U.S. Economic Development Administration University Centers: Leveraging Federal Dollars Toward Best Practices
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Abstract
This paper reviews the U.S. Economic Development Administration (EDA) University Center (UC) program, which encompasses 58 UCs across EDA’s six regions. A review of each UC’s activities reveals a diverse, and often specialized, expertise for UCs that reflects and integrates best practices in economic development. Older UCs more often focus on traditional economic development activities, such as technical assistance to organizations in their service region, while newer UCs reflect learning and best practices by focusing on entrepreneurship support, targeted commercialization of research, workforce development, and business counseling associated with Third Wave strategies. This work informs not only the scholarly community about the depth and diversity of the UC program, but also economic development practitioners who may work with UCs on economic development initiatives.
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