Trade Adjustment Assistance for Firms

 

The Trade Adjustment Assistance for Firms (TAAF) program helps economically distressed U.S. businesses in building strategies to increase exports and thereby create jobs. The program provides technical assistance to U.S. businesses that have lost sales and employment due to increased imports of similar goods and services. Technical assistance is provided through a nationwide network of eleven Economic Development Administration (EDA) funded Trade Adjustment Assistance Centers (TAACs).

Active 11.313 Economic Development Administration, Department of Commerce B - Project Grants Not applicable. Trade Act of 1974, as amended (19 U.S.C. § 2341 et seq.)., Public Law 114-27 Section 253 of the Trade Act (19 U.S.C. ? 2343(b)) provides that grants may be awarded to "intermediary organizations (including Trade Adjustment Assistance Centers)" to provide assistance to trade-injured firms. For an industry association or other organizations to be eligible for industry assistance under section 265 of the Trade Act (19 U.S.C. ? 2355(a)), the applicant must submit evidence demonstrating that the industry faces import competition and includes a substantial number of Trade Act-certified firms or worker groups. Current funding is limited to the existing Trade Adjustment Assistance Centers. Only firms certified by EDA on behalf of the Secretary of Commerce are eligible for assistance under the Trade Adjustment Assistance for Firms (TAAF) program. The principal benefit is cost-shared technical assistance: the TAAF program pays up to one-half of the cost of assistance by private-sector consultants and contractors for operational improvements at certified firms. There are no direct cash grants or awards to firms. The Trade Adjustment Assistance for Firms Centers (TAACs) are EDA grantees that act as intermediaries for this program between EDA and the firm. Entities seeking assistance must contact their regional TAAC Center discuss their needs, describe the import injury and determine if funding is available for industry-wide projects. 2 CFR 200, Subpart E - Cost Principles applies to this program. Preapplication coordination is not applicable. 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. The nationwide network of TAACs apply to EDA each year for funding. Awards are made based upon the quality of submitted applications, previous performance under cooperative agreements with EDA, and the availability of funds. Acceptance of an application or amended application for a cooperative agreement does not guarantee funding by EDA. Contact the headquarters or regional location, as appropriate for application deadlines From 30 to 60 days. Not applicable. More than 180 days. Awardees may apply for no-cost extensions and renewals annually. Awardees must contact EDA for submission guidance. EDA may invite existing (currently funded) TAACs to submit either new or amended applications provided they have performed successfully and complied with previous conditions in their cooperative agreements with EDA and contingent upon the availability of funds. As needed, EDA may invite new organizations to submit applications through an applicable Federal Funding Opportunity (FFO) announcement. Under Chapters 3 and 5 of Title II of Trade Act of 1974, as amended (19 U.S.C. § 2341 et seq.), a firm may apply to the applicable TAAC supported by the Economic Development Administration (EDA) of the Department of Commerce for certification of eligibility to apply for trade adjustment assistance (TAA) related technical assistance. Interested firms that believe they meet the requirements set forth in 13 CFR part 315 may contact EDA or one of the EDA-funded TAACs. TAACs will assist firms, at no cost, in completing and submitting a petition (Form ED-840P or any successor form) to EDA. Before a firm receives technical assistance under the program, the firm must have an adjustment proposal approved by EDA. Usually the adjustment proposal, which includes an unbiased diagnostic of the firm's strengths, weaknesses, opportunities, and threats, is prepared by the TAAC in cooperation with the certified firm. Performance Reports: Grantees are required to submit quarterly and annual performance reports. Additionally, an annual performance report is required consistent with EDA’s Government Performance Results Act (GPRA) reporting requirements. Grantees are required to submit annual audit reports within 9 months after the end of their organization's financial fiscal year. All financial and programmatic records, supporting documents, statistical reports, and other records of recipients or sub-recipients are required to be maintained by the terms of the agreement. The recipient must retain records for at least three years after submission of the final financial report and have them readily available for inspection and audit. Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing. Generally, the cooperative grant agreement provides up to five years of services to import-impact firms. Generally, TAAF-appropriated funds are awarded under five-year cooperative grant agreements. The TAACs are funded annually. Firms certified for TAAF receive cost-sharing technical assistance. Firms to not receive direct financial assistance or grants from EDA. Information about the Trade Adjustment Assistance for Firms program is available at https://www.eda.gov/taaf/. Information about the Trade Adjustment Assistance Centers is available at http://www.taacenters.org/. Bryan Borlik
1401 Constitution Avenue NW
Suite 71030
Washington, DC 20230 US
taac@eda.gov
Phone: 202-482-3901

Miriam Nettles-Kearse
1401 Constitution Avenue NW
Washington, DC 20230 US
taac@eda.gov
Phone: 202-849-0941 https://www.eda.gov/taaf/ 13-2050-0-1-452 (Cooperative Agreements) FY 22$13,500,000.00; FY 23 est $13,500,000.00; FY 24 FY 21$13,500,000.00; FY 20$13,000,000.00; FY 18$13,000,000.00; FY 19 est $13,000,000.00; FY 17$13,309,066.00; FY 16$20,219,553.00; - Awards range between $1M-$1.6M. Pertinent guidelines, regulations (13 C.F.R. Part 315), and reports are available at https://www.eda.gov/. Not applicable.