NEDA Scholarship Program

NEDA offers scholarships for continuing education for members. The scholarships are awarded annually on a competitive basis.

Type of trainings/education that are considered for scholarships are:

    Basic Economic Development Course (BEDC)

  •  Heartland Economic Development Course, Kansas City, MO (preferred BEDC for NEDA Members)

    International Economic Development Council’s (IEDC) Courses

  • Business Credit Analysis
  • Business Retention and Expansion
  •  Economic Development Credit Analysis
  • Economic Development Finance
  • Economic Development Marketing and Attraction
  • Entrepreneurial and Small Business Development Strategies
  • Real Estate Development and Reuse

   Economic Development Institute (EDI)—Years 1, 2 and 3

   National Development Council’s (NDC) Courses (with more listed on the website):

  • ED 101-Economic Development Finance
  • ED 201-Business Credit Analysis
  • ED 202-Real Estate Finance
  • ED 300-The Art of Deal Structuring
  • PD405 Revolving Loan Funds and CDBG Compliance
  • PD407 Making CDBG Work for Your Economic Development Efforts
  • PD515 New Market Tax Credits
  • CD101 Economic and Community Development Finance

Criteria for applicants include:

  • The NEDA member must be a member of NEDA for a minimum of three months prior to the scholarship application deadline before applying for a Basic Economic Development Course (BEDC) scholarship.
  • The NEDA member must be a member of NEDA for at least one year prior to the training/education course date before applying for a scholarship to IEDC courses, EDI or NDC courses.
  • Additionally, the applicant must complete the official scholarship application form (attached or found on the NEDA website), as well as have a written letter of recommendation from the applicant’s chief executive officer or the chairman/president of the board.
  • NOTE: Never are scholarships awarded for training/education already attended.
  • If an applicant has not attended Basic Economic Development Course (BEDC), then no scholarships can be awarded for other training/education.

Process for awarding the scholarships:

  • The scholarship application and all accompanying materials must be postmarked by the deadline listed on the application.
  • The Scholarship Committee will review the applications and make recommendations to the NEDA Board of Directors.
  • The NEDA Board of Directors will make the final determination on the number of awards to be made.
  • If an applicant is chosen, the scholarship must be used within one year of it being awarded.
  • A photocopy of the check or credit card receipt sent by the applicant to pay for registration must be sent to the NEDA Executive Director. The NEDA Executive Director will then reimburse the successful scholarship applicant.
  • The successful scholarship applicant is expected to send a written report to the NEDA President and make an oral report to the membership at the NEDA conference following completion of the course.

Availability:

  • NEDA members are eligible for scholarships in the amounts of $250 or $500 to be used toward tuition costs only.
  • Each NEDA member may receive up to $1,500 in total scholarship funds from NEDA.
  • NEDA members may apply for and use more than one scholarship in a calendar year to allow for “fast tracking” through Basic Economic Development Course (BEDC) and Economic Development Institute (EDI).

Return Applications To:

Katlyn Notter

NEDA Executive Director
Nebraska Economic Developers Association
521 First Street
PO Box 10
Milford, NE 68405
Phone:
(402) 761-2216
Fax: (402) 761-2101
Email: nebraskaeda@gmail.com

 

Application deadline is January 4, 2019.
Application can be found here: NEDA Scholarship Application

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