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 May 2023)
37
Grants Awarded
$17.8M
Amount Awarded
1,779
Jobs Created or Saved
(according to grantee estimates)
(according to grantee estimates)
Featured Success Stories
May 15, 2023
EDA Helps Incubate Next Generation Technology in Georgia
EDA is helping create the cities of tomorrow, today. Curiosity Lab is a technological business incubator and living laboratory in Peachtree Corners, Georgia. It provides a test environment for more than fifty local businesses to advance smart city technology and next-generation intelligent mobility.
May 9, 2023
EDA University Center at Michigan State Bridges Gap Between Academia and Economic Development Practitioners
The EDA University Center for Regional Economic Innovation (REI) at Michigan State University connects economic development practitioners in the state’s underserved communities to much-needed resources and technical support.
April 18, 2023
Tailored Support for Montana’s Rural and Indigenous Entrepreneurs
Montana attracts millions of visitors every year with its vast landscapes, natural beauty, and wildlife. The Big Sky State is one of the country’s largest by area, but is one of the least populated, home to less than 2 million residents and averaging less than seven people for every square mile of land. It is also home to eight federally recognized tribes.
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.