Why Invest in Economic Development?

WHYINVESTin
ECONOMIC
Development?
An overview of federal economic development

Why Invest in Economic
Development?
Economic development is at the core of well-being and quality of life for communities
across the United States. It is a group of policies, programs, and activities that seek to
create and retain jobs and ultimately facilitate economic growth.
The federal government has created a range of programs, including infrastructure
development, investment promotion, advancement of U.S. manufacturing, innovation
and entrepreneurship, and access to financial opportunities that are designed to promote
economic development and improve prosperity for citizens.

KEY
ECONOMIC DEVELOPMENT ADMINISTRATION
SELECTUSA
THE INTERNATIONAL TRADE ADMINISTRATION
MINORITY BUSINESS DEVELOPMENT AGENCY
RURAL DEVELOPMENT
EXPORT-IMPORT BANK OF THE UNITED STATES
STATE SMALL BUSINESS CREDIT INITIATIVE
DELTA REGIONAL AUTHORITY
COMMUNITY DEVELOPMENT BLOCK
GRANT PROGRAM
NORTHERN BORDER REGIONAL COMMISSION
APPALACHIAN REGIONAL COMMISSION
DENALI COMMISSION
MANUFACTURING EXTENSION PARTNERSHIP
Federaleconomicdevelopmenthasanationalimpact
ASelectionofFederalInvestments
This map represents only a fraction of the total amount of federal economic development projects undertaken annually.
A complete map showing all projects would include every state, county and city in the United States and its territories.

“Federal economic development programs are integral
tools to promote economic growth, job creation and
quality of life for communities across the United States.
Fortunately, there are economic development agencies
already in place throughout the federal government
designed to help the administration and Congress succeed
in their pursuit of these goals for American communities.”
F. Michael Langley, FM
CEO
Greater MSP
Minneapolis – St. Paul, Minnesota
2017 IEDC Chairman of the Board

Economic DevelopmentAdministration,
U.S. Department of Commerce
ABOUT
The Economic Development Administration’s (EDA) mission is to drive sustainable
job growth and the building of durable regional economies throughout the
United States. Though its partnerships with local governments in their economic
development efforts, EDA has become an essential tool for the federal
government to quickly and efficiently help communities build stronger, more
resilient economies. It makes grant investments that are linked to long-term,
sustainable economic development strategies and it maximizes on existing
regional opportunities to drive economic development objectives, support job
creation, and enhance regional prosperity. No federal agency has greater flexibility
to address specific economic development challenges facing communities today.

AGENCY / EDA
• EDA in Action: EDA invested approximately $238 million in FY15 in locally-driven economic
development projects nationwide.
• EDA in Action: Grantees expect these investments will help create or retain approximately
35,000 jobs and generate $4.2b in private investment.
PROGRAMS/SERVICES
• Investing in Manufacturing Communities Partnership (IMCP)
• Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative
• Public Works Program
• The National Advisory Council on Innovation and Entrepreneurship (NACIE)
• Disaster Recovery and Resiliency
IMPACT AREAS
• Infrastructure
• Entrepreneurship and Innovation
• Disaster Relief
• Workforce Development
• Manufacturing

AGENCY / EDA
INNOVATION HUB
UNIVERSITY OF FLORIDA
Fort Lauderdale,Florida
$8,000,000
CHESTER COUNTY SEWER DISTRICT
Chester County,South Carolina
$2,000,000
COOPER BIERSCHEID PROTOSTHETICS
Fargo,North Dakota
$5,000
PACIFIC NORTHWEST
DIABETES INSTITUTE
Puget Sound,Washington
$2,000,000
OGDEN BUSINESS EXCHANGE
Ogden,Utah
$2,200,000
THE PATERSON RESTORATION CORPORATION
Paterson,New Jersey
$60,134

AGENCY / EDA
Budget authority by fiscal year, dollars in millions
Agency Bureau Account 2013 2014 2015 2016
Salaries and Expenses
Department of
Commerce $182 $210 $208 $212
$36 $37 $37 $39
$218 $247 $245 $251
Economic
Development
Administration
TOTAL
Economic Development
Assistance Programs
“The Economic Development Administration’s investment in the Citizen Potawatomi
Nation’s Iron Horse Industrial Park was the crucial first step in leveraging over $4 million
in additional private sector funding and laying the foundation for the development of
the Park. As a result, we are now actively adding new jobs that benefit not only our Tribal
Nation but the surrounding region as well.”
James C. Collard, Ph.D.
Director of Planning and Economic Development
Citizen Potawatomi Nation
Shawnee, OK

Manufacturing Extension Partnership,
NIST, U.S. Department of Commerce
ABOUT
The Manufacturing Extension Partnership (MEP) Program was established in 1988
with the aim of strengthening U.S. manufacturing through the enhancement of
productivity and technological performance. It is a national network and the
only public-private partnership dedicated to serving small and medium−sized
manufacturers. The MEP Program has a national network of centers (MEP Centers)
that work directly with manufacturers and contribute to the growth of well-paying
jobs, dynamic manufacturing communities, and American innovation and global
competitiveness. For nearly 30 years, MEP has been on the front lines of the battle
to help small and medium sized manufacturers research new technology, train a
more competitive workforce, and succeed in a constantly changing marketplace.

• MEP in Action: Since 1988, MEP has worked with nearly 86,620 manufacturers, leading to
$96.4 billion in sales and $15.7 billion in cost savings, and has helped create and retain more
than 797,994 jobs.
• MEP in Action: For every one dollar of federal investment, the MEP Program generates nearly
$17 in new sales growth for manufacturers and $24 in new client investment. This translates into
$2.4 billion in new sales annually.
PROGRAMS/SERVICES
• Innovation & Business Strategies
• Product Development & Prototyping
• Lean & Process Improvements
• Workforce Development Support
• Manufacturing Day
IMPACT AREAS
• Manufacturing
• Innovation
AGENCY / MEP

AGENCY / MEP
T-H MARINE
Montgomery,Alabama
$125,000
SPACE AGE ELECTRONICS
Worcester,Massachussets
$4,500,000
JAKOBE FURNITURE
Overland Park,Kansas
$77,000
RADER AWNING AND
UPHOLSTERY
Albuquerque,New Mexico
$500,000
MELNI CONNECTORS
Twin Falls,Idaho
$250,000
GTUIT
Bozeman,Montana
$900,000

AGENCY / MEP
“We highly value our Manufacturing Extension Partnership because every time we refer
one of our manufacturers to MEP, the company later thanks us and tells us how MEP
helped solve problems or identify opportunities. Manufacturing employment in our MSA
has grown 10% a year for the last three years.We couldn’t have achieved this without the
smart technical expertise of MEP.”
Brett Doney,
President and CEO
Great Falls Development Authority, Inc.
Great Falls, Montana
$128.50 $128 $130 $130
$128.50 $128 $130 $130
Department of
Commerce
National Institute of Standards
and Technology
TOTAL

SelectUSA,
InternationalTradeAdministration,
ABOUT
SelectUSA is a U.S. government-wide program established in 2011 and housed in
the International Trade Administration at the U.S. Department of Commerce. Its
mission is to facilitate job-creating business investment into the United States and
raise awareness of the critical role that foreign direct investment (FDI) plays in the
U.S. economy. SelectUSA assists U.S. economic development organizations in their
promotion of their states, regions and localities and companies of all sizes seeking
to invest or expand in the United States. Before SelectUSA, the United States was
the only industrialized country in the world to not have an agency dedicated to
recruiting FDI.

• SelectUSA in Action: Since its inception, SelectUSA has facilitated more than $23 billion in
investment, creating and/or retaining tens of thousands of U.S. jobs.
• SelectUSA in Action: SelectUSA has received appropriated funds for 2014-2016 for a total of
$27 million, generating $23 billion in investment.
PROGRAMS/SERVICES
• Interagency Investment Working Group (IIWG)
• Investment Advisory Council (IAC)
• SelectUSA Investment Summit
• Reshoring Assistance
• Investment Advocacy
• Assistance Navigating the Regulatory Environment
• Connections with Potential Partners
IMPACT AREAS
• Foreign Direct Investment
• Infrastructure
• Investment Competitiveness (removing barriers to investment)
• Innovation
AGENCY / SELECTUSA

AGENCY / SELECTUSA
LUNG SOON
Astoria,Oregon
$22,000,000
MAGNA INTERNATIONAL
Delta and PlymouthTownships, Michigan
$114,000,000
SATA GROUP
Brownsville,Texas
$22,000,000
PEDS LEGWEAR
Hildebran, North Carolina
$24,000,000
LOGOPLASTE
Kansas City, Missouri
$35,000,000

AGENCY / SELECTUSA
“SelectUSA has played and continues to play a key role in helping rural communities, like
those I represent in Idaho, compete for foreign investment.We have already seen millions
in investments in the past few years that may not have happened if not for the services
offered by the SelectUSA program.”
Jan Rogers
CEO
Regional Economic Development Corporation for Eastern Idaho (REDI)
Idaho Falls, Idaho
SelectUSA
$0 $7 $10 $10
$0 $7 $10 $10
International Trade Administration
TOTAL
Department of
Commerce

Community Development Block Grant Program,
U.S. Department of Housing and Urban
Development
ABOUT
The Community Development Block Grant (CDBG) Program was established in
1974 to provide communities with resources ranging from decent and affordable
housing, services to the most vulnerable in our communities, and the creation
of jobs through the expansion and retention of businesses. The CDBG Program
provides annual grants on a formula basis to 1,209 general units of local and
state governments. These funds are utilized mostly for infrastructure, housing
rehab, services; a fraction of the funds is used for economic development.

• CDBG in Action: In fiscal year 2016, the CDBG program disbursed a total of $3.2 billion in
services, assisted 73,757 households and created and retained 17,545 jobs.
• CDBG in Action: CDBG provided essential housing services to 73,757 households in fiscal
year 2016. Those services ranged from rehabilitation and construction of homes to energy
efficiency improvements.
PROGRAMS/SERVICES
• Grant Programs
• Loans and Loan Guarantees
• Disaster Recovery Assistance
• Venture Capital Funding
IMPACT AREAS
• Financing
• Small Business
AGENCY / CDBG

AGENCY / CDBG
FUNDING FOR THE FOOD BANK WAREHOUSE
Clark County,Washington
$471,534
GOLDEN SPRINGS INDUSTRIAL PARK
Santa Fe Springs/LosAngeles County, California
$20,000,000
BASIC MANUFACTURING CERTIFICATE PROGRAM UNDING
Lima,Ohio
$7,000 annually
FUNDING FOR THE WORKFORCE
DEVELOPMENT CENTER
Arlington,Texas
$2,300,000
FUNDING FOR CITY
MARKET ONION RIVER CO-OP
Burlington,Vermont
$2,666,000
MAGNOLIA COURT APARTMENTS
Pinellas County,Florida
$360,000

AGENCY / CDBG
Community Development Fund
Homeless Assistance Grants
Home Investment Partnership Program
Housing Opportunities for Persons with
AIDS
Self-help and Assisted Homeownership
Opportunites Program
Community Development Loan
Opportunites Program
Brownfields Redevelopment
Rural Housing and Economic
Development
Community
Planning and
Development
TOTAL
$18,316 $3,100 $3,066 $3,359 $27,841
$1,933 $2,105 $2,135 $2,250 $8,423
$948 $1,000 $900 $950 $3,798
$314 $330 $330 $335 $1,309
$51 $50 $50 $56 $207
$6 $3 $9
($3) ($3)
($3) ($3)
$21,568 $6,588 $6,478 $6,947 $41,581
$21,568 $6,588 $6,478 $6,947 $41,581
Department
of Housing and
Urban
Development
TOTAL
Total

Rural Development,
U.S. Department ofAgriculture
ABOUT
The Rural Development (USDA-RD) agency was created in 1990 to help build
lasting, sustainable prosperity and quality of life in rural America. USDA-RD
promotes economic development through its various loans, loan guarantees,
grants and technical assistance that support essential services such as housing,
business growth, and water, electric and telecommunications infrastructure. Rural
communities face deeply entrenched obstacles, ranging from distance and access
to capital and infrastructure. USDA-RD provides programs and other resources
that are designed specifically to help rural business owners and entrepreneurs
succeed.

• USDA-RD in Action: In 2016, Rural Development supported about 157,660 projects through
more than $29.3 billion to help rural families, businesses, and small communities thrive.
• USDA-RD in Action: RD has a $215.8 billion portfolio of loans, roughly equal to that of the
Nation’s 14th
largest bank.
PROGRAMS/SERVICES
• Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program
• Business and Industry Loan Guarantees
• Rural Business Development Grants ( )
• Rural Business Investment Program
• Rural Economic Development Loan and Grant Program
• Telecommunications Infrastructure Loans & Loan Guarantees
• American Indian and Alaska Native Programs
IMPACT AREAS
• American Indian and Alaska Native Programs
• Infrastructure
• Financing
• Entrepreneurship
• Housing
AGENCY / RD

AGENCY / RD
LOST ACRES VINEYARD
Granby,Connecticut
$200,000
AQUA METALS
Storey County,Nevada
$10,000,000
UNIVERSITY OF IOWA
HOSPITALS AND CLINICS
Iowa City,Iowa
$500,000more than 800 new jobs
SILICON RANCH CORPORATION
Camden,Arkansas
$500,000
KAUAI ISLAND UTILITY COOPERATIVE
Kauai, Hawaii
$1,800,000

AGENCY / RD
Rural Business Program Account
Rural Cooperative Development Grants
Intermediary Relending Program
Fund Account
Rural Energy for America Program
Salaries and Expenses
Rural Business
Cooperative
Service
Rural
Development
TOTAL
$80 $97 $74 $63
$26 $26 $22 $22
$10 $9 $10 $10
$2 $4 $1
$192 $204 $224 $226
$310 $340 $331 $321
Department
of Agriculture
“Using these programs helps you put together a package for economic
development and to incentivize the development of infrastructure in your
community. Athens County, Ohio for example, used a variety of these federal
economic development programs to bring back to life a manufacturing
facility which has in turn created dozens of high-wage paying jobs.”
Lenny Eliason
Commissioner, Athens County, Athens, Ohio

Export-Import Bank of the United States
ABOUT
Export-Import Bank of the United States (EXIM) was established in 1934 and is
the official export credit agency of the United States. It is an independent, self-
sustaining agency designed to support American jobs by facilitating the export of
U.S. goods and services. It facilitates exports by filling financing gaps for American
businesses when private sector lenders are unable or unwilling to provide financing
services. In doing so, EXIM levels the playing field for U.S. goods and services
going up against foreign competition in overseas markets, so that American
companies can create more American jobs. The EXIM is an essential asset to small
and medium-sized manufactures looking to compete on a global scale. Without
EXIM, these companies would be at a competitive disadvantage versus their
counterparts from places like China.

• EXIM in Action: Since 2009, EXIM has financed more than $240 billion in U.S. exports,
supported more than 1.4 million American jobs, and sent more than $3.8 billion to taxpayers.
• EXIM in Action: In fiscal year 2016, more than 90 percent of EXIM’s transactions – more than
2,600 – directly supported American small businesses.
PROGRAMS/SERVICES
• Export Credit Insurance
• Working Capital Guarantees
• Loan Guarantees
• Direct Loans
• Finance Lease Guarantees
IMPACT AREAS
• Financing
• Exporting
• Manufacturing
AGENCY / EXIM

AGENCY / EXIM
ANDALOU NATURALS
Novato,California
$1,900,000
IKONICS CORPRATION
Duluth,Minnesota
$3,000,000
RURAL ENTERPRISE OF OKLAHOMA
Durant,Oklahoma
$1,275,000
RELIABLE INDUSTRIES INC. OF NEW ORLEANS
New Orleans,Louisiana
$5,000,000
NOW HEALTH GROUP
Crystal Lake Illinois
$10,200,000
MURRAY EQUIPMENT INC.
FortWayne,Indiana
$3,000,000

AGENCY / EXIM
“EXIM bank provides financial services to several companies in my community, and
throughout Texas, to help them sell their products in markets overseas. Many of these
companies are small businesses that would not otherwise be able to secure financing
on terms their businesses can live with.”
Regina Lindsey, CEcD,
President and CEO, Greater Beaumont Chamber of Commerce
Beaumont,Texas
Export-Import Bank
Loans Program Account
Export-Import Bank
Loans, Negative Subsidies
Export-Import
Bank of the
United States
($4) ($5) ($6) ($6)
($400) ($23) ($30)
($1,057) ($675) ($432) ($479)

($1,435) ($693) ($456) ($473)
Export-Import Bank
of the United States
TOTAL

Minority Business DevelopmentAgency,
ABOUT
The Minority Business Development Agency (MBDA) was established in 1969
and is an agency that helps create and sustain U.S. jobs by promoting the growth
and global competitiveness of businesses owned and operated by minority
entrepreneurs. Through its 40 business centers and a wide range of domestic and
international strategic partners, MBDA provides clients with technical assistance,
access to capital and finance management, contract opportunities, and access
to new markets they need to grow. Through MBDA’s programs and services,
minority-owned firms can create jobs, build scale and capacity, increase revenues,
and expand regionally, nationally, and internationally.

• MBDA in Action: In fiscal year 2015 alone, the agency helped create and retain 26,896 jobs
and awarded more than $5.9 billion in contracts and capital to minority-owned businesses
across the United States.
• MBDA in Action: MBDA aims to assist minority-owned businesses who contribute over
$1.4 trillion in annual economic output to the U.S. economy and directly account for 7.2
million U.S. jobs.
PROGRAMS/SERVICES
• Business Development Services
• Grant Competitions
• National Advisory Council on Minority Business Enterprise
• Office of Native American Business Development
IMPACT AREAS
• Financing
• Small Business and Entrepreneurship
• Economic Equity
AGENCY / MBDA

AGENCY / MBDA
BAKER AND CO. LLC
Philadelphia,Pennsylvania
$3,900,000
FARROW CONSTRUCTION SPECIALTIES
Seattle,Washington
$4,000,000
UNITED TRIBES TECHNICAL COLLEGE
Bismarck,North Dakota
$1,275,000
MVP PLASTICS
Brownsville,Texas
$1,000,000
Durant,Oklahoma
$1,275,000

AGENCY / MBDA
“The Minority Business Development Agency has provided a critical link to underserved
entrepreneurs looking to commercialize their innovations. MBDA is uniquely qualified to
seek out and support entrepreneurs working in communities with untapped -- or under-
tapped -- economic potential, supporting a more inclusive economy for all.”
Lyneir Richardson
Executive Director
Center for Urban Entrepreneurship & Economic Development
Rutgers Business School
Newark, NJ
Minority Business
Development Agency
Budget authortiy by fiscal year, dollars in millions
$28 $28 $30 $32

$28 $28 $30 $32
Department of
Commerce
Minority Business
Development Agency
TOTAL

State Small Business Credit Initiative,
U.S. Department of theTreasury
ABOUT
The State Small Business Credit Initiative (SSBCI) was established in 2010 with $1.5
billion in funds to strengthen state programs that support lending to small busi-
nesses and small manufacturers. Under SSBCI, participating states use the federal
funds for programs that leverage private lending to help finance small businesses
and manufacturers that are creditworthy, but are not getting the loans they need
to expand and create jobs. States do not repay the SSBCI funds to Treasury; the
state keeps the money as an ‘evergreen’ fund that recycles into new loans. The
program is expected to help spur up to $15 billion in lending to small businesses.

• SSBCI in Action: Since 2011, SSBCI has supported 142 state credit projects, with over
$8 billion in new lending and investing to small businesses.
• SSBCI in Action: By the end of 2015, businesses reported that transactions supported by
SSBCI would help retain 126,509 existing jobs and help create 63,891 jobs within two years, for
a total of 190,400.
• SSBCI in Action: 80 percent of SSBCI transactions supported businesses with 10 or fewer
full-time employees and nearly half the supported businesses were less than five years old.
PROGRAMS/SERVICES
• Loans
• Venture Capital Funding
IMPACT AREAS
• Financing
• Small Business
AGENCY / SSBCI

AGENCY / SSBCI
BAKER AND CO. LLC
Confluence,Pennsylvania
$250,000
COSMOS CREATIONS
Junction City,Oregon
$1,500,000
GELATO FIASCO
Brunswick,Maine
$200,000
NETWORK ASSETS LLC.
Miami,Florida
$1,550,000
ALPHA TECHNOLOGIES
Wilmington,Delaware
$500,000

AGENCY / SSBCI
Agency Bureau Account 2011 2012 2013 2014 2015 2016
Small Business
Credit Initiative
The Department
of Treasury
Community Development
Fund
TOTAL
$1,5001
/ $222 $322 $278 $177 $02,3
$44
$1,5001
/ $222 $322 $278 $177 $0
$44
1. Congress appropriated $1.5 billion to be expended according to a set schedule. $44 million were
expended in fiscal year 2011. Subsequent year amounts indicate expended amounts drawn from
$1.5 billion.
2. As a result of the success of SSBCI, the President’s Budget for fiscal year 2016 proposed a new
authorization of $1.5 billion to build on the program’s first round of appropriations. This new
appropriation would run from fiscal year of 2016 to fiscal year of 2022.
3. Fiscal year 2016 expended amounts have not been released.

Workforce Innovation and OpportunitiesAct
ABOUT
The Workforce Innovation and Opportunities Act (WIOA) was signed into law in
2014 and supersedes the Workforce Investment Act of 1998. It is a legislation
designed to increase job seekers’ access to and opportunities for employment,
education, training and support services to succeed in the labor market and to
match employers with the skilled workers they need to compete in the global
economy.
The Employment and Training Administration (ETA) is an agency within the
U.S. Department of Labor. Its mission is to provide resources that ensure robust
employment and training in the U.S. workforce and ultimately secure quality of life
and economic growth for Americans. ETA is charged with the implementation of
WIOA and other federal workforce initiatives.

• WIOA in Action: WIOA requires a single, unified state plan outlining a 4-year strategy for the
core programs of the state. The plan should include a strategic vision and goals for preparing
an educated and skilled workforce that includes data on current workforce, employment and
unemployment data, educational and skill levels, and labor market trends.
• WIOA in Action: WIOA requires the state boards in consultation with chief elected officials
and local boards, to establish criteria and procedures for use by local boards in assessing at least
once every 3 years the effectiveness, physical and programmatic accessibility and continuous
improvement of one-stop centers. It maintains current requirements for mandatory one-stop
partners to reach a voluntary agreement to fund infrastructure costs.
• WIOA in Action: WIOA codifies the elimination of the original “sequence of services,” and
combines core and intensive services into a new “career services” category. It signals states and
local areas an interest in seeing a number of existing best practices adopted and expanded,
including: career pathways, industry or sector partnership, and an increased focus on the
attainment of industry-recognized certificated and credentials linked to in-demand occupations.
• WIOA in Action: WIOA restores the state-wide set-aside to 15 percent.
PROGRAMS/SERVICES
• Workforce Information Advisory Council (WIAC)
• Innovation and Opportunity Network on Workforce GPS (ION)
• Competitive Grants
IMPACT AREAS
WIOA

“Education and workforce development are primary factors—and of
paramount importance—to industrial development”
John Chaffee
President and CEO
North Carolina Eastern Region (NCER)
Greenville, North Carolina
The Workforce
Innovation and
Opportunity Act
Employment and
Training Administration
TOTAL
$3,201 $3,148 $3,139 $3,335
$3,201 $3,148 $3,139 $3,335
$3,201 $3,148 $3,139 $3,335
Department of
Labor
TOTAL
WIOA

Delta Regional Authority
Regional Economic Development Agency
ABOUT
The Delta Regional Authority (DRA) was established in 2000 to address economic
and social challenges. Ultimately strengthening the economy and quality of life of
the 10 million people who reside in the eight-state Delta region. The 252 counties
and parishes served by the DRA make up the most distressed area of the country.

• DRA in Action: Through targeted work in each of the eight states, DRA has brought nearly
$3 billion in investment and helped create and retain more than 46,537 jobs from fiscal years
2012 to 2015.
• DRA in Action: Since 2015, the Delta Regional Authority has funded 16 two-day training
courses on Economic Development and Economic Resiliency for Elected and Appointed
Leaders. Over 250 leaders have taken this training across the eight states of the Delta Region.
PROGRAMS/SERVICES
• Community Infrastructure Fund
• Small Business and Entrepreneurship Initiative
• Reimaging the Delta Workforce Initiative
IMPACT AREAS
• Infrastructure
• Small Business
AGENCY / DRA

AGENCY / DRA
STRENGTHENING OF KENTUCKY’S WORKFORCE,
INFRASTRUCTURE, AND ECONOMY
Kentucky
$1,455,387
MARQUETTE TECH DISTRICT FOUNDATION, INC.
Cape Girardeau,Missouri
$200,000
Cotton Plant,Arkansas
$37,720
STRENGTHENING OF ILLINOIS’ WORKFORCE,
INFRASTRUCTURE, AND ECONOMY
Hardin County and Evansville,Illinois
$800,000
METRO MEMPHIS EXPORT ALLIANCE
Memphis,Tennessee
$155,000

AGENCY / DRA
Delta Regional
Authority
TOTAL
Delta Regional
Authority
$11 $12 $12 $25
$11 $12 $12 $25
$11 $12 $12 $25
Delta Regional
Authority
TOTAL

AppalachianRegionalCommission
ABOUT
The Appalachian Regional Commission (ARC) was established in 1965 as a
partnership of federal, state and local government to promote economic
development. ARC was designed to provide funding for investments in the
Appalachian Region, specifically in the areas of business development, education
and job training, telecommunications, infrastructure, community development,
housing, and transportation. Through these projects, ARC is helping create
thousands of new jobs, improve local water and sewer systems, increase school
readiness, assist local communities with strategic planning, and provide technical
and managerial assistance to emerging businesses.

• ARC in Action: In fiscal year 2016, ARC approved $109.8 million in funding for 473 area
development projects, and were matched by $174.6 million in other public investments. The
projects funded during the year will create or retain an estimated 18,802 jobs and train an
estimated 46,513 students, workers, and leaders in new skills.
• ARC in Action: ARC investments have attracted nearly $16 billion in leveraged private
investment.
PROGRAMS/SERVICES
• Grants and Contracts
• Appalachian Development Highway System
• Appalachian Regional Development Initiative
• Appalachian Higher Education Network
IMPACT AREAS
• Infrastructure
• Small Business
AGENCY / ARC

AGENCY / ARC
CREATION OF THE UNIVERSITY OF PIKEVILLE
COLLEGE OF OPTOMETRY
Kentucky
$937,500
GRANT TO SUPPOT
WORKFORCE READINESS INI-
TIATIVE
Mississippi
$8,900,000
RENOVATION AND EXPANSION OF GRUNDY
COUNTY MANUFACTURING FACILITY
Tennessee
$879,870
FUNDING FOR NORTH CAROLINA
COMMUNITY COLLEGES
North Carolina
$1,515,319
GRANT FOR THE PROMOTION OF
PUBLIC HEALTH
Greater Birmingham,Alabama
$45,000

AGENCY / ARC
Appalachian Regional
Commission
TOTAL
Appalachian
Regional
Commission
$65 $80 $90 $146
$65 $80 $90 $146
$65 $80 $90 $146
Appalachian
Regional
Commission
TOTAL

Denali Commission
ABOUT
The Denali Commission (the Commission) was established in 1998 as an
independent federal agency designed to promote a healthy, well-trained labor
force working in a diversified and sustainable economy that is supported by a fully
development and well-maintained infrastructure in Alaska. The Commission works
with partners to develop basic public infrastructure, power generation, transition
facilities and modern communication systems.

• The Commission in Action: Since fiscal year 2005, the Commission has contributed to the
planning, design and/or construction of 89 rural road projects and 96 waterfront development
projects.
• The Commission in Action: Since 1999, the Commission has invested in the construction of
112 bulk fuel tank farms and 71 rural power system updated in rural Alaska communities.
PROGRAMS/SERVICES
• Economic Development Grants
• The Transportation Program
• Workforce Training Programs
• The Energy Program
IMPACT AREAS
• Infrastructure
AGENCY / DENALI

AGENCY / DENALI
FUNDING OF THE LONGHOUSE FACILITY
FOR UNIVERSITY OF ALASKA ACHORAGE’S
CENTER FOR SCIENCE AND ENGINEERING
Alaska
$250,000
PIPELINE WELDER TRAINING FOR NORTH
SLOPE RESIDENTS
Alaska
$25,000
FISHERIES BUSINESS INCUBATOR TRAINING
Alaska
$17,409
FUNDING FOR BULK FUEL FACILITY
Alaska
$4,360,035
FUNDING FOR KWETHLUK TEACHER HOUSING
RENOVATIONS AND REPAIRS
Alaska
$82,857

AGENCY / DENALI
Denali
Commission
TOTAL
Denali Commission
Denali Commission
Trust Fund
Denali
Commission
TOTAL
$10 $10 $10 $11
$7 $7 $6 $6
$17 $17 $16 $17
$17 $17 $16 $17

Northern Border Regional Commission
ABOUT
The Northern Border Regional Commission (NBRC) is a federal-state partnership
for economic and community development created by Congress in 2008 and
federally funded since 2010. The NBRC partnership supports economic and
infrastructure development projects in northern Maine, New Hampshire, Vermont,
and New York.

• NBRC in Action: In fiscal year 2016, NBRC approved $7.4 million in grants for economic and
community development projects across the four state region. These grants leverage $43.7
million in matching funds. 91% of these awards serve a distressed county.
PROGRAMS/SERVICES
• Economic and Infrastructure Development Investment Program
• Technical Assistance in Strategic Planning
• Competitive Grant Programs
IMPACT AREAS
• Financing
• Infrastructure
AGENCY / NBRC

AGENCY / NBRC
CONSTRUCTION OF MUNICIPAL
PUBLIC WATER SYSTEM
Tupper Lake,NewYork
$250,000
REDEVELOPMENT OF AN INDUSTRIAL PARK
Northumberland,New Hampshire
$250,000
Village of Clayton,Vermont
$240,000
TOWN OF PITTSFIELD INFRASTRUCTURE PROJECT
Pittsfield,Maine
$250,000
REDEVELOPMENT OF THE WATKINS
GLEN HARBOR HOTEL
Village of Clayton,NewYork
$250,000

AGENCY / NBRC
The Northern Border
Regional Commission
TOTAL
The Northern Border
Regional Commission
The Northern
Border Regional
Commission
TOTAL
$1 $5 $5 $7.5
$1 $5 $5 $7.5
$1 $5 $5 $7.5

EDA
MEP
SELECTUSA
CDBG
USDA-RD
EXIM
MBDA
SSBCI
WIOA
DRA
ARC
DENALI
NBRC
The federal government has always played a key supporting role in local
and regional job creation. These few programs are leading the way as
we work toward our common objective: a stronger, more resilient, more
inclusive economy for all.
For a modest investment of taxpayer dollars, these programs consistently
offer a high rate of return. Equally as important, they are often working
in communities and policy areas that might be otherwise overlooked by
larger agencies and programs. By targeting specific services, regions or
demographics, these examples of federal economic development efforts
are able to be more impactful and would not be easily absorbed or
duplicated by other agencies. These programs are an essential part of a
broader effort to maximize opportunity for every American.
These programs are not just worthy of our support, but more so, they
should be championed.
WHYINVESTin
ECONOMIC
Development?
IEDC is proud to provide this resource to our members, elected officals, public
servants and all those interested in supporting economic development.
Use of logos does not necessarily imply affiliation or endorsement.
For more information about IEDC, please visit our website at www.iedconline.org

Why Invest in Economic Development?

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