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Friday, December 27, 2024

EDA funds 10 projects supporting economic development in Colorado in 2018

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Colorado ranks 30th among US States with 10 grants awarded by the US Economic Development Administration (EDA) to fund economic development projects in 2018.

Seven of the grants awarded for Colorado projects were a part of the planning program - more than any other program.

The EDA is a federal government agency focusing exclusively on economic development. The agency solicits applications for funding to support construction, non-construction planning, technical assistance, and revolving loan fund projects under the agency's Public Works and the Economic Adjustment Assistance (EAA) programs.

Grants made under these programs are designed to advance economic development in distressed communities.

Colorado programs ranked by number of grants in 2018
RankProgramNumber of Grants
1Planning7
2Assistance to Coal Communities1
2Economic Adjustment Assistance1
2Trade Adjustment Assistance1

States ranked by total EDA grants awarded in 2018
RankStateTotal Grants
1Texas52
2Missouri28
3California27
4Montana24
4West Virginia24
6Illinois22
6Iowa22
6Oregon22
9Florida21
10North Carolina20
11New York18
12North Dakota17
13Alaska16
13Maine16
13Washington16
16Idaho14
16Michigan14
16South Dakota14
16Tennessee14
20Kentucky13
20Massachusetts13
20Pennsylvania13
23Alabama12
23Kansas12
23Virginia12
26Georgia11
26Minnesota11
26Mississippi11
26Utah11
30Arizona10
30Colorado10
30Louisiana10
30Nebraska10
30New Mexico10
35Wisconsin9
36Arkansas8
36Ohio8
38Oklahoma6
38South Carolina6
40Maryland5
40Vermont5
42Connecticut4
42Hawaii4
42Indiana4
42New Jersey4
46Nevada3
46New Hampshire3
48Delaware2
48Wyoming2
50Rhode Island1

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