13 CFR § 307.3 - Use of Economic Adjustment Assistance Investments.

---
identifier: "/us/cfr/t13/s307.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 307.3 - Use of Economic Adjustment Assistance Investments."
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "307.3"
section_name: "Use of Economic Adjustment Assistance Investments."
chapter_name: "ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE"
part_number: "307"
part_name: "ECONOMIC ADJUSTMENT ASSISTANCE INVESTMENTS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 3211; 42 U.S.C. 3149; 42 U.S.C. 3161; 42 U.S.C. 3162; 42 U.S.C. 3233; Department of Commerce Organization Order 10-4."
regulatory_source: "71 FR 56675, Sept. 27, 2006, unless otherwise noted."
cfr_part: "307"
---


# 307.3 Use of Economic Adjustment Assistance Investments.

Economic Adjustment Assistance Investments may be used to develop a CEDS to alleviate long-term economic deterioration or a sudden and severe economic dislocation (a *“Strategy Grant”*), or to fund a Project implementing such a CEDS (an *“Implementation Grant”*).

(a) Strategy Grants support developing, updating or refining a CEDS.

(b) Implementation Grants support the execution of activities identified in a CEDS. Specific activities may be funded as separate Investments or as multiple elements of a single Investment. Examples of Implementation Grant activities include:

(1) Infrastructure (as defined in § 301.11 of this chapter) improvements, such as site acquisition, site preparation, construction, rehabilitation and equipping of facilities;

(2) Provision of business or infrastructure financing through the capitalization of Recipient-administered Revolving Loan Funds (“*RLFs”*), which may include loans and interest rate buy-downs to facilitate business lending activities;

(3) Market or industry research and analysis;

(4) Technical assistance, including organizational development such as business networking, restructuring or improving the delivery of business services, or feasibility studies;

(5) Public services;

(6) Training; and

(7) Other activities justified by the CEDS that satisfy applicable statutory and regulatory requirements.

[71 FR 56675, Sept. 27, 2006, as amended at 79 FR 76132, Dec. 19, 2014]