Success Stories

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.’

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.

“To grow is to prosper.” For the residents of Floyd County, Virginia, it’s more than just a motto emblazoned on the county seal. It’s a way of life, embedded in both the history and the culture of this rural community nestled among the scenic Blue Ridge Mountains.

Nancy Martinez, owner of Nide Jardin in Aurora, Illinois, opened her 2,400-square-foot plant and home decor store in August 2023 with assistance from a flexible loan from a Revolving Loan Fund (RLF) supported by a grant from the U.S. Economic Development Administration (EDA).

For more than thirty years, True Access Capital (TAC) has been empowering small business owners and entrepreneurs in Delaware and Pennsylvania, providing them with startup capital. Since opening its doors in 1991, TAC has provided nearly $50 million in funding to more than 1,400 organizations, allowing them to, in turn, open for business as well.

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.