EDA awards over $8 million in grants for economic development projects in Louisiana in 2023

EDA awards over $8 million in grants for economic development projects in Louisiana in 2023

Economics
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Craig Buerstatte, Deputy Assistant Secretary for Regional Affairs at EDA | https://www.eda.gov/about/leadership/craig-buerstatte

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In 2023, the Economic Development Administration (EDA) issued 10 grants totaling $8,883,604 to fund economic development projects in Louisiana.

This represents a 90.4% decrease from 2022, when the state received $92,268,537 in funding.

Louisiana ranked 19th 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.

The Idea Village received the largest EDA grant for funding an economic development project in the state, totalling $2,000,000.

EDA Grant Recipients in Louisiana in 2023
Grantee NameTotal Funding
The Idea Village$2,000,000
Plaquemines Parish Government$1,800,000
Tunica-Biloxi Tribe of Lousiana$1,600,000
Biomedical Research Foundation of Northwest Louisiana$1,338,168
Biomedical Research Foundation of Northwest Louisiana$655,436
Louisiana State University$600,000
Lake Providence Port Commission$380,000
Lake Providence Port Commission$250,000
University of Louisiana Lafayette$130,000
Southern University and A&M College System$130,000

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