Трябва да промените *
в низа за връзка за името на сборката, където са .edmx файловете:
<add name="Entities" connectionString="metadata=res://*/Models.EF.Model.csdl|res://*/Models.EF.Model.ssdl|res://*/Models.EF.Model.msl;provider=System.Data.SqlClient;provider connection ... ;" providerName="System.Data.EntityClient" />
за
<add name="Entities" connectionString="metadata=res://Project2/Models.EF.Model.csdl|res://Project2/Models.EF.Model.ssdl|res://Project2/Models.EF.Model.msl;provider=System.Data.SqlClient;provider connection ... ;" providerName="System.Data.EntityClient" />