Economic Recovery Corps Program

Economic Recovery Corps Program

EDA is currently seeking a Network Operator (an organization or coalition) to build, launch, and operate the Economic Recovery Corps program, which will embed Fellows in local economic development organizations across the country.

As communities and organizations face depleted institutional resources, many are unable to develop and grow their staff to the level needed to fully execute their economic development plans and goals. The Economic Recovery Corps would strengthen the connectivity and capacity of regional economic development ecosystems, which will, in turn, result in a stronger national economic development recovery framework and infrastructure.

The Economic Recovery Corps program funds a Network Operator to recruit and place at least 50 Fellows in economic development organizations in underserved communities throughout the nation. Note: EDA is not recruiting Fellows. These Fellows will provide technical assistance, enabling underserved communities to better access funding and participate in economic development initiatives through preparation, training, and implementation support. Both the Network Operator and Fellows will generate and share knowledge and insights across local economies to accelerate the adoption of equitable economic development practices.

The deadline to apply is August 5, 2022.

A Network Operator will work collaboratively with EDA in a 5-year cooperative agreement. The award—ranging from $20 million to $25 million—will be allocated by September 30, 2022.

Please find more information here: https://www.eda.gov/programs/economic-recovery-corps/