Success Stories

Displaying 1 - 10 of 16

August 13, 2024

EDA Helps the Wood Products Industry Branch Out in the Northern Forest

Timber markets are one of America’s most valuable, yet unpredictable, natural resource industries. It is no stranger to volatility, going from boon to bust and back again. As recently as 2019, paper mills and biomass electric plants were closing in Maine, New Hampshire, New York and Vermont, a four-state region collectively referred to as the Northern Forest. As the plants continued to close, the demand for wood harvested in the region began to decline.
  • Innovation and Entrepreneurship
  • Manufacturing
June 11, 2024

EDA Opens the Door to Success for Alabama Entrepreneurs

It is in that same spirit of preparedness that Vivian’s Door provides business training to the community, maintaining an open-door policy with its students - small business owners and entrepreneurs. It’s more than just helping them grow their businesses, but rather serving the whole community.
  • Innovation and Entrepreneurship
  • Small Business Development/RLF
April 9, 2024

With EDA Support, Maine’s Marine Industry Reaches New Depths

The seafood industry is often described as the lifeblood of Maine, providing food to customers the world over. Generations of fishermen have sailed its waters in search of lobsters, crabs, scallops, and a variety of other fish. In recent years, the cultivation of oysters, mussels, seaweed, and other species has added to their hauls. Seafood, along with forestry, agriculture, and outdoor recreation, is one of the iconic natural resource-based industries that dominate the economy in the Pine Tree State.
  • Innovation and Entrepreneurship
April 4, 2024

Multiple EDA Grants Transform Base Closure into Economic Opportunity in West Texas

The place-based investment is core to EDA’s mission, with our team working closely with local community leaders to ensure EDA’s grants support targeted economic development based on each community’s unique needs. It’s not a one-size-fits-all approach, which allows EDA’s grants to be flexible, dynamic, and meet the moment that’s called for in each community. In Lubbock, Texas, that has translated into multiple EDA investments, as leaders turn a painful Air Force Base closure into economic opportunity for the region.
  • Infrastructure
  • Innovation and Entrepreneurship
  • Manufacturing
  • Workforce Development