Impact Overview
We improve the livelihoods of Americans by strengthening communities and driving innovation through locally-driven economic development.
EDA's Impact
Impact that starts locally and spans nationally (Data for February 2023)
32
Grants Awarded
$6.1M
Amount Awarded
12
States
Featured Success Stories
March 24, 2023
EDA Invests to Support Entrepreneurial Ecosystem in the Pennsylvania Wilds
Pennsylvania offers visitors a variety of destinations for travel and tourism. While some are drawn to the history and culture of Philadelphia, others prefer outdoor recreational opportunities, such as those available in the rural Pennsylvania Wilds. It is one of the state’s eleven official tourism regions, which accounts for eleven percent of the economy in this 13-county area.
March 7, 2023
King County Businesses Navigate Pandemic with Support From EDA and OneEastside SPARK
On February 20, 2020, Washington state reported the first COVID-19 death in the United States. Within a month, the state issued one of the nation’s first stay-at-home orders, a directive that was initially to last for just two weeks. OneRedmond CEO Kristina Hudson, however, knew that preparation was the best precaution.
February 21, 2023
With EDA Support, Small Businesses Fulfill Big Dreams in Kentucky
“Your dream – our mission.” That’s the motto of Community Ventures, a community development financial institution (CDFI) that has been serving Kentucky since 1982. Today, they operate five offices throughout the state and are committed to improving the quality of life for all of its citizens.
Explore Our Impact
Annual Reports
EDA’s Annual Reports are designed to be a web-based resource. An interactive map allows readers to quickly retrieve the FY 2020 summary and case studies of investments in any given state or territory. With just one click, communities can see the projects EDA has undertaken with local partners in their region and around the country.
Performance
EDA collects and reports on performance measures in compliance with Government Performance and Results Act of 1993 that, as amended by the GPRA Modernization Act of 2010, establishes requirements for all agencies to collect, analyze, and report on their performance. EDA’s performance goals and specific performance metrics are tied to the U.S. Department of Commerce’s performance management structure, and performance targets are tied to EDA’s annual budget request and appropriations.