EDA Economic Development Assistance Programs Federal Funding Opportunity

Application Due: Varies by program year; next due date is June 13, 2013

Under the Economic Development Assistance Programs (EDAP) Federal Funding Opportunity announcement, EDA will make construction, non-construction, and revolving loan fund investments under the Public Works and Economic Adjustment Assistance Programs. Grants made under these programs will leverage regional assets to support the implementation of regional economic development strategies designed to create jobs, leverage private capital, encourage economic development, and strengthen America’s ability to compete in the global marketplace. EDA is soliciting applications from rural and urban communities to develop initiatives that advance new ideas and creative approaches to address rapidly evolving economic conditions. For more information, visit the grant opportunity synopsis.

Governor Quinn Breaks Ground on Grundfos’ New North American Headquarters in Downers Grove

Governor’s Clean Water Initiative Helped Draw World’s Largest Water Pump Manufacturer to Illinois

DOWNERS GROVE – As part of his agenda to create jobs and drive Illinois’ economy forward, Governor Pat Quinn today was joined by Grundfos officials to break ground on the global water pump manufacturer’s new North American headquarters in Downers Grove, Illinois. Denmark-based Grundfos, the world’s largest water pump producer, will create 40 new jobs at the headquarters. The Illinois Clean Water Initiative – which was launched by Governor Quinn in 2012 to overhaul the state’s water infrastructure – was cited by the company as a key reason why they chose Illinois. Continue reading