EDA awards over $5 million in grants for economic development projects in Colorado in 2023

EDA awards over $5 million in grants for economic development projects in Colorado in 2023

Economics
Webp maryam janani floresll fotor 20241017183854eeeee

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

Maryam Janani-Flores Chief of Staff at U.S. Economic Development Administration at EDA | Official Website

In 2023, the Economic Development Administration (EDA) issued 11 grants totaling $5,630,546 to fund economic development projects in Colorado.

This represents an 86.9% decrease from 2022, when the state received $43,125,810 in funding.

Colorado ranked 28th 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.

Rocky Mountain Innovation Initiative, Inc. received the largest EDA grant for funding an economic development project in the state, totalling $1,982,577.

EDA Grant Recipients in Colorado in 2023
Grantee NameTotal Funding
Rocky Mountain Innovation Initiative, Inc.$1,982,577
The Regents Of The University Of Colorado$1,402,009
Denver Office of Economic Development and Opportunity$750,000
City of Delta$433,240
Northwest Colorado Council of Governments$210,000
San Luis Valley Development Resources Group$210,000
Southern Colorado Economic Development District, Inc.$210,000
Ute Mountain Ute Tribe of the Ute Mountain Reservation$153,000
Colorado State University$150,000
Metropolitan State University of Denver$99,720
Community Office for Resource Efficiency$30,000

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS