---
kind: "section"
citation: "13 C.F.R. § 306.2"
title: "13"
number: "306.2"
heading: "Award requirements."
url: "https://uscodex.org/cfr/13/306.2"
---

# §306.2. Award requirements.


EDA selects Projects for Local and National Technical Assistance Investments in accordance with the general evaluation and selection criteria set forth in [part 301](/cfr/13/part301.md) of this chapter and the extent to which the Project:

- (a) Strengthens the capacity of local, State or national organizations and institutions to undertake and promote effective economic development programs targeted to Regions of distress;
- (b) Benefits distressed Regions;
- (c) Demonstrates innovative approaches to stimulate economic development in distressed Regions;
- (d) Is consistent with an EDA-approved CEDS, as applicable, for the Region in which the Project is located; and
- (e) **Meets the criteria outlined in the applicable FFO.**

## Notes

### Authority

Authority: 42 U.S.C. 3147; 42 U.S.C. 3196; 42 U.S.C. 3211; Department of Commerce Organization Order 10-4.

### Source

Source: 71 FR 56675, Sept. 27, 2006, unless otherwise noted.