OpportunityTitle: Innovative Metrics for Economic Development &#8211; Proof of Concept Study
CategoryExplanation: Development and testing of measures, metrics, indicators, and methodologies to help EDA more effectively assess, evaluate, and report on the full impact of its economic development investments on regional economies across the Nation.
AdditionalInformationOnEligibility: Pursuant to section 3(4) of PWEDA (42 U.S.C. &#167; 3122(4)) and 13 CFR &#167; 300.3 (Eligible Recipient), eligible applicants for and recipients of EDA investment assistance include a District Organization; an Indian Tribe or a consortium of Indian Tribes; a State; a city or other political subdivision of a State, including a special purpose unit of a State or local government engaged in economic or infrastructure development activities, or a consortium of political subdivisions; an institution of higher education or a consortium of institutions of higher education; or a public or private non-profit organization or association acting in cooperation with officials of a political subdivision of a State.
Description: EDA seeks applications to develop and test measures, metrics, indicators, and methodologies to help the agency more effectively assess, evaluate, and report on the full impact of its economic development investments on regional economies across the Nation. Proposals must discuss how robust indicators and metrics will be identified; establish appropriate program metrics for EDA investments and validate the statistical relationship between grant outputs and outcomes (capacity building) and realized (economic growth, competitiveness and sustainability) outcomes. EDA is particularly interested in appropriate program metrics for non-construction, innovation-supporting programs. Models must include testing on EDA grantees, an impact analysis design and how a valid statistical methodology will corroborate that the proposed metric model works. All metrics should be consistent with EDA&#8217;s logic model. Deliverables will include an implementation toolkit accessible to EDA staff with operational recommendations in addition to reports establishing proven metrics, supporting analysis and statistical corroboration.
GrantorContactEmailDescription: rnta@eda.gov
GrantorContactText: Research and National Technical Assistance Staff