FDI and Trade: International Engagement Ready Communities

The summary for the FDI and Trade: International Engagement Ready Communities 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.
FDI and Trade: International Engagement Ready Communities: There is tremendous variability among state and local Economic Development Organizations (EDOs) engaged in foreign direct investment (FDI) and export strategies and promotion. To be more globally competitive, these communities of varied resource abilities must develop a strong regional plan that provide them with a roadmap to attract more FDI and increase international business opportunities for their communities. This initiative will assist communities in attracting more FDI as well as increase export promotion to strengthen their local economies by identifying and applying best practices that use international markets to create domestic jobs.EDA seeks to accomplish the following activities and outputs with this award: 1) Identify and understand the characteristics of an effective trade and FDI promotion strategy, and the barriers to success at the local and regional level;2) Develop best practice reports; 3) Develop cluster specific assessment tool and tool kit training guide;4) Develop a user-friendly applied findings toolkit that communities can use to easily:a) Assess the efficacy of their overall international engagement;b) Identify areas of potential global competitiveness in trade and investment given assets in their respective geographies; andc) Develop and implement an enhanced international engagement strategy that may be incorporated into a Comprehensive Economic Development Strategy (CEDS) or similar document.
Federal Grant Title: FDI and Trade: International Engagement Ready Communities
Federal Agency Name: Department of Commerce (DOC)
Grant Categories: Business and Commerce Community Development Regional Development
Type of Opportunity: Discretionary
Funding Opportunity Number: EDA-HDQ-RNTA-2017-2005262
Type of Funding: Cooperative Agreement
CFDA Numbers: 11.312
CFDA Descriptions: Information not provided
Current Application Deadline: June 12th, 2017
Original Application Deadline: June 12th, 2017
Posted Date: May 11th, 2017
Creation Date: May 11th, 2017
Archive Date: July 8th, 2017
Total Program Funding:
Maximum Federal Grant Award: $600,000
Minimum Federal Grant Award: $0
Expected Number of Awards: 1
Cost Sharing or Matching: No
Last Updated: May 9th, 2017
Category Explanation
Foreign Direct Investment
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 of the Public Works and Economic Development Act of 1965 (42 U.S.C. § 3122) (PWEDA) and EDA's regulation at 13 C.F.R. § 300.3, the following types of entities are eligible to receive funding assistance from EDA: 1. District Organizations (as defined in 13 C.F.R. § 300.3); 2. Indian Tribes or a consortium of Indian Tribes; 3. States, cities, or other political subdivisions 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; 4. Institutions of higher education or a consortium of institutions of higher education (excluding for profit institutions of higher education); or 5. Public or private non-profit organizations or associations acting in cooperation with officials of a political subdivision of a State.
Link to Full Grant Announcement
Information not provided
Grant Announcement Contact
Bernadette Grafton
Program Analyst
Phone 202-482-2917
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