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Fresno State OCED Teams with U.S. EDA To Host Funding Workshop

 

Since 2012, OCED and the Center for Economic Development at Chico State have jointly administered the Central Valley University Center, a partnership fueled by the U.S. Economic Development Administration that helps advance economic development in a 31-county region. The partnership helps further industry growth, job creation, entrepreneurship, innovation, commercialization and workforce development.

Last month, OCED and representatives from the U.S. Economic Development Administration and the University of Southern California presented a workshop on the EDA's 2018 Disaster Supplemental funding opportunity. During the workshop, participants from across the San Joaquin Valley learned about the new investment assistance from EDA: $587 million allocated for Economic Adjustment Assistance program funds, and of that, $93.8 million earmarked for the Western region.

Deepak Bahl, the Program Director for the University of Southern California Center for Economic Development, described the funding program to participants, and discussed the eligible geographic locations. He explained that the program is designed to help communities implement long-term economic recovery strategies through non-construction and construction projects, while fostering economic growth and job creation. He also said that the projects should leverage local dollars to help create additional jobs.

EDA Economic Development Representative for Southern and Central California, Wilfred Marshall, who works with review boards that recommend projects for funding, took specific questions from participants regarding their own project ideas, and said that in general, EDA would fund half of the approved project cost, but on a case-by-case basis, would consider up to 100%, with Native American tribal projects eligible for 100%. The funding opportunity is open to city and county governments, higher education institutions, federally recognized Native American tribal governments, special districts and nonprofit organizations.

More information about the FY2018 EDA Disaster Supplemental funding opportunity, including information on the application process, can be found online at grants.gov.