All Funding Opportunities

The U.S. Economic Development Administration is accepting applications for its FY24 $50 million Build to Scale (B2S) program to support organizations that strengthen entrepreneurial ecosystems to support entrepreneurs as they build and scale technology-driven businesses—and the employees in the new, good jobs they create—to make and deliver new technology products and services. B2S grants fund programs that support innovators, entrepreneurs, and startups transforming ideas into the critical, emerging technologies of the future.

EDA will support regional workforce training systems in designing and implementing activities for established sectoral partnerships that meet the existing and emerging skills needs of employers and that train and place program participants into good jobs. These systems will help to grow regional economies and their associated workforces and must advance technology-based industries that fortify the economic and national security of the United States.

The U.S. Economic Development Administration (EDA) has published the Recompete Pilot Program Phase 2 Notice of Funding Opportunity (NOFO) to award Implementation Grants to Recompete Finalists to create renewed economic opportunity in economically distressed communities to create and connect people to good jobs. Implementation Grants can fund a wide range of implementation activities across workforce development, business and entrepreneur development, infrastructure, and additional planning, predevelopment, or technical assistance.

The U.S. Economic Development Administration (EDA) has published the Tech Hubs Program Phase 2 Notice of Funding Opportunity (NOFO) to award Implementation Grants to Tech Hubs Designees to help propel the designees’ chosen geography into self-sustaining global competitiveness in a key technology area. Implementation Grants can fund a wide range of non-construction and construction activities that aim to increase regional capacity to demonstrate, deploy, and commercialize innovative technology products and services across four broad categories: workforce development, business and entrepreneur development, technology maturation, and infrastructure. This large suite of eligible activities is designed to meet the individual needs of a particular region and what it specifically needs to catalyze it becoming a sustainable, globally competitive Tech Hub in its consortium’s selected core technology area.

The U.S. Economic Development Administration (EDA) has published Recompete Pilot Program Phase 1 Notice of Funding Opportunity making $200 million available to persistently distressed communities to create and connect people to good jobs. This program will create renewed economic opportunity in communities that have for too long been forgotten. To do so, the program targets areas where prime-age (25-54 years) employment significantly trails the national average, with the goal to close this gap through large, flexible investments. As part of EDA’s place-based economic development approach, the Recompete Pilot Program aims to meet communities where they are by offering grant opportunities that ensure sustainable and equitable economic growth across the United States.

The U.S. Economic Development Administration (EDA) has published the Fiscal Year 2023 Build to Scale (B2S) program Notice of Funding Opportunity, making $50 million available to eligible entities to increase regional capacity to strengthen ecosystems that equitably and inclusively support diverse technology innovators, entrepreneurs, and startups. These regions are growing technology-driven businesses; creating high-skill, high-wage jobs; and building the industries of the future. The program aims to build regional economies through scalable startups via two competitions – the Venture Challenge and the Capital Challenge.

The U.S. Economic Development Administration (EDA) has published the Tech Hubs Program Phase 1 Notice of Funding Opportunity (NOFO) to designate at least 20 Tech Hubs across the country and separately award approximately $15 million in strategy development grants to accelerate the development of future Tech Hubs. The Tech Hubs designation will be a widely recognized indicator of a region’s potential for rapid technology-led economic growth. The Tech Hubs Program is an economic development initiative designed to drive regional technology- and innovation-centric growth by strengthening a region’s capacity to manufacture, commercialize, and deploy critical technologies. This program will invest directly in regions with the assets, resources, capacity, and potential to transform into globally competitive innovation centers in approximately 10 years while catalyzing the creation of good jobs for American workers at all skill levels, both equitably and inclusively.

The U.S. Economic Development Administration has published the FY 2023 University Center Economic Development Program Competition Notice of Funding Opportunity, making $8.4 million in federal funds available to accredited institutions of higher education or a consortium of accredited institutions of higher education in EDA’s Austin and Denver regions.

The U.S Economic Development Administration is now accepting applications through the Fiscal Year 2023 Disaster Supplemental Funding Notice of Funding Opportunity (NOFO). The awards are designed to support those regions impacted by Hurricanes Ian and Fiona, wildfires, flooding and other natural disasters (2021-2022). 

The U.S. Economic Development Administration (EDA) has published the Fiscal Year 2023 STEM Talent Challenge Notice of Funding Opportunity making $4.5 million available to eligible entities to create and implement STEM talent development strategies that complement their region’s innovation economy. The STEM Talent Challenge provides funding for work-and-learn programs to increase America’s STEM-capable workforce in emerging and transformative sectors such as aerospace, aeronautics, biotechnology, advanced manufacturing, and cybersecurity, among others.