EOED FY27 (REDO) Grant Program

The EOED FY27 (REDO) Grant Program, administered by the Massachusetts Executive Office of Economic Development, provides funding to support regional efforts aimed at stimulating economic growth and prosperity within the Commonwealth. Eligible applicants must be 501(c) tax-exempt organizations that operate regionally across more than 10 contiguous cities or towns and perform services required under M.G.L. Chapter 23A, Sections 3J and 3K. The program may award up to 12 grants, with a maximum allocation of 150,000 dollars per organization. Funding is determined by a formula-based allocation evaluating demographic and economic indicators, including population, employer establishments, unemployment rates, equalized valuation, and industry concentration. The performance period for these grants runs from January 1, 2027, through June 30, 2027. Grantees are required to select at least five of ten primary service areas for their work plans and must provide quarterly progress and financial reports, as well as a final project completion memo. Payment is structured with 50 percent of funds disbursed upon contract execution and the remaining 50 percent upon approval of the final report. Applicants must submit their proposal packets via the online application form by November 3, 2026, including an eligibility screen, organization narrative, and required documentation such as an IRS Determination Letter and a Certificate of Good Standing. Successful awardees must also enroll in Electronic Funds Transfer for payment.