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Friday, April 4, 2025

EDA awards over $10 million in grants for economic development projects in Arkansas in 2023

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Ben Page, Deputy Assistant Secretary for Economic Development and Chief Operating Officer at EDA | https://www.eda.gov/about/leadership

Ben Page, Deputy Assistant Secretary for Economic Development and Chief Operating Officer at EDA | https://www.eda.gov/about/leadership

In 2023, the Economic Development Administration (EDA) issued 19 grants totaling $10,699,036 to fund economic development projects in Arkansas.

This represents a 49.9% decrease from 2022, when the state received $21,335,630 in funding.

Arkansas ranked 14th across the U.S. in total EDA grant funding for 2023. South Carolina topped the list with $30,038,466 in funding across 14 grants.

Pulaski County received the largest EDA grant for funding an economic development project in the state, totalling $3,000,000.

EDA Grant Recipients in Arkansas in 2023
Grantee NameTotal Funding
Pulaski County$3,000,000
Shorter College Inc$1,275,000
University of Arkansas$1,172,715
Arkansas Construction Education Foundation$1,158,000
Marble Falls Sewer Improvement District$1,000,000
University of Arkansas$493,521
Lawrence County$300,000
Northwest Arkansas Economic Development District, Inc.$234,800
Northwest Arkansas Economic Development District, Inc.$210,000
East Arkansas Planning and Development District$210,000
West Central Arkansas Planning and Development District$210,000
White River Planning and Development District Inc.$210,000
Western Arkansas Planning and Development District$210,000
Southeast Arkansas Economic Development District, Inc.$210,000
Southwest Arkansas Planning and Development District, Inc.$210,000
Central Arkansas Planning and Development District$210,000
University of Arkansas – Fort Smith$130,000
University of Arkansas System DBA Division of Agriculture$130,000
Western Arkansas Intermodal Authority$125,000

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