[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR303.3]

[Page 611]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
CHAPTER III--ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 303_PLANNING INVESTMENTS AND COMPREHENSIVE ECONOMIC DEVELOPMENT 
 
Sec.  303.3  Application requirements and evaluation criteria.

    (a) For Planning Investment awards, EDA uses the general application 
evaluation criteria set forth in Sec.  301.8 of this chapter. In 
addition, applications for Planning Investments must include information 
about the following:
    (1) The proposed scope of work for the development, implementation, 
revision or replacement of the CEDS, or the relation of the CEDS to the 
proposed short-term planning activities or the State plan;
    (2) Qualifications of the Eligible Applicant to implement the goals 
and objectives resulting from the CEDS, short-term planning activities 
or the State plan;
    (3) The involvement of the Region's business leadership at each 
stage of the preparation of the CEDS, short-term planning activities or 
State plan;
    (4) Extent of broad-based representation and involvement of the 
Region's civic, business, labor, minority and other interests in the 
Eligible Applicant's economic development activities; and
    (5) Feasibility of the proposed scope of work to create and retain 
higher-skill, higher-wage jobs through implementation of the CEDS.
    (b) In addition to the criteria set forth in paragraph (a) of this 
section, funded Recipients are evaluated on the basis of the extent of 
continuing economic distress within the Region, their past performance, 
and the overall effectiveness of their CEDS.
    (c) For Planning Investment awards to a State, the Assistant 
Secretary shall also consider the extent to which the State will 
integrate and coordinate its CEDS with local and Economic Development 
District plans.
    (d) The Investment Rates for Planning Investments will be determined 
in accordance with Sec.  301.4 of this chapter.