Overview
The purpose of the Economic Development Award Program, or EDAP, is to assist publicly owned infrastructure for industrial or business development projects that promote targeted industry economic development and that require state assistance for basic infrastructure development.
Benefits
Provides a minimum of $50,000 for publicly owned infrastructure for industrial or business development projects.
Eligibility
Eligible applicants are public or quasi-public state entities or political subdivisions of the state, along with a private company who will be the primary beneficiary of the award. Preference will be given to projects for industries identified by the state as target industries and to projects located in areas of the state with high unemployment levels.
The minimum award request is $50,000.
Project must create or retain at least 10 permanent jobs in Louisiana.
Eligible project costs may include, but are not limited to: engineering and architectural expenses, site acquisition, site preparation, construction expenses, building materials and capital equipment.
For comprehensive rules and details on eligibility, please review Related Content below and contact the appropriate administrator.
How to Apply
To apply for funding through the Louisiana Economic Development Corporation, or LEDC, the following procedure must be followed:
- Submit an EDAP Pre-qualification Form in the Related Content section for review and approval.
- If approved, a full application must be filed by public/quasi-public entity and private company.
- Application is reviewed for completeness and content by the program specialist, and an economic impact analysis is prepared by Louisiana Economic Development's statistician.
- Application is then presented to LEDC for approval.
- Contract is prepared in accordance with the state's approval process.
Related Content
Administration
This program is administered by Louisiana Economic Development through Louisiana Economic Development Corporation.
For information regarding EDAP, contact the program administrators:
Susan Bigner
225.342.5651
sbigner@la.gov
Download Susan Bigner's vCard
Clark Forrest, CEcD
225.342.1130
forrest@la.gov
Download Clark Forrest's vCard
