“The President vowed to grow the economy from the middle out and the bottom up including by helping communities that have been left behind make a comeback. By equitably investing in new job creation opportunities across America, we can help fulfil our promise that no American, and no community, is ever left behind,” said Deputy Secretary of Commerce Don Graves. Recompete helps make it possible for more Americans in more communities to find a good-paying job that puts them and their families on the path toward success. “As President Biden has said many times: we all just want a fair shot. Such development could make selected grantees more competitive for future Recompete funding. Phase 2 investments will range from $20-$50 million and can be used to support a wide range of implementation activities across workforce development, business and entrepreneur development, infrastructure, and additional planning, predevelopment, or technical assistance.ĮDA also awarded 24 Strategy Development Grants (SDG) to help communities significantly increase local coordination and planning activities. In addition to announcing the Phase 1 finalists, the Department of Commerce launched the Recompete Pilot Program Phase 2 Notice of Funding Opportunity (NOFO). In the two-phase competition, Phase 1 finalists will be invited to apply for implementation grants for their Recompete Plans in Phase 2. Additionally, seven Finalists’ plans involve labor organizations as part of their proposed investments. Of the 22 Finalists, seven are focused exclusively on rural American communities and five are led by or involve Tribal organizations as a primary partner. These Recompete Finalists are located across 20 states and Territories and represent a cross-section of urban and rural regions. “These Recompete finalists and grant recipients have presented a wide range of inspiring solutions to create jobs, develop long-term economic growth, and realize the full potential in communities that for too long have been overlooked or counted out.” “Recompete helps fulfill President Biden’s promise that no community in America will be left behind as we continue to grow our nation’s economy and invest in American workers,” said U.S. Recompete will invest $200 million in economic and workforce development projects that connect workers to good jobs in geographically diverse and persistently distressed communities across the country. President Biden will highlight the announcement during a trip to Milwaukee, where he will announce that a proposal to revitalize and invest in Milwaukee’s 30th Street Industrial Corridor was selected as a Recompete Finalist.Īuthorized by the CHIPS and Science Act, Recompete is a key part of President Biden’s Investing in America agenda – a key pillar of Bidenomics. Recompete targets the hardest-hit and most economically distressed areas where prime-age (25-54 years) employment is significantly lower than the national average, with the goal to close this gap through flexible, locally-driven investments. Department of Commerce’s Economic Development Administration (EDA), today will announce the 22 finalists of the Distressed Area Recompete Pilot Program (Recompete). The Biden-Harris Administration, through the U.S. As part of President Biden’s Investing in America agenda, Department of Commerce selects communities primed to reduce unemployment and establish long-term economic growth to compete for implementation awards
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