To lead the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the worldwide economy.
The EDA's grant program aims to support regional economic development through various planning and technical assistance initiatives. It includes Partnership Planning for designated planning organizations and Indian Tribes to help develop Comprehensive Economic Development Strategies (CEDS), guiding regional prosperity. Additionally, the program offers Short-Term and State Planning awards to aid in planning activities that aim at job creation and retention in economically distressed regions. The Local Technical Assistance program strengthens the capacity of various entities to conduct economic development through feasibility studies, impact analyses, disaster resiliency plans, and project planning.