Launch of Round XII of Regional Economic Development Council Initiative

Round XII includes core capital grant and tax-credit funding to be combined with a wide range of programs from 10 state agencies that will ​provide ​funding for prospective projects​.

Apply for Funding

The application for ESD Grant funds remains open, and applications are being reviewed on an on-going basis until funds are exhausted. Applicants with strong, shovel-ready projects can apply.

Key Documents

These are key documents that our users find most helpful.

  • GlobalFoundries Chip Fab

    2022 Available CFA Resources

  • Construction site

    2022 Regional Council Guidebook

  • offshore wind turbines

    2022 CFA Application Manual

2022 CFA Program Webinars

Recorded webinars for all of the REDC Round XII programs.
  • $7.5 Billion

    Since 2011, the first year of the initiative, over $7.5 billion has been awarded to more than 9,200 projects.
  • 240 Thousand

    These projects are projected to create and retain more than 240,000 jobs statewide.