This performance indicator measures the estimated number of jobs created and retained attributable to EDA investments made in/to underserved communities and populations.

An Economic Benefit is a dollar value of all financial/contractual transactions, capacity investments and increases in sales to MBEs via the asisstance of MBDA programs, services and resources.

This measure provides an indication of whether the Comprehensive Economic Development Strategy process is market based and whether EDA is helping to create an environment conducive to the creation and retention of higher skill, higher wage jobs. Research conducted on 2002 data established a baseline measure for subsequent years.

NTIA improves the nation’s understanding of broadband availability by improving data collection and analytic capabilities. NTIA promotes more efficient federal broadband investments, especially in critical rural areas where data does not always accurately reflect broadband availability.

The formula-driven calculation projects investment data at 3, 6, and 9 year intervals from the investment award. The formula is based on a study done by Rutgers University, which compiled and analyzed the performance of EDA construction investments after 9 years. This approach was reviewed and validated by third-party analysis conducted by Grant Thornton in 2008. Based on this formula and a review of EDA's historical results, EDA estimates that 40% of the 9-year projection would be realized after 3 years, 75% after 6 years, and 100% after 9 years.

The number of new and existing minority business enterprises (MBE) assisted through an MBDA program. A MBE is a business enterprise that is at least 51% owned and controlled by one or more socially or economically disadvantaged individual; and the management and daily business operations of which are controlled by one or more socially or economically disadvantaged individuals.

The formula-driven calculation projects investment data at 3, 6, and 9 year intervals from the investment award. The formula is based on a study done by Rutgers University, which compiled and analyzed the performance of EDA construction investments after 9 years. This approach was reviewed and validated by third-party analysis conducted by Grant Thornton in 2008. Based on this formula and a review of EDA's historical results, EDA estimates that 40% of the 9-year projection would be realized after 3 years, 75% after 6 years, and 100% after 9 years.

The formula-driven calculation projects investment data at 3, 6, and 9 year intervals from the investment award. The formula is based on a study done by Rutgers University, which compiled and analyzed the performance of EDA construction investments after 9 years. This approach was reviewed and validated by third-party analysis conducted by Grant Thornton in 2008. Based on this formula and a review of EDA's historical results, EDA estimates that 40% of the 9-year projection would be realized after 3 years, 75% after 6 years, and 100% after 9 years.

Proposed new indicator for FY 2022. Measure is under development.