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WHYINVESTin
ECONOMIC
Development?
An overview of federal economic development organizations and programs
2
Why Invest in Economic
Development?
Economic development is the core of well-being and quality of life for communities
across the United States. It encompasses policies, programs, and activities that seek to
create and retain jobs and ultimately facilitate economic growth.
The federal government has initiated a range of programs, including infrastructure
development, investment promotion, advancement of U.S. manufacturing, innovation
& entrepreneurship, and access to financial opportunities. These tools and resources
promote economic development, and improve prosperity for all citizens.
“The basic question at the core of this debate is this: should the federal government have a role in
local economic development and, if so, what are the mechanism for achieving successful outcomes?
We resoundingly say YES, it should and that when used effectively by economic development
professionals, these very programs are the mechanisms. Economic development requires
an ‘all hands on deck’ approach and that includes our federal partners.”
Mr. Craig J. Richard, CEcD, FM
President & CEO
Tampa Hillsborough Economic Development Corporation
2018 IEDC Chair
KEY
ECONOMIC DEVELOPMENT ADMINISTRATION
SELECTUSA
MINORITY BUSINESS DEVELOPMENT AGENCY
USDA RURAL DEVELOPMENT
EXPORT-IMPORT BANK OF THE UNITED STATES
MANUFACTURING EXTENSION PARTNERSHIP
Federaleconomicdevelopment
hasanationalimpact
3
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.
ASelectionofFederalInvestments
DELTA REGIONAL AUTHORITY
COMMUNITY DEVELOPMENT BLOCK
GRANT PROGRAM
NORTHERN BORDER REGIONAL COMMISSION
APPALACHIAN REGIONAL COMMISSION
DENALI COMMISSION
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. Through 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.
• EDA in Action: EDA invested approximately $238 million in FY 15 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 $4.2 billion 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
4
IMPACT AREAS
• Infrastructure
• Entrepreneurship and Innovation
• Disaster Relief
• Workforce Development
• Manufacturing
EDA received a
disaster supplemental
appropriation of
$600 million for their
work on the disasters
of 2017. EDA was
marked for elimination
a second time in
the White House's
fiscal 2019 budget
proposal. IEDC is
continuing to seek
support in Congress
for annual funding for
EDA, as well as EDA
reauthorization.
2018 Update
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
$5,000PACIFIC NORTHWEST
DIABETES INSTITUTE
Puget Sound,Washington
$2,000,000
AGENCY / EDA
OGDEN BUSINESS EXCHANGE
Ogden,Utah
$2,200,000
5
THE PATERSON RESTORATION CORPORATION
Paterson, New Jersey
$60,134
“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, Oklahoma
Budget authority by fiscal year, dollars in millions
Agency Bureau Account 2014 2015 2016 2017
Salaries and Expenses
Department of
Commerce $210	 $208	$212	$237
$37 	 $37	 $39	 $39
$247 	 $245	 $251	 $276
Economic
Development
Administration
TOTAL
Economic Development
Assistance Programs
MUNICIPALITY OF
FAJARDO
Puerto Rico
$120,000
AGRI-BUSINESS ECONOMIC
DEVELOPMENT CENTER
USVirgin Islands
$1,985,218
INTER-TRIBAL COUNCIL
OF ARIZONA
Phoenix,Arizona
$94,216 NEW MEXICO
STATE UNIVERSITY
Las Cruces,New Mexico
$368,760
TELLURIDE
FOUNDATION
Telluride,Colorado
$499,720
DREXEL UNIVERSITY/CITY
OF PHILADELPHIA
Philadelphia, Pennsylvania
$1,500,000
DELAWARE TECHNOLOGY
PARK, INCORPORATED
DuPont, Delaware
$516,899
EASTERN WYOMING
COMMUNITY COLLEGE
Goshen County,Wyoming
$1.5 million
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
6
IMPACT AREAS
• Manufacturing
• Innovation
• Workforce Development
MEP was marked for
elimination in both the
White House’s fiscal
2018 and fiscal 2019
budget proposals.
Despite this fact, MEP
benefits from broad,
bi-partisan support
for their critical
work in supporting
manufacturing. MEP
continues to rely on
support from economic
developers to ensure
continued funding from
Congress.
2018 Update
“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
T-H MARINE
Montgomery,Alabama
$125,000
SPACE AGE ELECTRONICS
Worcester, Massachussets
$4,500,000
JAKOBE FURNITURE
Overland Park,Kansas
$77,000
AGENCY / MEP
RADER AWNING AND
UPHOLSTERY
Albuquerque,New Mexico
$500,000
MELNI CONNECTORS
Twin Falls,Idaho
$250,000
Agency Bureau Account 2014 2015 2016 2017
Budget authority by fiscal year, dollars in millions
$128 	 $130	 $130	 $130
$128 	 $130	 $130	 $130	
Department of
Commerce
National Institute of Standards
and Technology
TOTAL
7
GTUIT
Bozeman,Montana
$900,000
MEP
DELAWARE TECHNICAL
COMMUNITY COLLEGE
Newark, Delaware
$500,000
MISSISSIPPI MANUFACTURERS
ASSOCIATION
Jackson,Mississippi
$1,003,782
UNIVERSITY OF WYOMING
Laramie,Wyoming
$500,000
IOWA STATE UNIVERSITY OF
SCIENCE & TECHNOLOGY
Ames, Iowa
$1,859,206
GENEDGE ALLIANCE
Martinsville,Virginia
$443,462
SelectUSA was
specifically called out
in House fiscal 2018
funding legislation
to not be eligible
for funds from their
parent agency, ITA. In
addition, SelectUSA
is currently without a
permanent Executive
Director and IEDC is
concerned about the
short and long-term
implications of both
funding and staffing
shortages for this
critical program.
SelectUSA,
InternationalTradeAdministration,
U.S.Department of Commerce
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.
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
8
IMPACT AREAS
• Foreign Direct Investment
• Workforce Development
• Infrastructure
• Investment Competitiveness
(removing barriers to investment)
• Innovation
2018 Update
“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
AGENCY / SELECTUSA
LUNG SOON
Astoria,Oregon
$22,000,000
MAGNA INTERNATIONAL
Delta and PlymouthTownships,Michigan
$114,000,000
SAKAE CASTING
Idaho Falls,Idaho
$238,000
ENVISION ENERGY
Boulder,Colorado
1,300,000
PEDS LEGWEAR
Hildebran, North Carolina
$24,000,000
9
LOGOPLASTE
Kansas City, Missouri
$35,000,000
Agency Bureau Account 2014 2015 2016 2017
SelectUSA
Budget authority by fiscal year, dollars in millions
$7 	 $10	 $10	 $12
$7 	 $10	 $10	 $12
Department of
Commerce
International Trade Administration
TOTAL
SOFIDEL GROUP
Circleville, Ohio
$259,000,000
SATA GROUP
Brownsville,Texas
$22,000,000
The CDBG program
received level funding
in fiscal 2017, but
was identified for
elimination in fiscal
2018 and fiscal 2019
in the White House’s
budget proposal. While
the program continues
to enjoy broad,
bipartisan support in
Congress, bolstered
by legion of mayors,
county commissions,
and governors,
economic developers
are still needed to
voice their need for
CDBG.
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 rehabilitation, 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, 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
10
IMPACT AREAS
• Financing
• Entrepreneurship and Innovation
• Small Business
2018 Update
AGENCY / CDBG
Agency Bureau Account 2014 2015 2016 2017
Community Development Fund
Homeless Assistance Grants
Home Investment Partnership Program
Housing Opportunities for Persons with
AIDS
Self-help and Assisted Homeownership
Opportunites Program
Budget authority by fiscal year, dollars in millions
Community
Planning and
Development
$3,100	 $3,066	 $3,359	$3,060
	
$2,105	 $2,135	 $2,250	$2,383
$1,000	$900	 $950	 $950
$330	 $330	 $335	$356
$50	 $50	 $56	$50
$6,585	 $6,481	 $6,950	$6,799	
Department
of Housing
and Urban
Development
TOTAL
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 FUNDING
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
11
“CDBG provided seed money for the redevelopment of some
low to moderate income areas in Broken Arrow that would
otherwise have been overlooked. This involved addressing
critical infrastructure needs, such as the replacing of
aging water and sanitary sewer lines.While these may
not be blockbuster projects that garner a lot of attention,
infrastructure improvements form the foundation on
which economic development can begin.”
Mayor Craig Thurmond,
Broken Arrow,
Oklahoma
SOLAR WATER TREATMENT PLANT
Arlington,Texas
$332,613
LEBANON COMMUNITY CENTER
Smith County,Kansas
$392,383
WELLSPRING RESOURCES
Madison,Illinois
$2,500,000
USDA-RD has
undergone a number
of significant changes,
most impactful being
the elimination of the
under secretariat in
favor of an assistant
to the Secretary of
Agriculture. A number
of key programs within
RD have been marked
for elimination, most
notably the Rural
Business-Cooperative
Service. USDA has
created an ‘innovation
center’ that seeks to
streamline and improve
service offerings and
delivery, which could
have impacts on
economic developers.
The Farm Bill is set
to be debated in the
months ahead and will
surely require economic
development input.
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, 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
12
IMPACT AREAS
• Infrastructure
• Financing
• Entrepreneurship
• Housing
2018 Update
AGENCY / RD
Agency Bureau Account 2014 2015 2016 2017
Rural Business Program Account
Rural Cooperative Development Grants
Intermediary Relending Program
Fund Account
Rural Energy for America Program
Salaries and Expenses
Budget authority by fiscal year, dollars in millions
Rural Business
Cooperative
Service
Rural
Development
TOTAL
$97	 $74	$63	 $65
$26	 $22	$22	 $27
$9	 $10	$10	 $19
$4	 $1		 $.4
$204	 $224	$226	 $.4
$340	 $331	$321	 $523
Department
of Agriculture
13
LOST ACRES VINEYARD
Granby, Connecticut
$200,000
AQUA METALS
Storey County,Nevada
$10,000,000
SILICON RANCH CORPORATION
Camden,Arkansas
$500,000
WATER AND WASTE DISPOSAL PROGRAM
LaVillaTexas
$4,000,000
“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
KAUAI ISLAND UTILITY COOPERATIVE
Kauai,Hawaii
$1,800,000
ALASKA GROWTH
CAPITAL & BERING
AIR, INC.
WesternAlaska*
$10,500,000
SOUTH THERMOPOLIS
WATER AND SEWER DISTRICT
Thermopolis,Wyoming
$640,000
SIDNEY REGIONAL MEDICAL CENTER
Sidney,Nebraska
$32,000,000
PASCOAG UTILITY DISTRICT
BurillvilleVillage,Rhode Island
$2,400,000
FAMILY HEALTH
CENTER OF MARSHFIELD, INC.
NorthernWisconsin
$10,800,000
EXIM has not been
marked for elimination
either fiscal 2018 or
fiscal 2019. However,
the bank remains
without top-level or
board leadership,
preventing them
from achieving full
functionality in benefit
to U.S. exporters.
Appointment and
confirmation of a bank
president and board
members must be
a top priority in the
months ahead.
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. 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
14
IMPACT AREAS
• Financing
• Exporting
• Manufacturing
2018 Update
AGENCY / EXIM
IKONICS CORPRATION
Duluth,Minnesota
$3,000,000
ROSENBAUER AMERICA, LLC
Lyons, South Dakota
$18,000,000
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
LEVELTEK INTERNATIONAL LLC
Benwood,WestVirginia
$460,000
15
“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
Agency Bureau Account 2014 2015 2016 2017
Export-Import Bank
Loans Program Account
Export-Import Bank
Loans, Negative Subsidies
Budget authority by fiscal year, dollars in millions
Export-Import
Bank of the
United States
$4 	 $5 	 $6	 $6	
($23) 	 ($30)		
($675) 	 ($432)	 ($401)	 ($118)
	
($693) 	 ($456)	 ($395)	 ($112)	
Export-Import Bank
of the United States
TOTAL
ANDALOU NATURALS
Novato,California
$1,900,000
DIVERSIFIED PLASTICS, INC.
Missoula,Montana
$1,100,000
MBDA was marked for
elimination in the fiscal
2018 White House
budget proposal but
was not in the fiscal
2019 proposal, marking
a shift. The agency
would be reorganized
and repurposed,
however, which calls for
close examination from
economic developers.
The agency remains
without a permanent
leader.
Minority Business DevelopmentAgency,
U.S.Department of Commerce
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
16
IMPACT AREAS
• Financing
• Small Business and Entrepreneurship
• Economic Equity
2018 Update
BAKER AND CO. LLC
Philadelphia, Pennsylvania
$3,900,000
AGENCY / MBDA
FARROW CONSTRUCTION SPECIALTIES
Seattle,Washington
$4,000,000
UNITED TRIBES TECHNICAL COLLEGE
Bismarck,North Dakota
$1,275,000 MICHIGAN MINORITY
PURCHASING COUNCIL
Detroit, Michigan
$310,225
MVP PLASTICS
Brownsville,Texas
$1,000,000
RURAL ENTERPRISE OF OKLAHOMA
Durant, Oklahoma
$1,275,000
SOUTHERN FLORIDA MINORITY
SUPPLIER DEVELOPMENT COUNCIL
Miami, Florida
$301,975
“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, New Jersey
17
Agency Bureau Account 2014 2015 2016 2017
Minority Business
Development Agency
Budget authority by fiscal year, dollars in millions
$28 	 $28	 $30	 $34
	
$28 	 $28	 $30	 $34	
Department of
Commerce
Minority Business
Development Agency
TOTAL
ROCKY MOUNTAIN MINORITY SUPPLIER
DEVELOPMENT COUNCIL, INC.
Denver,Colorado
$306,300
ARIZONA HISPANIC
CHAMBER OF COMMERCE
Phoenix,Arizona
$291,900
EDA received a
disaster supplemental
appropriation of
$600 million for their
work on the disasters
of 2017. EDA was
marked for elimination
a second time in
the White House's
fiscal 2019 budget
proposal. IEDC is
continuing to seek
support in Congress
for annual funding for
EDA, as well as EDA
reauthorization.
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. WIOA is a legislation designed to increase job
seekers’ access to opportunities for employment, education, training and support services in order
to ensure they succeed in the labor market. Additionally, WIOA also helps 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.
18
2018 Update
• WIOA in Action: WIOA requires the state boards in consultation with chief elected officials and local boards, to
establish criteria and procedures to assess - at least once every 3 months - the effectiveness, accessibility (physical
and programmatic), and continuous improvement of one-stop centers.
• 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 to 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
“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
Agency Bureau Account 2014 2015 2016 2017
The Workforce
Innovation and
Opportunity Act
Budget authority by fiscal year, dollars in millions
Employment and
Training Administration
$3,148 	 $3,139 	 $3,335 	 $3,339	
$3,148 	 $3,139 	$3,335	 $3,339 	
Department of
Labor
TOTAL
19
IMPACT AREAS
• Workforce Development
• Entrepreneurship and Innovation
DRA was marked for
elimination in the fiscal
2018 and fiscal 2019
White House budget
proposals. The agency
continues to have
support from their
region’s Congressional
delegation and
political leadership at
the agency seems to
further support the
long-term prospects
for the program
20
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: From 2015-2016, DRA funded 31 courses on Economic Development and Economic
Resiliency for Elected and Appointed Leaders. Over 450 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
• Workforce Development
• Small Business
2018 Update
AGENCY / DRA
Agency Bureau Account 2014 2015 2016 2017
Delta Regional Authority Delta Regional
Authority
Budget authority by fiscal year, dollars in millions
$12	$12	$25	$25
	
$12	$12	$25	$25	
Delta Regional
Authority
TOTAL
21
RURAL ENTERPRISE OF OKLAHOMA
Cotton Plant,Arkansas
$37,720
MARQUETTE TECH DISTRICT FOUNDATION, INC.
Cape Girardeau,Missouri
$200,000
STRENGTHENING OF KENTUCKY’S WORKFORCE,
INFRASTRUCTURE, AND ECONOMY
Kentucky
$1,455,387
METRO MEMPHIS EXPORT ALLIANCE
Memphis,Tennessee
$155,000
JASPER COUNTY BOARD OF SUPERVISORS
Bay Springs,Mississippi
$350,000
STRENGTHENING OF ILLINOIS’ WORKFORCE,
INFRASTRUCTURE, AND ECONOMY
Hardin County and Evansville, Illinois
$800,000
RECONCILE NEW ORLEANS, INC.
New Orleans,Louisiana
$100,000
ARC was not marked
for elimination in the
fiscal 2019 White
House Budget proposal
and political leadership
at the agency further
support the long-term
outlook.
AppalachianRegionalCommission
Regional Economic Development Agency
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
22
IMPACT AREAS
• Infrastructure
• Small Business
• Workforce Development
2018 Update
AGENCY / ARC
Agency Bureau Account 2014 2015 2016 2017
Appalachian Regional
Commission
Appalachian
Regional
Commission
Budget authority by fiscal year, dollars in millions
$80	 $90	 $146	$152
	
$80	 $90	 $146	$152	
Appalachian
Regional
Commission
TOTAL
23
FUNDING FOR NORTH CAROLINA
COMMUNITY COLLEGES
North Carolina
$1,515,319
GREENVILLE FEED & SEED
Greenville, South Carolina
$250,000
MAKING IT REAL:
GIRLS & MANUFACTURING
Western NewYork
$116,000
UNIVERSITY SYSTEM OF
MARYLAND AT HAGERSTOWN
Hagerstown, Maryland
$300,000
CREATION OF THE UNIVERSITY OF PIKEVILLE
COLLEGE OF OPTOMETRY
Kentucky
$937,500
RENOVATION AND EXPANSION OF GRUNDY
COUNTY MANUFACTURING FACILITY
Tennessee
$879,870
GRANT FOR THE PROMOTION OF
PUBLIC HEALTH
Greater Birmingham,Alabama
$45,000
GRANT TO SUPPOT
WORKFORCE READINESS
INITIATIVE
Mississippi
$8,900,000
The Denali Commission
was marked for
elimination in the fiscal
2019 White House
Budget proposal.
24
2018 Update
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 Bureau Account 2014 2015 2016 2017
Denali
Commission
Denali Commission
Denali Commission
Trust Fund
Budget authority by fiscal year, dollars in millions
Denali
Commission
TOTAL
$10	 $10	$11	 $15
$7	 $6	$6	 $3
	
$17	 $16	$17	 $18
25
The Northern Border
Regional Commission
was identified for
elimination in the fiscal
2019 White House
Budget proposal.
Northern Border Regional Commission
Regional Economic Development Agency
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
26
IMPACT AREAS
• Financing
• Infrastructure
2018 Update
AGENCY / NBRC
Agency Bureau Account 2014 2015 2016 2017
The Northern Border
Regional Commission
The Northern Border
Regional Commission
Budget authority by fiscal year, dollars in millions
The Northern
Border Regional
Commission
TOTAL
$5 	 $5 	 $7.5 	 $10
	
$5 	 $5 	 $7.5 	 $10
CONSTRUCTION OF MUNICIPAL
PUBLIC WATER SYSTEM
Tupper Lake,NewYork
$250,000
REDEVELOPMENT OF AN INDUSTRIAL PARK
Northumberland,New Hampshire
$250,000
RURAL ENTERPRISE OF OKLAHOMA
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
27
NOTES:
NOTES:
EDA
MEP
SELECTUSA
CDBG
USDA-RD
EXIM
MBDA
WIOA
DRA
ARC
DENALI
NBRC
These few programs demonstrate the federal government’s key supporting role in
local and regional job creation and retention. Such programs continue to lead the
way as the nation works towards 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 often provide hand-on work
within communities and policy areas that larger agencies and programs may
overlook. Through careful and deliberate targeting of specific services, regions or
demographics, these federal economic development efforts have the capacity to be
far more impactful, and therefore, other agencies cannot easily absorb or duplicate
their dynamic work. These programs act as an essential component of the 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 officials, 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.

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Why Invest in Economic Development - 2018 Edition

  • 1. WHYINVESTin ECONOMIC Development? An overview of federal economic development organizations and programs
  • 2. 2 Why Invest in Economic Development? Economic development is the core of well-being and quality of life for communities across the United States. It encompasses policies, programs, and activities that seek to create and retain jobs and ultimately facilitate economic growth. The federal government has initiated a range of programs, including infrastructure development, investment promotion, advancement of U.S. manufacturing, innovation & entrepreneurship, and access to financial opportunities. These tools and resources promote economic development, and improve prosperity for all citizens.
  • 3. “The basic question at the core of this debate is this: should the federal government have a role in local economic development and, if so, what are the mechanism for achieving successful outcomes? We resoundingly say YES, it should and that when used effectively by economic development professionals, these very programs are the mechanisms. Economic development requires an ‘all hands on deck’ approach and that includes our federal partners.” Mr. Craig J. Richard, CEcD, FM President & CEO Tampa Hillsborough Economic Development Corporation 2018 IEDC Chair KEY ECONOMIC DEVELOPMENT ADMINISTRATION SELECTUSA MINORITY BUSINESS DEVELOPMENT AGENCY USDA RURAL DEVELOPMENT EXPORT-IMPORT BANK OF THE UNITED STATES MANUFACTURING EXTENSION PARTNERSHIP Federaleconomicdevelopment hasanationalimpact 3 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. ASelectionofFederalInvestments DELTA REGIONAL AUTHORITY COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM NORTHERN BORDER REGIONAL COMMISSION APPALACHIAN REGIONAL COMMISSION DENALI COMMISSION
  • 4. 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. Through 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. • EDA in Action: EDA invested approximately $238 million in FY 15 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 $4.2 billion 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 4 IMPACT AREAS • Infrastructure • Entrepreneurship and Innovation • Disaster Relief • Workforce Development • Manufacturing EDA received a disaster supplemental appropriation of $600 million for their work on the disasters of 2017. EDA was marked for elimination a second time in the White House's fiscal 2019 budget proposal. IEDC is continuing to seek support in Congress for annual funding for EDA, as well as EDA reauthorization. 2018 Update
  • 5. 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 $5,000PACIFIC NORTHWEST DIABETES INSTITUTE Puget Sound,Washington $2,000,000 AGENCY / EDA OGDEN BUSINESS EXCHANGE Ogden,Utah $2,200,000 5 THE PATERSON RESTORATION CORPORATION Paterson, New Jersey $60,134 “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, Oklahoma Budget authority by fiscal year, dollars in millions Agency Bureau Account 2014 2015 2016 2017 Salaries and Expenses Department of Commerce $210 $208 $212 $237 $37 $37 $39 $39 $247 $245 $251 $276 Economic Development Administration TOTAL Economic Development Assistance Programs MUNICIPALITY OF FAJARDO Puerto Rico $120,000 AGRI-BUSINESS ECONOMIC DEVELOPMENT CENTER USVirgin Islands $1,985,218 INTER-TRIBAL COUNCIL OF ARIZONA Phoenix,Arizona $94,216 NEW MEXICO STATE UNIVERSITY Las Cruces,New Mexico $368,760 TELLURIDE FOUNDATION Telluride,Colorado $499,720 DREXEL UNIVERSITY/CITY OF PHILADELPHIA Philadelphia, Pennsylvania $1,500,000 DELAWARE TECHNOLOGY PARK, INCORPORATED DuPont, Delaware $516,899 EASTERN WYOMING COMMUNITY COLLEGE Goshen County,Wyoming $1.5 million
  • 6. 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 6 IMPACT AREAS • Manufacturing • Innovation • Workforce Development MEP was marked for elimination in both the White House’s fiscal 2018 and fiscal 2019 budget proposals. Despite this fact, MEP benefits from broad, bi-partisan support for their critical work in supporting manufacturing. MEP continues to rely on support from economic developers to ensure continued funding from Congress. 2018 Update
  • 7. “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 T-H MARINE Montgomery,Alabama $125,000 SPACE AGE ELECTRONICS Worcester, Massachussets $4,500,000 JAKOBE FURNITURE Overland Park,Kansas $77,000 AGENCY / MEP RADER AWNING AND UPHOLSTERY Albuquerque,New Mexico $500,000 MELNI CONNECTORS Twin Falls,Idaho $250,000 Agency Bureau Account 2014 2015 2016 2017 Budget authority by fiscal year, dollars in millions $128 $130 $130 $130 $128 $130 $130 $130 Department of Commerce National Institute of Standards and Technology TOTAL 7 GTUIT Bozeman,Montana $900,000 MEP DELAWARE TECHNICAL COMMUNITY COLLEGE Newark, Delaware $500,000 MISSISSIPPI MANUFACTURERS ASSOCIATION Jackson,Mississippi $1,003,782 UNIVERSITY OF WYOMING Laramie,Wyoming $500,000 IOWA STATE UNIVERSITY OF SCIENCE & TECHNOLOGY Ames, Iowa $1,859,206 GENEDGE ALLIANCE Martinsville,Virginia $443,462
  • 8. SelectUSA was specifically called out in House fiscal 2018 funding legislation to not be eligible for funds from their parent agency, ITA. In addition, SelectUSA is currently without a permanent Executive Director and IEDC is concerned about the short and long-term implications of both funding and staffing shortages for this critical program. SelectUSA, InternationalTradeAdministration, U.S.Department of Commerce 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. 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 8 IMPACT AREAS • Foreign Direct Investment • Workforce Development • Infrastructure • Investment Competitiveness (removing barriers to investment) • Innovation 2018 Update
  • 9. “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 AGENCY / SELECTUSA LUNG SOON Astoria,Oregon $22,000,000 MAGNA INTERNATIONAL Delta and PlymouthTownships,Michigan $114,000,000 SAKAE CASTING Idaho Falls,Idaho $238,000 ENVISION ENERGY Boulder,Colorado 1,300,000 PEDS LEGWEAR Hildebran, North Carolina $24,000,000 9 LOGOPLASTE Kansas City, Missouri $35,000,000 Agency Bureau Account 2014 2015 2016 2017 SelectUSA Budget authority by fiscal year, dollars in millions $7 $10 $10 $12 $7 $10 $10 $12 Department of Commerce International Trade Administration TOTAL SOFIDEL GROUP Circleville, Ohio $259,000,000 SATA GROUP Brownsville,Texas $22,000,000
  • 10. The CDBG program received level funding in fiscal 2017, but was identified for elimination in fiscal 2018 and fiscal 2019 in the White House’s budget proposal. While the program continues to enjoy broad, bipartisan support in Congress, bolstered by legion of mayors, county commissions, and governors, economic developers are still needed to voice their need for CDBG. 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 rehabilitation, 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, 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 10 IMPACT AREAS • Financing • Entrepreneurship and Innovation • Small Business 2018 Update
  • 11. AGENCY / CDBG Agency Bureau Account 2014 2015 2016 2017 Community Development Fund Homeless Assistance Grants Home Investment Partnership Program Housing Opportunities for Persons with AIDS Self-help and Assisted Homeownership Opportunites Program Budget authority by fiscal year, dollars in millions Community Planning and Development $3,100 $3,066 $3,359 $3,060 $2,105 $2,135 $2,250 $2,383 $1,000 $900 $950 $950 $330 $330 $335 $356 $50 $50 $56 $50 $6,585 $6,481 $6,950 $6,799 Department of Housing and Urban Development TOTAL 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 FUNDING 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 11 “CDBG provided seed money for the redevelopment of some low to moderate income areas in Broken Arrow that would otherwise have been overlooked. This involved addressing critical infrastructure needs, such as the replacing of aging water and sanitary sewer lines.While these may not be blockbuster projects that garner a lot of attention, infrastructure improvements form the foundation on which economic development can begin.” Mayor Craig Thurmond, Broken Arrow, Oklahoma SOLAR WATER TREATMENT PLANT Arlington,Texas $332,613 LEBANON COMMUNITY CENTER Smith County,Kansas $392,383 WELLSPRING RESOURCES Madison,Illinois $2,500,000
  • 12. USDA-RD has undergone a number of significant changes, most impactful being the elimination of the under secretariat in favor of an assistant to the Secretary of Agriculture. A number of key programs within RD have been marked for elimination, most notably the Rural Business-Cooperative Service. USDA has created an ‘innovation center’ that seeks to streamline and improve service offerings and delivery, which could have impacts on economic developers. The Farm Bill is set to be debated in the months ahead and will surely require economic development input. 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, 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 12 IMPACT AREAS • Infrastructure • Financing • Entrepreneurship • Housing 2018 Update
  • 13. AGENCY / RD Agency Bureau Account 2014 2015 2016 2017 Rural Business Program Account Rural Cooperative Development Grants Intermediary Relending Program Fund Account Rural Energy for America Program Salaries and Expenses Budget authority by fiscal year, dollars in millions Rural Business Cooperative Service Rural Development TOTAL $97 $74 $63 $65 $26 $22 $22 $27 $9 $10 $10 $19 $4 $1 $.4 $204 $224 $226 $.4 $340 $331 $321 $523 Department of Agriculture 13 LOST ACRES VINEYARD Granby, Connecticut $200,000 AQUA METALS Storey County,Nevada $10,000,000 SILICON RANCH CORPORATION Camden,Arkansas $500,000 WATER AND WASTE DISPOSAL PROGRAM LaVillaTexas $4,000,000 “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 KAUAI ISLAND UTILITY COOPERATIVE Kauai,Hawaii $1,800,000 ALASKA GROWTH CAPITAL & BERING AIR, INC. WesternAlaska* $10,500,000 SOUTH THERMOPOLIS WATER AND SEWER DISTRICT Thermopolis,Wyoming $640,000 SIDNEY REGIONAL MEDICAL CENTER Sidney,Nebraska $32,000,000 PASCOAG UTILITY DISTRICT BurillvilleVillage,Rhode Island $2,400,000 FAMILY HEALTH CENTER OF MARSHFIELD, INC. NorthernWisconsin $10,800,000
  • 14. EXIM has not been marked for elimination either fiscal 2018 or fiscal 2019. However, the bank remains without top-level or board leadership, preventing them from achieving full functionality in benefit to U.S. exporters. Appointment and confirmation of a bank president and board members must be a top priority in the months ahead. 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. 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 14 IMPACT AREAS • Financing • Exporting • Manufacturing 2018 Update
  • 15. AGENCY / EXIM IKONICS CORPRATION Duluth,Minnesota $3,000,000 ROSENBAUER AMERICA, LLC Lyons, South Dakota $18,000,000 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 LEVELTEK INTERNATIONAL LLC Benwood,WestVirginia $460,000 15 “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 Agency Bureau Account 2014 2015 2016 2017 Export-Import Bank Loans Program Account Export-Import Bank Loans, Negative Subsidies Budget authority by fiscal year, dollars in millions Export-Import Bank of the United States $4 $5 $6 $6 ($23) ($30) ($675) ($432) ($401) ($118) ($693) ($456) ($395) ($112) Export-Import Bank of the United States TOTAL ANDALOU NATURALS Novato,California $1,900,000 DIVERSIFIED PLASTICS, INC. Missoula,Montana $1,100,000
  • 16. MBDA was marked for elimination in the fiscal 2018 White House budget proposal but was not in the fiscal 2019 proposal, marking a shift. The agency would be reorganized and repurposed, however, which calls for close examination from economic developers. The agency remains without a permanent leader. Minority Business DevelopmentAgency, U.S.Department of Commerce 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 16 IMPACT AREAS • Financing • Small Business and Entrepreneurship • Economic Equity 2018 Update
  • 17. BAKER AND CO. LLC Philadelphia, Pennsylvania $3,900,000 AGENCY / MBDA FARROW CONSTRUCTION SPECIALTIES Seattle,Washington $4,000,000 UNITED TRIBES TECHNICAL COLLEGE Bismarck,North Dakota $1,275,000 MICHIGAN MINORITY PURCHASING COUNCIL Detroit, Michigan $310,225 MVP PLASTICS Brownsville,Texas $1,000,000 RURAL ENTERPRISE OF OKLAHOMA Durant, Oklahoma $1,275,000 SOUTHERN FLORIDA MINORITY SUPPLIER DEVELOPMENT COUNCIL Miami, Florida $301,975 “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, New Jersey 17 Agency Bureau Account 2014 2015 2016 2017 Minority Business Development Agency Budget authority by fiscal year, dollars in millions $28 $28 $30 $34 $28 $28 $30 $34 Department of Commerce Minority Business Development Agency TOTAL ROCKY MOUNTAIN MINORITY SUPPLIER DEVELOPMENT COUNCIL, INC. Denver,Colorado $306,300 ARIZONA HISPANIC CHAMBER OF COMMERCE Phoenix,Arizona $291,900
  • 18. EDA received a disaster supplemental appropriation of $600 million for their work on the disasters of 2017. EDA was marked for elimination a second time in the White House's fiscal 2019 budget proposal. IEDC is continuing to seek support in Congress for annual funding for EDA, as well as EDA reauthorization. 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. WIOA is a legislation designed to increase job seekers’ access to opportunities for employment, education, training and support services in order to ensure they succeed in the labor market. Additionally, WIOA also helps 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. 18 2018 Update
  • 19. • WIOA in Action: WIOA requires the state boards in consultation with chief elected officials and local boards, to establish criteria and procedures to assess - at least once every 3 months - the effectiveness, accessibility (physical and programmatic), and continuous improvement of one-stop centers. • 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 to 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 “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 Agency Bureau Account 2014 2015 2016 2017 The Workforce Innovation and Opportunity Act Budget authority by fiscal year, dollars in millions Employment and Training Administration $3,148 $3,139 $3,335 $3,339 $3,148 $3,139 $3,335 $3,339 Department of Labor TOTAL 19 IMPACT AREAS • Workforce Development • Entrepreneurship and Innovation
  • 20. DRA was marked for elimination in the fiscal 2018 and fiscal 2019 White House budget proposals. The agency continues to have support from their region’s Congressional delegation and political leadership at the agency seems to further support the long-term prospects for the program 20 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: From 2015-2016, DRA funded 31 courses on Economic Development and Economic Resiliency for Elected and Appointed Leaders. Over 450 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 • Workforce Development • Small Business 2018 Update
  • 21. AGENCY / DRA Agency Bureau Account 2014 2015 2016 2017 Delta Regional Authority Delta Regional Authority Budget authority by fiscal year, dollars in millions $12 $12 $25 $25 $12 $12 $25 $25 Delta Regional Authority TOTAL 21 RURAL ENTERPRISE OF OKLAHOMA Cotton Plant,Arkansas $37,720 MARQUETTE TECH DISTRICT FOUNDATION, INC. Cape Girardeau,Missouri $200,000 STRENGTHENING OF KENTUCKY’S WORKFORCE, INFRASTRUCTURE, AND ECONOMY Kentucky $1,455,387 METRO MEMPHIS EXPORT ALLIANCE Memphis,Tennessee $155,000 JASPER COUNTY BOARD OF SUPERVISORS Bay Springs,Mississippi $350,000 STRENGTHENING OF ILLINOIS’ WORKFORCE, INFRASTRUCTURE, AND ECONOMY Hardin County and Evansville, Illinois $800,000 RECONCILE NEW ORLEANS, INC. New Orleans,Louisiana $100,000
  • 22. ARC was not marked for elimination in the fiscal 2019 White House Budget proposal and political leadership at the agency further support the long-term outlook. AppalachianRegionalCommission Regional Economic Development Agency 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 22 IMPACT AREAS • Infrastructure • Small Business • Workforce Development 2018 Update
  • 23. AGENCY / ARC Agency Bureau Account 2014 2015 2016 2017 Appalachian Regional Commission Appalachian Regional Commission Budget authority by fiscal year, dollars in millions $80 $90 $146 $152 $80 $90 $146 $152 Appalachian Regional Commission TOTAL 23 FUNDING FOR NORTH CAROLINA COMMUNITY COLLEGES North Carolina $1,515,319 GREENVILLE FEED & SEED Greenville, South Carolina $250,000 MAKING IT REAL: GIRLS & MANUFACTURING Western NewYork $116,000 UNIVERSITY SYSTEM OF MARYLAND AT HAGERSTOWN Hagerstown, Maryland $300,000 CREATION OF THE UNIVERSITY OF PIKEVILLE COLLEGE OF OPTOMETRY Kentucky $937,500 RENOVATION AND EXPANSION OF GRUNDY COUNTY MANUFACTURING FACILITY Tennessee $879,870 GRANT FOR THE PROMOTION OF PUBLIC HEALTH Greater Birmingham,Alabama $45,000 GRANT TO SUPPOT WORKFORCE READINESS INITIATIVE Mississippi $8,900,000
  • 24. The Denali Commission was marked for elimination in the fiscal 2019 White House Budget proposal. 24 2018 Update
  • 25. 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 Bureau Account 2014 2015 2016 2017 Denali Commission Denali Commission Denali Commission Trust Fund Budget authority by fiscal year, dollars in millions Denali Commission TOTAL $10 $10 $11 $15 $7 $6 $6 $3 $17 $16 $17 $18 25
  • 26. The Northern Border Regional Commission was identified for elimination in the fiscal 2019 White House Budget proposal. Northern Border Regional Commission Regional Economic Development Agency 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 26 IMPACT AREAS • Financing • Infrastructure 2018 Update
  • 27. AGENCY / NBRC Agency Bureau Account 2014 2015 2016 2017 The Northern Border Regional Commission The Northern Border Regional Commission Budget authority by fiscal year, dollars in millions The Northern Border Regional Commission TOTAL $5 $5 $7.5 $10 $5 $5 $7.5 $10 CONSTRUCTION OF MUNICIPAL PUBLIC WATER SYSTEM Tupper Lake,NewYork $250,000 REDEVELOPMENT OF AN INDUSTRIAL PARK Northumberland,New Hampshire $250,000 RURAL ENTERPRISE OF OKLAHOMA 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 27
  • 30. EDA MEP SELECTUSA CDBG USDA-RD EXIM MBDA WIOA DRA ARC DENALI NBRC These few programs demonstrate the federal government’s key supporting role in local and regional job creation and retention. Such programs continue to lead the way as the nation works towards 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 often provide hand-on work within communities and policy areas that larger agencies and programs may overlook. Through careful and deliberate targeting of specific services, regions or demographics, these federal economic development efforts have the capacity to be far more impactful, and therefore, other agencies cannot easily absorb or duplicate their dynamic work. These programs act as an essential component of the 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 officials, 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.