Most of East TN eligible for EDA’s “Recompete Pilot Program”
The economic development initiative will provide grant funding to distressed communities across the country to create and connect workers to good jobs by helping to reduce the high, prime-age (25 to 54 years of age) employment gap.
Ahead of the issuance in the next few weeks of a Notice of Funding Opportunity for the “Recompete Pilot Program” (RPP), the U.S. Economic Development Administration (EDA) has released a fact sheet and Recompete Eligibility Mapping Tool to prepare applicants.
The RPP was authorized as part of the “CHIPS and Science Act of 2022,” and Congress appropriated $200 million as part of the FY 2023 Omnibus Appropriations Bill. This new authority allows EDA to:
- target persistently economically distressed areas to support long-term, comprehensive, and sustainable economic development and job creation/placement; and
- award grants to support the development or implementation of an eligible recipient’s Recompete Plan.
RPP is an economic development initiative that will provide grant funding to distressed communities across the country to create and connect workers to good jobs and support long-term comprehensive economic development by helping to reduce the high, prime-age (25 to 54 years of age) employment gap.
The program employs EDA’s place-based approach to economic development and seeks to address the unique challenges of an individual community or region.
Most of East Tennessee, with the exception of Blount County, other than Friendsville, and Loudon County, appears to be eligible. Knox County is partially eligible.
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