Economic Development Administration February 2006 – Federal Register Recent Federal Regulation Documents
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Solicitation of Proposals for Economic Development Assistance Programs
The Economic Development Administration (EDA) is soliciting proposals for the following programs authorized by the Public Works and Economic Development Act of 1965 (42 U.S.C. 3121 et seq.) (PWEDA): (1) Public Works and Economic Development Investments Program, (2) Planning Program, (3) Local Technical Assistance Program, and (4) Economic Adjustment Assistance Program. EDA's mission is to lead the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the worldwide economy. In implementing this mission pursuant to its authorizing statute, PWEDA, EDA advances economic growth by assisting communities and regions experiencing chronic high unemployment and low per capita income to create an environment that fosters innovation, promotes entrepreneurship, and attracts increased private capital investment. Under the Trade Act of 1974, as amended (19 U.S.C. 2341-2391) (Trade Act), EDA also provides technical assistance to firms adversely affected by increased import competition.