Innovative Metrics for Economic Development - Proof of Concept Study

The summary for the Innovative Metrics for Economic Development - Proof of Concept Study grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Department of Commerce, which is the U.S. government agency offering this grant.

Innovative Metrics for Economic Development - Proof of Concept Study: EDA seeks applications to develop and test measures, metrics, indicators, and methodologies to help the agency more effectively assess, evaluate, and report on the full impact of its economic development investments on regional economies across the Nation. Proposals must discuss how robust indicators and metrics will be identified; establish appropriate program metrics for EDA investments and validate the statistical relationship between grant outputs and outcomes (capacity building) and realized (economic growth, competitiveness and sustainability) outcomes. EDA is particularly interested in appropriate program metrics for non-construction, innovation-supporting programs. Models must include testing on EDA grantees, an impact analysis design and how a valid statistical methodology will corroborate that the proposed metric model works. All metrics should be consistent with EDA's logic model. Deliverables will include an implementation toolkit accessible to EDA staff with operational recommendations in addition to reports establishing proven metrics, supporting analysis and statistical corroboration.

Federal Grant Title:	Innovative Metrics for Economic Development - Proof of Concept Study
Federal Agency Name:	Department of Commerce (DOC)
Grant Categories:	Other Regional Development
Type of Opportunity:	Discretionary
Funding Opportunity Number:	EDA-HDQ-RNTA-2015-2004523
Type of Funding:	Cooperative Agreement
CFDA Numbers:	11.312
CFDA Descriptions:	Information not provided
Current Application Deadline:	August 21st, 2015
Original Application Deadline:	August 21st, 2015
Posted Date:	July 8th, 2015
Creation Date:	July 8th, 2015
Archive Date:	September 20th, 2015
Total Program Funding:
Maximum Federal Grant Award:	$300,000
Minimum Federal Grant Award:	$0
Expected Number of Awards:
Cost Sharing or Matching:	Yes
Last Updated:	July 8th, 2015

Category Explanation: Development and testing of measures, metrics, indicators, and methodologies to help EDA more effectively assess, evaluate, and report on the full impact of its economic development investments on regional economies across the Nation.
Applicants Eligible for this Grant: State governments - County governments - City or township governments - Special district governments - Public and State controlled institutions of higher education - Native American tribal governments (Federally recognized) - Nonprofits having a 501 (c) (3) status with the IRS, other than institutions of higher education - Nonprofits that do not have a 501 (c) (3) status with the IRS, other than institutions of higher education - Private institutions of higher education - Others (see text field entitled "Additional Information on Eligibility" for clarification.)
Additional Information on Eligibility: Pursuant to section 3(4) of PWEDA (42 U.S.C. § 3122(4)) and 13 CFR § 300.3 (Eligible Recipient), eligible applicants for and recipients of EDA investment assistance include a District Organization; an Indian Tribe or a consortium of Indian Tribes; a State; a 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; an institution of higher education or a consortium of institutions of higher education; or a public or private non-profit organization or association acting in cooperation with officials of a political subdivision of a State.
Grant Announcement Contact: Research and National Technical Assistance Staff
[email protected]
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