ED Now

ED Now recently caught up with Hezron Osano, an IEDC member based in Nairobi, Kenya.

Economic Recovery Corps fellow applications are now open! Are you, or someone you know, a community builder with an entrepreneurial spirit looking to do economic development differently? Join the inaugural cohort of the Economic Recovery Corps as a fellow, or help us share this opportunity with emerging leaders and practitioners. Launched in May to accelerate recovery from the pandemic in distressed areas, the ERC program connects host organizations with early- to mid-career professionals from diverse backgrounds and disciplines to build stronger, more resilient, and more equitable economies. IEDC, in partnership with EDA and six national and international associations, is seeking to place up to 65 ERC fellows at host organizations ...

IEDC, in partnership with EDA and six national and international associations, has officially launched the Economic Recovery Corps (ERC) program. The multiyear, $30-million collaborative initiative will place up to 65 ERC fellows from diverse backgrounds and disciplines within partnering organizations across the United States to activate economic development projects and plans that generate new practices and paradigms for equitable and inclusive change. Organizations interested in hosting a full-time fellow for 2.5 years (30 months) will have until June 30, 2023, to submit an expression of interest and initiate the application process. This is a great opportunity for organizations that are looking to drive their economic development ...

IEDC has partnered with the Commonwealth of the Northern Mariana Islands (CNMI) for more than four years through IEDC’s economic recovery and resilience program. The CNMI’s tourism- and agriculture-focused economy is unique, vibrant, and dynamic. IEDC’s current work with the CNMI economic development community addresses dual recovery from the pandemic and natural disasters. To kick off this phase, a team of IEDC volunteers visited the islands to conduct a needs assessment.

EDA has published a Public Works and Economic Adjustment Assistance (PWEAA) Notice of Funding Opportunity (NOFO) for FY23. The Public Works program provides resources for construction and infrastructure design to enable communities to become more economically competitive. The Economic Adjustment Assistance program supports activities such as construction and upgrading of public infrastructure, sector partnerships for workforce training, design and engineering, technical assistance, economic recovery strategies, and capitalization or recapitalization of Revolving Loan Funds (RLFs). Through this NOFO, EDA intends to pursue projects that prioritize equity, workforce development, and climate resilience. EDA supports bottom-up strategies that ...

The Economic Recovery Corps page is now live on IEDC’s website. IEDC and partners will receive $30 million from EDA over four-and-a-half years to create the Economic Recovery Corps—65 fellows who will be embedded in distressed regions throughout the United States to help lead efforts to increase the capacity of regional economic development ecosystems and provide guidance to support local economic developers. The ERC program will help communities accelerate their economic recovery, develop and deliver effective regional strategies to promote resilience and competitiveness, and create sustainable and equitable opportunities for all. Prospective fellows and host organizations should fill out the Economic Recovery Corps Interest ...

IEDC's Accredited Economic Development Organization (AEDO) program recognizes organizational excellence in the areas of internal and external operations, structures, and procedures. This series profiles newly accredited AEDOs, putting some of economic development's highest-performing organizations in the spotlight. This edition: Shiawassee (Mich.) Economic Development Partnership.

The U.S. Economic Development Administration is announcing a $30-million cooperative agreement with IEDC and its partners to create an Economic Recovery Corps (ERC) program. This project is funded by the CARES Act, which provided EDA with $1.5 billion for economic assistance programs to help communities prevent, prepare for, and respond to the pandemic. “President Biden is committed to unleashing the full power of the federal government to ensure our nation not only recovers from the pandemic but builds back stronger,” said Secretary of Commerce Gina Raimondo. “The Economic Recovery Corps will strengthen the connectivity and capacity of regional economic development ecosystems, resulting in a stronger national economic ...