EDA awards over $12 million in grants for economic development projects in North Carolina in 2023

EDA awards over $12 million in grants for economic development projects in North Carolina in 2023

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 2023, the Economic Development Administration (EDA) issued 19 grants totaling $12,831,748 to fund economic development projects in North Carolina.

This represents an 85.6% decrease from 2022, when the state received $89,231,924 in funding.

North Carolina ranked ninth across the U.S. in total EDA grant funding for 2023. South Carolina topped the list with $30,038,466 in funding across 14 grants.

Guilford Technical Community College received the largest EDA grant for funding an economic development project in the state, totalling $1,741,378.

EDA Grant Recipients in North Carolina in 2023
Grantee NameTotal Funding
Guilford Technical Community College$1,741,378
Town of Spindale$1,555,237
City of Eden$1,500,000
City of Lexington$1,345,950
Trustees of Maryland Community College$1,305,585
Gaston College$1,140,000
Watauga County$817,558
North Carolina Coastal Federation, Inc.$734,000
Town of Elizabethtown$690,604
Appalachian Voices$317,240
Men and Women United for Youth$291,377
Guilford College$218,583
Southwestern North Carolina Planning$210,000
Albemarle Commission$210,000
Western Piedmont Council of Governments$210,000
Town of Hertford$180,000
Eastern Band of Cherokee Indians$145,000
University of North Carolina at Chapel Hill$109,618
Fayetteville State University$109,618

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