Economic Development

Economic Development District

Eastgate is an Economic Development District (EDD) under the U.S. Depart of Commerce’s Economic Development Administration (EDA). As an EDD, Eastgate plays a key role in local economic development by allowing the region to establish priorities for projects and investments. This process helps EDA more effectively invest federal dollars in sustainable job growth opportunities. EDA supplies a wide range of flexible technical assistance and expertise in its toolbox to allow regions to innovate and respond to changing economic needs and conditions that local governments face.

Comprehensive Economic Development Strategy (CEDS)

The Comprehensive Economic Development Strategy (CEDS) is a legal requirement by the Economic Development Administration (EDA) that officially designates the Economic Development District (EDD) as eligible for EDA funding of public works and development projects for a five-year period of time. The CEDS contains a descriptive analysis of the region’s economic health, its demographic features, and its strengths, weaknesses, opportunities, and threats. The CEDS may be used to update and refine local planning documents, prioritize and fund projects and improvements, and identify opportunities for collaboration.

Project Profile Form

Eastgate advises entities to fill out a Project Profile form to better allow our team to identify appropriate funding sources. The form collects basic information about projects, including contact information, project description, type and readiness, project partners, funding sources and total project costs. Projects may be submitted even if they are at the initial stage without secured funding. Profile submissions are accepting on a rolling basis and are updated annually.

View Form

Types of EDA Grants and Eligibility Criteria

Eastgate has been an EDD since 1992 and allows Ashtabula, Mahoning, and Trumbull counties to qualify and apply for EDA grants. Eastgate works closely with the EDA Regional Office in Chicago and the federal office on various grant opportunities. Grants utilized in the Eastgate region include the following:

  • Public Works & Economic Development: Supports the construction, expansion, or upgrade of essential public infrastructure and facilities.
  • Economic Adjustment Assistance: Provides a wide range of technical, planning, and public works and infrastructure assistance in regions experiencing adverse economic changes that may occur suddenly or over time.
  • Planning Assistance: Assists local and regional organizations with their short and long-term planning efforts.

Other grant opportunities are available. For more information please check EDA.gov and grants.gov.

Example Projects: Centers of Advanced Manufacturing Workforce Development, Improvements to Rail Infrastructure to Attract Foreign Direct Investment, Regional Corridor Studies for Business Attraction, Revolving Loan Funds, Industrial Park Development, Infrastructure Improvements, Incubation Facilities

Eligibility: state, political subdivision of a state, district organization, institution of higher education, or a non-profit acting in coordination with a political subdivision of a state, will not fund for-profit organizations

For Public Works or Economic Adjustment, must meet certain distress criteria such as unemployment rate, per capita income, or special need and proposals must be based on the Comprehensive Economic Development Strategy (CEDS). A local match of 50% of the project cost is usually required.

For more information or if you wish to be involved in the Regional Economic Development Committee (REDC), please contact Sara Wenger.