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 2024)
44
Grants Awarded
$24.7M
Amount Awarded
2,859
Jobs Created or Saved
Featured Success Stories
March 14, 2024
With EDA Support, a North Carolina Brewery Serves New Opportunities for the Community
Reidsville is a small North Carolina community about twenty miles from Greensboro. Known as “Lucky City,” the residents have a simple motto: ‘live simply, think big.’
March 5, 2024
EDA Supports Bishop Paiute Tribe’s Expansion of Retail Operations to Serve More Inyo County Visitors
The dramatic landscapes of Inyo County, California make it a popular filming location, with more than 400 movies and countless television ads shot in the surrounding area. It is also a destination for outdoor enthusiasts who are drawn to its iconic locales, such as Death Valley and Mount Whitney. All of these visitors require fuel, food, and other supplies, a need upon which the Bishop Paiute Tribe are moving to capitalize.
February 21, 2024
Ski Park Starting New Run with EDA Investment
Frost Fire Park in Northern North Dakota has been driving tourism to the Pembina Gorge for nearly half a century. Located just five miles from the Canadian border, the weekend ski area attracts skiers and snowboarders from hundreds of miles away who not only enjoy winter sports but also frequent hotels, restaurants, and small businesses in the area.
Explore Our Impact
Historic Impact
The Urban Institute, a nonprofit research organization, received an EDA grant on October 1, 2018. This research, funded in FY2019 and running through FY2023, examined EDA’s funding allocations and grantmaking programs, the agency’s history and goals, the attributes of communities receiving EDA investments, and the extent to which EDA investments spur local economic growth.
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.