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Centennial State News

Friday, April 4, 2025

EDA awards over $5 million in grants for economic development projects in Colorado in 2023

Webp jen wernereee

Jen Werner, Chief Financial Officer/Chief Administrative Officer at EDA | https://www.eda.gov/about/leadership/jen-werner

Jen Werner, Chief Financial Officer/Chief Administrative Officer at EDA | https://www.eda.gov/about/leadership/jen-werner

In 2023, the Economic Development Administration (EDA) issued 11 grants totaling $5,630,546 to fund economic development projects in Colorado.

This represents an 86.9% decrease from 2022, when the state received $43,125,810 in funding.

Colorado ranked 28th across the U.S. in total EDA grant funding for 2023. South Carolina topped the list with $30,038,466 in funding across 14 grants.

Rocky Mountain Innovation Initiative, Inc. received the largest EDA grant for funding an economic development project in the state, totalling $1,982,577.

EDA Grant Recipients in Colorado in 2023
Grantee NameTotal Funding
Rocky Mountain Innovation Initiative, Inc.$1,982,577
The Regents Of The University Of Colorado$1,402,009
Denver Office of Economic Development and Opportunity$750,000
City of Delta$433,240
Northwest Colorado Council of Governments$210,000
San Luis Valley Development Resources Group$210,000
Southern Colorado Economic Development District, Inc.$210,000
Ute Mountain Ute Tribe of the Ute Mountain Reservation$153,000
Colorado State University$150,000
Metropolitan State University of Denver$99,720
Community Office for Resource Efficiency$30,000

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