Success Stories

Displaying 1 - 10 of 16

November 14, 2023

EDA Puts Former Kentucky Coal and Timber Community on the Right Track for Tourism

Stearns, Kentucky is rich in Appalachian history and culture, founded in 1902 by the Stearns Coal and Lumber Company. Centrally located within the state, adjacent to both the Daniel Boone National Forest and the Big South Fork National River and Recreation Area, Stearns was a ‘company town’ for decades serving as a major player in the mining and logging industries. More than 2,000 people lived and worked throughout 18 coal camps.
  • Infrastructure
September 21, 2023

EDA Powered Capital is Helping Delaware and Pennsylvania Surge Business Growth

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.
  • Small Business Development/RLF
September 12, 2023

Texas Putting More Commercial Drivers on the Road Through EDA Support

Commercial drivers play a critical role in our nation’s economy. Those with a Commercial Driver’s License (CDL) operate the tractor-trailers, semi-trucks, and passenger buses that transport supplies, materials, products, and people across the country.  Simply put, commercial drivers help America move forward.
  • Infrastructure
  • Workforce Development
August 30, 2023

EDA-Funded Nonprofit Helps Local Startups Open for Business in South Carolina

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.
  • Innovation and Entrepreneurship
  • Small Business Development/RLF
August 17, 2023

EDA Helps Ensure Maine is “Built for Business”

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.
  • Innovation and Entrepreneurship
  • Small Business Development/RLF
August 10, 2023

EDA Grant Lays Foundation for Significant Broadband Investments in Missouri

Lack of access to broadband is a problem for millions across the country, including residents in the state of Missouri. According to surveys from the Federal Communications Commission (FCC), the state ranks near the bottom for access to high-speed internet. Some local business owners had to find creative workarounds including completing tasks and then traveling into town to upload their completed work. 
  • Economic Development Districts
  • Infrastructure
July 20, 2023

Wisconsin Chocolatier Achieves Sweet Success With Help From EDA-Funded Programs and Projects

“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.
  • Economic Development Districts
  • Innovation and Entrepreneurship
  • Small Business Development/RLF
June 28, 2023

EDA Grant Helps Washington Industrial Park Achieve 95 Percent Occupancy

World War II sparked a surge of defense activity in southeastern Washington and northeastern Oregon, leaving behind, by war’s end, several unused military facilities. In 1958 the Port of Pasco in Pasco, Washington, acquired one of these facilities — a U.S. Army POW camp — and repurposed it as the Big Pasco Industrial Park.
  • Infrastructure