GrantExec

2024 States' Economic Development Assistance Program (SEDAP)

$500,000
Closed
Grant Description

The 2024 Statesโ€™ Economic Development Assistance Program (SEDAP), announced by the Delta Regional Authority (DRA), seeks applications for grants to target federal resources toward communities in the Mississippi River Delta and Alabama Black Belt regions. With a focus on economically distressed counties and parishes, SEDAP aims to invest in community-based and regional projects across four congressionally mandated funding categories: basic public infrastructure, transportation infrastructure, business development with an emphasis on entrepreneurship, and workforce development. The program is designed to encourage job creation, regional collaboration, and funding partnerships, leveraging a total of $16,930,642, allocated across the eight-state DRA region with awards ranging from $50,000 to $500,000 depending on project type and application score.

Funding Details

Award Range

$50,000 - $500,000

Total Program Funding

$16,930,642

Number of Awards

Not specified

Matching Requirement

Yes -

Eligibility

Eligible Applicants

Nonprofits
City or township governments
County governments
Public and State controlled institutions of higher education
Private institutions of higher education

Additional Requirements

2024 State Allocations: Alabama: $1,737,855 (10.26%) Arkansas: $2,468,119 (14.58%) Illinois: $1,370,671 (8.10%) Kentucky: $1,540,051 (9.10%) Louisiana: $3,336,555 (19.71%) Mississippi: $2,629,301 (15.53%) Missouri: $1,984,801 (11.72%) Tennessee: $1,863,289 (11.01%)

Geographic Eligibility

All

Key Dates

Application Opens

March 26, 2024

Application Closes

June 25, 2024

Contact Information

Grantor

Delta Regional Authority

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Categories
Business and Commerce
Workforce Development
Community Development
Transportation