Success Stories

In September 2022, President Joe Biden announced the 21 winners of the Build Back Better Regional Challenge (BBBRC), a key component of his American Rescue Plan. The competition was designed to boost economic recovery from the pandemic and rebuild American communities, including those grappling with decades of disinvestment.

In 2007, Lowcountry Local First (LLF) opened its doors in Charleston, South Carolina. The founders of this non-profit organization wanted to advance economic prosperity and local ownership through innovative and inclusive initiatives—exactly the kind of initiative that would benefit from EDA’s investment.

Since 1943, the State of Maine was home to the Brunswick Naval Air Station, a training facility for pilots heading off to Europe during World War 2. They operated under the motto: “Built for Business.”  Today, that slogan has taken on a new meaning.

“I was just a humble chocolate maker with a dream.” Daniel Herskovic, a gourmet chef who worked at top restaurants in San Francisco, New York, and Chicago, started his luxury chocolate company, Mayana Chocolate, in his apartment and eventually moved to a small table in the corner of a local cheesecake bakery on Chicago’s North Side.

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.

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.

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.

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.

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.

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.