Success Stories

Displaying 1 - 10 of 32

July 18, 2023

EDA Leads Economic Recovery Efforts in Florida Following Hurricane Ian

On September 28, 2022, Hurricane Ian hit Florida’s Gulf Coast, bringing heavy rains and 150 mph winds. It resulted in catastrophic loss and significantly impacted communities throughout the state. The storm left more than 2.6 million residents without power. Ian’s impact on the state’s economy was no less intense, with insurance losses topping $12.6 billion.
  • Disaster Recovery
June 20, 2023

EDA Supports STEM Technology Development in Puerto Rico Following Irma and Maria

Puerto Rico is known as the Island of Enchantment, a favorite tourist destination revered for its white sandy beaches and cool tropical breezes. Each year, the island welcomes more than 4 million visitors eager to enjoy the sun and surf. Unfortunately, there are more and more unwelcome natural visitors, as climate change continues to increase the frequency and intensity of damaging storms.
  • Disaster Recovery
April 13, 2023

EDA Grant Supports Disaster Preparedness and Recovery in North Carolina

North Carolina is no stranger to natural disasters. In recent years, the Tar Heel State has hosted some of the most destructive hurricanes in American history, including Dorian (2019), Florence (2018) and Matthew (2016). Combined, these storms have accounted for more than $24 billion in damages to homes and businesses and the loss of more than forty lives throughout the state.
  • Disaster Recovery
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.
  • Disaster Recovery
November 1, 2022

Paradise, California Leverages $1.8 Million EDA Grant to Secure $200 Million Investment

California has experienced its share of wildfires. Nothing, however, could prepare the Golden State for the devastation of the 2018 Camp Fire. The historic and unprecedented conflagration laid waste to a large section of mountainous and semi-rural Butte County, going down as the single most devastating fire disaster in state history.
  • Disaster Recovery
March 1, 2022

2 EDA Grants to Savanna, Illinois, Spur Manufacturing Investment and Job Creation

About 10 years ago, the city of Savanna, Illinois, faced two economic development hurdles.

The first was a three-quarter-mile, pot-holed-filled street, called Wacker Road, that rumbled as trucks passed a school and homes to get to industrial businesses. The second was a dilapidated wastewater treatment plant that was built so close to the Mississippi River that it flooded frequently and caused back-ups across the city.
  • Disaster Recovery