Transcript EDA-Denver, Jodi Duncan - Wyoming Economic Development

United States Department of Commerce
ECONOMIC DEVELOPMENT ADMINISTRATION
Denver 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.
EDA Denver Region
Eligibility
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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 24months per Census or BLS
Special Need
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Plant closing or major job losses
Natural disaster
Underemployment
Industry sector downturn
Other
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
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
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.
Campbell County Econ. Dev. Corp.,
Gillette, WY
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Awarded $40,000 in 2003 for a onestop 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
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.
EDA Planning Partnership Grants
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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
Short Term Planning Grants – (FY
2010 - $425K)
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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.
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
APPLICATION REQUIREMENTS:
Each applicant must submit:
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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
EDA’s web site at http://www.eda.gov/InvestmentsGrants/FFON.xml
www.grants.gov is strongly recommended
EDA FUNDING PRIORITIES:
Priority will be given to proposals that…
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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
Brainstorming your
idea….
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Contact your Economic Development Representative – John Rogers
(406)449-5380 – [email protected]
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”
Involving Multiple Agencies
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One-on-one discussions with each agency to determine which
ones may have assistance for your project
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Ask the agencies you are talking to if they are aware of other
programs or methods of providing funding
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Ask the relevant agencies to participate in a face-to-face
meeting to discuss your project or “conference in” those who
cannot attend
Come Prepared to your Meeting
with funders
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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
EDA’s Application Process
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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 EDA’s web site:
www.eda.gov
When you apply, a project must be
ready to go.
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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
Some “Do’s and Don’ts”
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Do provide all the materials requested in the
application
Don’t 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
Don’t add a lot of useless verbiage
Do address the program criteria – describe how
your project will address them
Contact:
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Jodi Duncan, Program Specialist
West Area Team
303-844-4901
[email protected]
http://www.eda.gov
Http://www.grants.gov
 John Rogers, Economic Development
Representative
West Area Team
406-449-5380
[email protected]
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
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.
Rocky Mountain Trade Adjustment
Assistance Center (RMTAAC)
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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