The U.S. Commerce Department’s Economic Development Administration recently announced its plans to spark local economic growth by awarding up to $1 million to six cities that will host prize competitions to encourage participants to develop economic development plans for those cities.
City applications for the grant program, called the Strong Cities, Strong Communities Challenge, are due Monday, July 23, 2012.
The competition is designed to strength local capacity while ensuring that taxpayer funding is used efficiently and wisely. Competition dollars will be allocated to one city from each of the regions of the Economic Development Administration. This is the first year for the national economic initiative.
Press Officer, ALA Washington Office