Success Stories

Displaying 51 - 60 of 202

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
February 15, 2022

After Two Power Plant Closures, Former Coal Community Gets its Second Wind

The town of Somerset is a small, waterfront community in southeastern Massachusetts. It was incorporated in 1790 but has a rich heritage dating back to the founding of America. Today, it is home to more than 18,000 residents, boasting a diverse population representing many cultures and communities.
  • Economic Development Districts
February 8, 2022

EDA and GCA Partner to Upskill Guam’s Workforce

In 2006, when the U.S. Marine Corps made plans to expand its footprint on Guam, one logistical challenge became immediately apparent: the project would require nearly three times more construction workers than were available in the Territory. For leaders in Guam’s construction industry, however, the dilemma was nothing new. They’d been dealing with a shortage of skilled workers since the hotel building boom of the 1980s.
  • Workforce Development
January 4, 2022

With EDA Support, Florida Gateway College Helps New Truck Drivers Hit the Road

When the pandemic first began, Americans had a renewed appreciation for the trucking industry, bringing supplies and groceries to shelves across the country. Two years later, the need for qualified, commercial truck drivers has only increased, as America faces global supply chain issues. With support from the Economic Development Administration, one grantee is helping to fill that void.
  • Infrastructure
December 15, 2021

Venture Capital Fund Focuses on Boosting Businesses in Rural Colorado

With a focus on rural communities, a venture fund in western Colorado is helping to create new opportunities for entrepreneurs and businesses. The Greater Colorado Venture Fund (GCVF) started in 2018 and focuses on supporting early-stage startups.
  • Innovation and Entrepreneurship
November 23, 2021

EDA Investment Helps Former Logging Town “Branch Out”

Nestled in the densely forested Okanogan highlands of Eastern Washington, Deer Park’s fortunes were built on logging. But when the town’s last sawmill shut its doors, the community lost its long-time base industry and suddenly found itself with a need to economically “branch out.” Thanks to local ingenuity — backed by a $4.7 million grant from the Economic Development Administration (EDA) — this city of 3,600 people is celebrating an economic renaissance driving the creation of scores of new jobs and generating millions of dollars in private investment.
  • Infrastructure
November 16, 2021

New Mexico Project to Create One Stop Shop for Native American Entrepreneurs

A project in New Mexico is aiming to fill a gap in support for Native American artisans and entrepreneurs. The Indian Pueblo Cultural Center (IPCC) in Albuquerque, New Mexico, showcases the accomplishments and history of the Pueblo people of New Mexico. It includes a museum highlighting cultural arts, educational opportunities, and space for daily artisans and dances.
  • Infrastructure