In August the U.S. Economic Development Administration (EDA) launched the STEM Talent Challenge, a $2 million funding initiative for projects that use work-based learning models to expand regional STEM-capable workforce capacity and fuel STEM-driven regional economies across the nation.

Organizations – including YARG grantees – who are developing STEM talent may request up to $250,000 for implementing a 24-month program that complements their region’s innovation economy. YARG grantees may braid these funds to bolster or expand existing programs.

  • Projects should clearly align training activities with the talent needs of regional employers and indicate how workers will be prepared for employment.
  • Programs should lead to an increase in high-wage employment opportunities with innovation-driven businesses as well as increased Diversity, Equity, and Inclusion in STEM.
  • Applicants should leverage partnerships with local and regional technology centers, business incubators and accelerators, community colleges, and STEM industry leaders.

Deadline to apply: Oct. 12, 2021.

For a one-pager and timeline: Click HERE.

For detailed information and links to Applicant Resources and Notice of Funding Opportunity, visit www.eda.gov/OIE/STEM

A webinar will be scheduled to learn more about the application process. For the latest updates, check the EDA website.