EDA clarifies commitments vs. match and the rate-of-return calculation for Path 3 applicants EDA presenters said match is the 20% cost share tied to eligible project scope, while commitments are broader actions (financial, policy, partnerships) that need not be eligible activities and are not directly monitored during the grant period; applicants must include a rate-of-return sentence (monetized commitments ÷ EDA funding) in the overarching narrative.

The EDA has unveiled critical distinctions between monetary match and broader commitments that could transform your Path 3 application strategy!

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