RFP Summary provided by the agency
This ARPA BBBRC NOFO is designed as a two-phase competition to (1) help regions develop transformational economic development strategies and (2) fund the implementation of those strategies that will create and grow regional growth clusters. Such efforts will help regional economies recover from the pandemic and build economic diversity and resiliency to mitigate impacts of future economic disasters.
In Phase 1, EDA will provide technical assistance grants to approximately 50-60 coalitions (through a lead institution). These coalitions will be considered “finalists” and the grants will be used by the finalists to prepare more detailed applications for transformational projects that benefit their respective geographic regions and are aligned around a holistic approach to building and scaling a strategic industry.
In Phase 2, EDA will award each of the 20-30 finalist coalitions $25-75 million (and potentially up to $100 million) to fund the collection of projects they identified. The projects will be funded through grants to coalition members.
Commerce and the Blue Economy: Webinar /Discussion
Build Back Better Regional Challenge Webinar
What is the mission and focus of the program: research, social, economic or others?
Economic, Regional Development
How do you submit to this opportunity?
Apply through Grants.gov
Who are the target applicants: cities, universities, companies, small business, nonprofits, or others?
EDA invites eligible applicants to form regional coalitions to apply for funding to implement a collection of three to eight distinct but related projects in their region, in coordination with industry and community partners, and aligned around a holistic vision to build and scale a strategic industry cluster. Applicants should identify one key coordinating lead institution per regional cluster to lead the concept and projects into the implementation phase, while fostering collaboration and coordinating resources to ensure these investments have the greatest economic impact on our communities, regions, and the nation.
Coalition members eligible to apply for investment assistance for their region include a(n):
- District Organization of an EDA-designated Economic Development District
- Indian Tribe or a consortium of Indian Tribes
- State, county, city, or other political subdivision of a State, including a special purpose unit of a State or local government engaged in economic or infrastructure development activities, or a consortium of political subdivisions
- Institution of higher education or a consortium of institutions of higher education
- Public or private non-profit organization or association acting in cooperation with officials of a political subdivision of a State