EDA awards over $21 million in grants for economic development projects in Arkansas in 2022

EDA awards over $21 million in grants for economic development projects in Arkansas in 2022

Economics
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Cristina Killingsworth, Acting Assistant Secretary of Commerce for Economic Development at EDA | https://www.eda.gov/about/leadership

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In 2022, the Economic Development Administration (EDA) issued 17 grants totaling $21,335,630 to fund economic development projects in Arkansas.

This represents a 21.7% increase over 2021, when the state received $17,535,700 in funding.

Still, Arkansas ranked 45th across the U.S. in total EDA grant funding for 2022. California topped the list with $238,656,132 in funding across 57 grants.

Arkansas Department of Parks, Heritage, and Tourism received the largest EDA grant for funding an economic development project in the state, totalling $3,073,713.

EDA Grant Recipients in Arkansas in 2022
Grantee NameTotal Funding
Arkansas Department of Parks, Heritage, and Tourism$3,073,713
City of Batesville$2,105,100
City of Springdale$2,000,000
North Arkansas College$2,000,000
University of Arkansas Community College at Morrilton (UACCM)$2,000,000
City of Cabot$1,900,000
City of Fort Smith$1,660,000
Union County, Arkansas$1,300,000
Saline County$1,000,000
City of Marion$1,000,000
Garland County$1,000,000
Arkansas Economic Development Commission$1,000,000
University Of Arkansas System$500,000
East Arkansas Planning & Development District$296,117
City of Mena$275,000
University of Arkansas System$112,850
Arkansas State University$112,850

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