Economic development grants are typically awarded to communities to revitalize, expand and upgrade their physical infrastructure to attract new industry and development, encourage business expansion, diversify local economies, and generate or retain long-term, private sector jobs and investment. Local governments, state governments, and the federal government all provide economic development grants. Private foundations and trusts, as well as corporate foundations and trusts also award grants for economic development.
Economic development grants from the federal government are normally awarded through the U.S. Department of Commerce, Economic Development Administration. 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. The EDA has seven different economic development grants programs that are described in detail on their website.
There are at least 178 private foundations in the United States that give economic development grants with total giving that ranges from $431 million to less than $100,000. The Ford Foundation, Open Society Institute, Mott Foundation Woodruff Foundation, Knight Foundation, Kauffman Foundation and Citigroup Foundation lead the pack in total giving of economic development grants.
For high quality, cost effective training on how to write successful economic development grants attend one of our USGG Win More Grants Certificate Courses or sign up for our Grant Writing as Career Certificate Course and launch a new career to promote economic development in your city, county or state.
With an average of one million dollars in grant awards each year, Santicola has authored grants that have encouraged economic growth; promoted labor-management cooperation; funded community technology centers; advanced professional development; increased learning outcomes in reading, writing and mathematics; increased interest and learning outcomes in science and citizenship and support summer internships. In her grant writing workshops, Santicola shares the secrets to her success and provides participants with samples of many of her award-winning grant proposals, as well as 115 places to research grants including economic development grants. Santicola shares stories of unique and creative proposals that generated over $3 million in K-12 educational grants in just three years. With one project that taught 3rd, 4th, and 5th grade students to build computers in less than 30 minutes and one after-school program that involved students in revitalizing a downtown business district, these stories will help participants learn how to start thinking “outside the box” and develop one-of-a-kind projects for whatever target population they serve. USGG has a team of award winning grant writers with expertise in winning economic development grants.