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EDA: Innovation in Economic Development Competition

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EDA Innovation in Economic Development Competition: Deadline August 27

The U.S. Economic Development Administration announced funding for projects that advance innovation, boost competitiveness, and create jobs. Grants will be given to innovations in commercialization, regional innovation clusters, global export promotion, and green technology. The deadline for submitting an entry is August 27, 2010. Awards winners will be announced on October 27, 2010. EDA's Innovation in Economic Development Awards (Formerly the EDA Excellence Award Program) recognize innovative economic development projects or strategies of national significance. The awards are designed to showcase best practices and highlight outstanding results.

This year's four award categories are:

  • Innovation in Regional Innovation Clusters (RICs). The entry advances the development of geographic concentrations of firms and industries that do business regionally, across sectors.
  • Innovation in Commercialization. The entry promotes the commercialization of university research and technology, business incubators and research parks to foster job creation.
  • Innovation in Global Export Promotion. The entry successfully promotes American goods overseas and manufacturing revitalization, bolstering competitiveness abroad and creating higher-skill, higher-wage jobs.
  • Innovation in Green Technology. The entry promotes innovative strategies in the development of environmentally-friendly technology, projects, or partnerships that attract substantial private capital investment and create higher-skill, higher-wage jobs.

For complete details about this opportunity and the application, click here.

 

Strong Local Econmies Spotlight

Grantee Spotlight: Baltimore's Safe & Sound Campaign

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Baltimore's Safe & Sound Campaign's Ready By 21 Compact is a new effort that will provide a pathway for young adults aging out of the foster care system or in the state's custody to earn their high school diplomas or GEDs, receive life skills and career training, and be placed in career ladder jobs that pay good wages and benefits. The Campaign will implement a culinary arts workforce development program for a cohort of these young adults.

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