Rogers, Economic Development Representative
• West Area Team
• 406-449-5380
• jrogers_at_eda.doc.gov

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3. Research National Technical Assistance (FY
2010 - 1.1M)The Research and National
Technical Assistance Program supports research
for leading edge, world class economic
development practices, as well as funds
information dissemination efforts.
Project Examples include Projects for expansion
of data research, curriculum dissemination, best
practices on innovation, and innovation networks

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7. Trade Adjustment Assistance (FY2010 -
20M)EDA uses a national network of twelve
Trade Adjustment Assistance Centers to help
manufacturers and producers affected by increased
imports prepare and implement strategies to guide
their economic recovery.

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Rocky Mountain Trade Adjustment Assistance Center
(RMTAAC)

• Affiliated with the Business Research Division of
  the Leads School of Business and the University
  of Colorado at Boulder.
• Website www.rmtaac.org
• Areas served Colorado, Nebraska, New Mexico,
  North Dakota, South Dakota, Utah, Wyoming