EDA's Impact
Impact that starts locally and spans nationally (Data for January 2024)
5
Grants Awarded
$7.7M
Amount Awarded
4
States
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Featured Success Stories
January 23, 2024
EDA Investment Brings Critical Job-Training Programs to Franklin County, Tennessee
Franklin County, Tennessee is a small community rich in history. Located about two hours from Nashville, it was first established in 1800 and named for one of the most famous Americans of that time—or any time—Benjamin Franklin. One of the earliest settlers was noted frontiersman Davey Crockett, who called Franklin County his home for more than four years.
January 10, 2024
Latina Business Owner Strengthens Roots in Aurora, Illinois, With Help From EDA-Funded Revolving Loan Fund
Nancy Martinez, owner of Nide Jardin in Aurora, Illinois, opened her 2,400-square-foot plant and home decor store in August 2023 with assistance from a flexible loan from a Revolving Loan Fund (RLF) supported by a grant from the U.S. Economic Development Administration (EDA).
December 7, 2023
EDA’s Build Back Better Regional Challenge Supports Robotics and Advanced Manufacturing in Pittsburgh
In September 2022, President Joe Biden announced the 21 winners of the Build Back Better Regional Challenge (BBBRC), a key component of his American Rescue Plan. The competition was designed to boost economic recovery from the pandemic and rebuild American communities, including those grappling with decades of disinvestment.