US Department of Commerce, Economic Development Administation
The U.S. Economic Development Administration (EDA) is the only federal agency focused exclusively on economic development, distributing competitive grants for infrastructure, workforce training, disaster recovery, and innovation across all U.S. states and territories through six regional offices.
- Company typePrivate
- Founded1965
- HeadquartersWashington, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What US Department of Commerce, Economic Development Administation does
The U.S. Economic Development Administration (EDA) is the only federal agency within the U.S. Department of Commerce focused exclusively on economic development. Established in 1965 under the Public Works and Economic Development Act and most recently reauthorized under the Thomas R. Carper Water Resources Development Act of 2024, EDA distributes competitive and non-competitive grants to state and local governments, Economic Development Districts, Indian tribes, institutions of higher education, public and private nonprofits, and public-private partnerships. Programs span infrastructure construction, workforce training, disaster recovery, innovation and entrepreneurship, and economic adjustment for distressed communities, with the typical federal share covering up to 80% of project costs (up to 100% for Tribal and severely distressed applicants).
EDA's product surface consists of a portfolio of grant programs including Economic Adjustment Assistance, Public Works, Build to Scale, Regional Technology and Innovation Hubs (Tech Hubs), the new AI Upskill Accelerator Pilot, Planning/Local Technical Assistance, Revolving Loan Fund, and Disaster Recovery programs. Grant administration runs through Grants.gov for most solicitations and EDA's proprietary EDGE electronic grants management system for application submission and post-award management. EDA does not develop proprietary technology products beyond EDGE, and the agency has no public/partner-facing API. The agency operates through six regional offices (Atlanta, Austin, Chicago, Denver, Philadelphia, Seattle) serving all 50 states, U.S. territories, and freely associated states, with locally-based Economic Development Representatives supporting applicants in each state.
Financially, EDA is funded through Congressional appropriations and supplemental disaster recovery allocations rather than commercial revenue. In FY2025, the agency awarded $423.8 million across 312 grants, creating or saving 9,873 jobs. Larger multi-year funding flows include the $1.45 billion FY2025 Disaster Supplemental and $4.71 billion in cumulative supplemental disaster appropriations since the early 1990s. In 2025, EDA completed a congressionally approved 505 reorganization creating the Office of Regional Operations, Office of Innovation and Entrepreneurship, and Office of Disaster Recovery and Resilience, while discontinuing the University Center, Trade Adjustment Assistance for Firms, and STEM Talent Partnership programs to reprioritize toward AI initiatives.
US Department of Commerce, Economic Development Administation firmographics
Firmographics- Name
- US Department of Commerce, Economic Development Administation
- Legal name
- U.S. Economic Development Administration
- Website
- https://eda.gov
- Company type
- Private
- Founded year
- 1965
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- The U.S. Economic Development Administration (EDA) is the only federal agency focused exclusively on economic development, distributing competitive grants for infrastructure, workforce training, disaster recovery, and innovation across all U.S. states and territories through six regional offices.
- Ownership category
- akta.pro rank
US Department of Commerce, Economic Development Administation industry classification
Industry- Product category
- Federal Economic Development Grants
- NAICS
- Administration of Economic Programs (9261), Grantmaking and Giving Services (81321)
- akta.pro primary industry
- Grantmaking Agencies & Education Program Grants Administration (EDADAHAD)
Keywords
Where US Department of Commerce, Economic Development Administation is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
US Department of Commerce, Economic Development Administation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Revenue model
- Federal Grant Disbursements: EDA distributes federal economic development funding through competitive and non-competitive grant programs to eligible recipients including state and local governments, Economic Development Districts, Indian tribes, institutions of higher education, nonprofits, and public-private partnerships. The agency receives annual appropriations from Congress and supplemental disaster recovery funding.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | FY2025 Disaster Supplemental - approximately $1.45 billion available |
| Other | Multi-year contract | AI Upskill Accelerator Pilot Program - approximately $25 million |
| Other | Multi-year contract | Tech Hubs Program - $220 million |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
US Department of Commerce, Economic Development Administation product offering
Product offeringCore offering
EDA is a federal grant-making bureau within the U.S. Department of Commerce that distributes economic development funding to state and local governments, tribal governments, institutions of higher education, and nonprofit organizations. It supports job creation, infrastructure, innovation, and disaster recovery through a portfolio of competitive and non-competitive grant programs administered through six regional offices.
Product overview
EDA operates as a federal grant agency within the U.S. Department of Commerce, offering a portfolio of economic development programs. The agency provides competitive grant funding through multiple core programs including Economic Adjustment Assistance (flexible funding for economic challenges), Public Works (infrastructure development), Build to Scale (startup/entrepreneurship support), and Regional Technology and Innovation Hubs (tech ecosystem development). EDA also administers specialized programs for coal communities, disaster recovery, trade adjustment, and university partnerships. The AI Upskill Accelerator Pilot Program represents a new workforce training initiative focused on AI skills. All programs are accessed through EDA's EDGE system and Grants.gov, with funding opportunities supporting planning, technical assistance, and infrastructure construction.
Differentiator
Problem solved
Functional benefit
Products and services
- Public Works
- Economic Adjustment Assistance
- Build to Scale
- Regional Technology and Innovation Hubs (Tech Hubs)
- Recompete Pilot Program
- Planning Program
- Local Technical Assistance
- Revolving Loan Fund (RLF)
- Disaster Recovery Programs
- Assistance to Coal Communities (ACC)
- Trade Adjustment Assistance for Firms
- University Centers
- AI Upskill Accelerator Pilot Program
Quantifiable outcome
- 312 grants awarded in 2025
- +3 more outcomes
Companies that use US Department of Commerce, Economic Development Administation
Customer profileNamed customers18 records
Segments8 records
Ideal customer profiles5 records
US Department of Commerce, Economic Development Administation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
US Department of Commerce, Economic Development Administation partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Federal Emergency Management Agency (FEMA)coreEDA serves as the coordinating (or lead) federal agency for the Economic Recovery Support Function (ERSF) under the National Disaster Recovery Framework (NDRF), working in coordination with FEMA and other interagency partners to help state, local, tribal, and territorial governments sustain and rebuild businesses and employment after large-scale disasters.
- U.S. Department of CommercecoreEDA manages the Economic Recovery Support Function (ERSF) role on behalf of the Department of Commerce under the National Disaster Recovery Framework. EDA operates as an agency within the Department of Commerce.
- Rural Community Assistance Partnership (RCAP) and OECDminorCollaborated on research report 'Enhancing Rural Innovation in the United States' examining strategies for understanding innovation in rural places and supporting regional development initiatives.
- Urban InstituteminorReceived grant from EDA's Research and National Technical Assistance program to examine EDA's funding allocations, grantmaking programs, history, goals, and the extent to which EDA investments spur local economic growth.
- U.S. Census BureauminorPartnership with U.S. Census Bureau to evaluate the AI Upskill Accelerator Pilot Program's impact on job retention and wages using Census data.
- National Institute of Standards and Technology (NIST)minorPartnership with NIST's Center for AI Standards and Innovation to help inform collective understanding of how AI workforce training can improve outcomes like productivity and efficiency.
- Carolina Institute for Battery Innovation (CIBI)minorCIBI received $10.2 million EDA grant for battery manufacturing testbed facility; industry partners include EnerSys (lithium-ion gigafactory in Greenville) and Swiss-based Phenogy (U.S. headquarters in Columbia)
- Florida Chief Financial OfficerminorRoundtable discussion with Florida CFO and Trump Administration officials from EDA to highlight economic development funding for communities impacted by Hurricanes Helene and Milton
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
US Department of Commerce, Economic Development Administation competitors and assessment
Company assessmentDirect peers
- USDA Rural Development: Federal agency administering grant and loan programs for rural economic development, infrastructure, and business growth—directly comparable to EDA's Public Works and Economic Adjustment Assistance programs with overlapping rural and distressed-area focus.
- U.S. Small Business Administration (SBA): Federal agency that distributes grants, loans, and technical assistance to small businesses and entrepreneurs—the closest direct comparable to EDA given overlapping federal economic development grant programs and similar grantee base including nonprofits and state/local governments.
- Appalachian Regional Commission (ARC): Federal-state regional economic development partnership funding infrastructure, workforce, and business development in distressed Appalachian counties—operates an almost identical grant-making model to EDA at a regional scale.
- Delta Regional Authority (DRA): Federal-state economic development authority investing in distressed communities in the Mississippi Delta region via grants for infrastructure, workforce, and business development—directly comparable structure and mandate to EDA programs.
- Northern Border Regional Commission (NBRC): Federal-state partnership providing economic development grants to distressed counties in Maine, New Hampshire, Vermont, and New York—uses virtually identical grant mechanisms and program structure to EDA's Economic Adjustment Assistance.
- Denali Commission: Federal-state partnership funding critical infrastructure and economic development in rural Alaska—operates a directly comparable infrastructure-grant model targeting remote and distressed communities.
Broad incumbents
- U.S. Department of Housing and Urban Development (HUD) CDBG Program: Federal agency operating the Community Development Block Grant program with broader scope than EDA but overlapping grant mechanism, grantee base (state/local governments), and infrastructure/economic development focus.
- U.S. Department of Commerce (Bureau of Economic Analysis, International Trade Administration, NIST): Parent department and sister bureaus within Commerce (BEA, ITA, NIST) provide adjacent economic and innovation program capabilities—EDA sits within this portfolio as the dedicated economic development unit.
Emerging players
- Economic Development Authority entities (state-level, e.g., California GO-Biz): State-level economic development agencies replicating parts of EDA's grant/incentive model at sub-national scale—emerging as more agile alternatives for specific state-targeted programs that complement federal EDA grants.
Others
- World Bank / OECD Development Assistance Committees: International development finance institutions funding infrastructure and economic development in distressed regions globally—methodologically comparable in grant-design philosophy and rural/regional focus, recently co-developed research on rural innovation with EDA's partner network.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
US Department of Commerce, Economic Development Administation social profiles
Digital presenceUS Department of Commerce, Economic Development Administation financial estimates
Financial estimateRevenue estimate
Valuation estimate
US Department of Commerce, Economic Development Administation leadership team
Management profileNumber of profiles
US Department of Commerce, Economic Development Administation funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
US Department of Commerce, Economic Development Administation M&A and investment
M&A and investmentM&A
Investments505 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about US Department of Commerce, Economic Development Administation
What does US Department of Commerce, Economic Development Administation do?
EDA is a federal grant-making bureau within the U.S. Department of Commerce that distributes economic development funding to state and local governments, tribal governments, institutions of higher education, and nonprofit organizations. It supports job creation, infrastructure, innovation, and disaster recovery through a portfolio of competitive and non-competitive grant programs administered through six regional offices.
Is US Department of Commerce, Economic Development Administation a public or private company?
US Department of Commerce, Economic Development Administation is a private company. It is classified as state government owned and is currently operating.
When was US Department of Commerce, Economic Development Administation founded?
US Department of Commerce, Economic Development Administation was founded in 1965. It employs 251 to 500 people.
Where is US Department of Commerce, Economic Development Administation based?
US Department of Commerce, Economic Development Administation is headquartered in Washington, United States, in the North America region.
How does US Department of Commerce, Economic Development Administation make money?
One revenue line is on record: federal Grant Disbursements.
Who are US Department of Commerce, Economic Development Administation's main competitors?
Direct peers on record are USDA Rural Development, U.S. Small Business Administration (SBA), Appalachian Regional Commission (ARC), Delta Regional Authority (DRA), Northern Border Regional Commission (NBRC) and Denali Commission. Broad incumbents are U.S. Department of Housing and Urban Development (HUD) CDBG Program and U.S. Department of Commerce (Bureau of Economic Analysis, International Trade Administration, NIST). Economic Development Authority entities (state-level, e.g., California GO-Biz) is listed as an emerging player. World Bank / OECD Development Assistance Committees is listed as an others.
Does US Department of Commerce, Economic Development Administation have an API?
No public API is recorded for US Department of Commerce, Economic Development Administation.
What industry is US Department of Commerce, Economic Development Administation in?
US Department of Commerce, Economic Development Administation's product category is Federal Economic Development Grants. Its primary akta.pro industry code is EDADAHAD, Grantmaking Agencies & Education Program Grants Administration. Its NAICS code is 9261.