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Commerce Announces Appointments to National Advisory Council on Innovation and Entrepreneurship

The U.S. Department of Commerce has announced that 30 individuals will serve in the third membership cycle of the National Advisory Council on Innovation and Entrepreneurship (NACIE). NACIE, which was established in 2010, advises the secretary of Commerce on transformational policies to help communities, businesses and the American workforce become more globally competitive. With members serving two-year appointments, the newest appointments tothe council include representatives from the private, nonprofit and academic sectors, including several organizations involved in technology-based economic development. Furthermore, five of the NACIE members are returning to provide institutional knowledge that helps bridge the transition to the next presidential administration, according to a blogpost written by Julie Lenzer, director of Innovation and Entrepreneurship at the U.S. Economic Development Administration. Included in the appointments is SSTI Board member, Rebecca Bagley, vice chancellor for Economic Partnerships at the University of Pittsburgh. A full list of and biographical information on the newly appointed NACIE members can be found here.

Obama Administration Awards $38.8M to Support Economic, Workforce Development Projects in Coal-Impacted Communities

The Economic Development Administration (EDA), the Appalachian Regional Commission (ARC), and the Department of Labor’s Employment and Training Administration (ETA) have announced $38.8 million in funding as a part of the Obama administration’s Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative – a coordinated federal effort to align, leverage and target a range of federal economic and workforce development programs and resources to assist communities negatively impacted by global transition away from coal.  In addition to $38.8 million in federal support, the federal partners anticipate that POWER investments will help coal-impacted communities leverage an additional $67 million from other public and private partners.

ARC, EDA Announce Nearly $65M in POWER Funds for Coal-Impacted Communities

This week, the Appalachian Regional Commission (ARC) and the Department of Commerce’s Economic Development Administration (EDA) announced that FY 2016 funds for the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) program are now available. Now in its second year, POWER is a multi-agency effort to invest federal economic and workforce development resources in communities and regions negatively impacted by changes in the coal economy. In total, the EDA is making an additional $19.6 million available for POWER project grants under the agency’s Economic Adjustment Assistance program, while the ARC is making $45 million available under the Appalachian Area Development Program.

EDA Releases FFO for $15M Regional Innovation Strategies Program

The Economic Development Administration (EDA) released the Federal Funding Opportunity (FFO) and began accepting applications for the 2016 round of Regional Innovation Strategies (RIS) Program funding. In this round of funding, the EDA has made $15 million in federal funding available to create and expand cluster-focused proof-of-concept and commercialization programs and early stage seed capital funds through the i6 Challenge and the Seed Fund Support (SFS) Grant competition, respectively.  Managed by EDA’s Office of Innovation and Entrepreneurship (OIE), EDA has made $13 million available for i6 Challenge grants and $2 million available for SFS grants. The deadline for the 2016 RIS FFO is 11:59 P.M. ET on June 24. Read the FFO…

EDA To Open $15M Regional Innovation Competition in April

On April 25, the Economic Development Administration (EDA) will begin accepting applications for the 2016 round of the Regional Innovation Strategies (RIS) program. A total of $15 million in federal funding will be available through the program’s i6 Challenge and Seed Fund Support Grant competition. EDA will hold a series of webinars next week leading up to the release of the Federal Funding Opportunity on April 25, 2016. Webinar times are available on EDA’s RIS page. SSTI will host a post-launch webinar with EDA on May 5, 2016 at 2:00 P.M. EDT. Register today…

Obama Administration Announces $66M via POWER Initiative

In partnership with the Appalachian Regional Commission (ARC), the Economic Development Administration (EDA) announced the availability of $65.8 million in new funding through the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) initiative. The POWER Initiative is a multi-agency effort aligning and targeting federal economic and workforce development resources to communities, regions and workers that have been affected by job losses in coal mining, coal power plant operations, and coal-related supply chain industries. The new funding will help communities and regions develop new strategies for economic growth and worker advancement.

EDA to Host Conference Call for 2016 Hannover Messe International Trade Show

On Friday, November 6, at 10:00 A.M. ET, the Economic Development Administration will host a conference call for economic development organizations that are interested in participating in Hannover Messe 2016 – the world’s largest trade show for industrial goods, technology, and R&D. The conference call agenda includes information on U.S. Industry Pavilions for SMES/Export Services; the show’s Research & Technology Pavilion; and, a Q&A with SelectUSA, U.S. Export Assistance Centers, Deutsche Messe AG, and Hannover Fairs USA. To register, please e-mail Micah Escobedo (micah.escobedo@trade.gov).

Reminder: Deadline for 2015 Regional Innovation Strategies Applications October 5

As a reminder, the closing date for applications to the Regional Innovation Strategies (RIS) program is Monday, October 5. A program of the EDA’s Office of Innovation and Entrepreneurship, the 2015 RIS Program Competition includes $10 million to support two unique grant opportunities:

EDA Streamlines Grant Application Process

Applicants for the Economic Development Administration’s (EDA) FY 2016 Public Works and Economic Adjustment Assistance Programs Federal Funding Opportunity (FFO) will notice some changes to the application process when the FFO is released in the coming weeks. The standard ED-900 form has been replaced with a selection of shorter forms that can be mixed and matched to fit the needs of different solicitations. Also, a short proposal form can be submitted to ascertain whether a project is responsive to the FFO, instead of having to complete a full application. EDA is planning several webinars to provide more guidance once the FFO is released. Read the announcement at: http://www.eda.gov/news/blogs/2015/09/01/highlight.htm.

EDA Leads $35M Multi-Agency Initiative to Strengthen, Diversify Coal-Reliant Communities

Through the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative, an effort among multiple federal agencies led by the Department of Commerce’s Economic Development Administration (EDA), up to $35.5 million in funding is now available to provide investments in communities and workers negatively impacted by changes in the coal industry and power sector. As the ways in which electricity is generated and used continue to change, workers in coal-reliant communities are heavily impacted by market, technological, and regulatory forces such as booming natural gas production, declining costs for renewable energy, increases in energy efficiency, flattening electricity demand, and updated clean air standards. The initiative seeks to attract projects from partnerships of regionally driven economic development and workforce development organizations with the intent of enabling grantees to build economic resilience, industry diversification, and promote new job creation opportunities. 

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