Volunteer State News

Tennessee ranked 24th nationwide with 11 grants awarded by the US Economic Development Administration (EDA) to fund economic development projects in 2023.

This is an increase over the amount of grants awarded in Tennessee during 2022.

In total, the EDA invested $9,240,486 in economic development projects during 2023.

Of all the grants awarded for Tennessee projects, eight was a part of the planning program - more than any other program.

The EDA is a federal government agency focusing exclusively on economic development. The agency solicits applications for funding to support construction, non-construction planning, technical assistance, and revolving loan fund projects under the agency's Public Works and the Economic Adjustment Assistance (EAA) programs. Grants made under these programs are designed to advance economic development in distressed communities.

Their grants are instrumental in fostering economic growth across diverse communities, often aiding in job creation, infrastructure development, and enhancing local business opportunities.

Rank	Program	Number of Grants
1	Planning	8
2	Technical Assistance	3
3	Research and National Technical Assistance	0
3	Trade Adjustment Assistance	0

Rank	State	Total Grants
1	West Virginia	23
2	California	22
3	Virginia	21
3	New York	21
3	Missouri	21
6	Michigan	20
7	Texas	19
7	Arkansas	19
7	North Carolina	19
7	Georgia	19
7	Massachusetts	19
12	Florida	18
13	Ohio	17
13	Indiana	17
13	Alabama	17
16	Oklahoma	16
16	Washington	16
18	Pennsylvania	15
18	Oregon	15
18	Kentucky	15
21	South Carolina	14
22	Illinois	13
23	Wisconsin	12
24	Iowa	11
24	Colorado	11
24	Tennessee	11
27	Arizona	10
27	Montana	10
27	Louisiana	10
30	South Dakota	9
30	Alaska	9
30	Maine	9
33	Nevada	7
33	Mississippi	7
33	Minnesota	7
36	Utah	6
36	New Mexico	6
38	North Dakota	5
38	Connecticut	5
38	New Jersey	5
38	Maryland	5
42	Rhode Island	4
42	Vermont	4
42	Wyoming	4
45	Nebraska	3
45	Hawaii	3
47	Delaware	2
47	Idaho	2
47	Kansas	2