In 2022, the Economic Development Administration (EDA) issued eight grants totaling $23,979,097 to fund economic development projects in Rhode Island.
This represents a 1,212.8% increase over 2021, when the state received $1,826,597 in funding.
Rhode Island ranked 44th across the U.S. in total EDA grant funding for 2022. California topped the list with $238,656,132 in funding across 57 grants.
The Rhode Island Commerce Corporation received the largest EDA grant for funding an economic development project in the state, totalling $10,632,148.
EDA Grant Recipients in Rhode Island in 2022
| Grantee Name | Total Funding |
|---|---|
| Rhode Island Commerce Corporation | $10,632,148 |
| City of Pawtucket | $4,812,600 |
| Skills for Rhode Island’s Future | $4,000,000 |
| City of Woonsocket | $3,173,064 |
| Innovative Policy Lab | $592,783 |
| University Of Rhode Island Research Foundation, The | $500,000 |
| University of Rhode Island | $137,923 |
| Beacon Charter School, Corporation | $130,579 |
