We would like to congratulate all applicants who were named finalists for the EDA Recompete Pilot Program Phase 2 proposals last year! The deadline for Phase 2 applications is 4:59 p.m. Eastern Time on April 25, 2024. Applicants submitting Phase II proposals likely have their hands full with their application. However, there is another important aspect to consider regarding these opportunities – evaluation. As an evaluation firm and proposal preparation consultancy with experience in both evaluating these grants and writing proposals for them, we wanted to share some insights on the evaluation needs of EDA Recompete Pilot Program Phase 2.
Evaluation – why does it matter?
First and foremost, it’s important to understand that the evaluation process is not just a compliance requirement but rather an opportunity to demonstrate the impact and effectiveness of your EDA Recompete Pilot Program Phase 2 activities and outcomes. This is why it’s crucial to approach evaluation with a strategic mindset and a clear understanding of your EDA Recompete Pilot Program Phase 2‘s goals and objectives.
One of the key components of evaluation is identifying the metrics and indicators that will be used to measure progress and success. This requires a thorough understanding of your EDA Recompete Pilot Program Phase 2‘s activities, target audience, and intended outcomes. It’s important to choose metrics that are both meaningful and feasible to track and to establish baseline data and targets for each metric.
Data collection
Another important aspect of evaluation is ensuring that data is collected consistently and accurately. This requires developing clear protocols and procedures for data collection, as well as training staff and partners on how to implement them. It’s also important to establish systems for data management and analysis, such as a centralized database or dashboard.
In addition to measuring progress and outcomes, evaluation can also help identify areas where your EDA Recompete Pilot Program Phase 2 can improve or adjust its activities. This requires a willingness to learn from both successes and failures, and to use data and feedback to inform decision-making and course correction.
Finally, it’s important to communicate evaluation findings and insights to relevant stakeholders, including funders, partners, and the public. This not only helps demonstrate accountability and transparency but also provides opportunities for collaboration and learning.
Evaluation is a critical component of the EDA Recompete Pilot Program Phase 2 grant process and should be approached strategically and early in the application process for best results. These awards feature complex stakeholder arrangements and multiple types of data. This is why it is critical to select an evaluation firm that has EDA experience.
E.B. Howard Consulting has a proven track record for identifying meaningful metrics, collecting accurate data, using insights to inform decision-making, and communicating findings to stakeholders. Together, we can ensure your EDA Recompete Pilot Program Phase 2 demonstrates its impact and effectiveness and continues to achieve its mission throughout the award period.
We work with high-growth startups and organizations that support the startup and innovation ecosystem. We build highly specific non-dilutive funding menus, provide proposal preparation services, and measure outcomes of funding through evaluation. Schedule a consult call with us HERE.