The U.S. Economic Development Administration (EDA) is now accepting applications for the new $200 million Recompete Pilot Program to make investments in communities most in need of economic resources. The program is based on the belief that communities know best what they need to address persistent economic distress. Townships in targets areas where prime-age employment trails the national average are eligible to apply for this first round of funding through October 5, 2023.
Phase 1 awards can be used towards strategy development and planning. Only applicants with approved Phase 1 plans will be invited to apply for Phase 2 funding for implementation on workforce development, infrastructure, and additional planning or technical assistance. For more information, including frequently asked questions and a target area eligibility map, visit EDA’s Pilot Program page.