Success Stories

Displaying 21 - 30 of 81

November 29, 2022

EDA-Capitalized Revolving Loan Fund Helps a Small Business Ascend to Success

When psychologist Haleigh Scott completed her postdoctoral clinical training at the University of California, Davis she knew she could best continue her commitment to individuals with neurodevelopmental disabilities in a small setting that would allow personalized patient treatment and case management.
  • Small Business Development/RLF
October 31, 2022

Revolving Loan Fund Program Gives Businesses a Flying Start in Tennessee

Mike Williamson is a former Air Force mechanic from Lynchburg, Tennessee. After serving his country, he returned to his hometown and opened Lynchburg Machine Tool, which provides tools and dies for the local automotive manufacturing industry.
  • Small Business Development/RLF
September 1, 2022

Regional Planning Council Helps Small Businesses Stay Afloat in South Florida

Over the last few years, many Americans have moved to Florida, making it one of the top destinations for domestic migration. In 2021 alone, more than 220,000 people moved to the Sunshine State.

Coupled with the onset of the coronavirus pandemic, this mass migration put a serious strain on the state’s resources, minimizing its lending power to small, minority-owned businesses and other entrepreneurs. However, with assistance from the Economic Development Administration (EDA), the South Florida Regional Planning Council (SFRPC) is helping many such businesses develop and grow.
  • Small Business Development/RLF
July 12, 2022

Maryland EDD Helps Eastern Shore Businesses Navigate the Pandemic

With just two employees, the Mid-Shore Regional Council (MSRC) may be among the smallest of EDA’s economic development districts. But by leveraging the strength of its regional partners, the MSRC makes an enormous impact on Maryland’s Eastern Shore.
  • Economic Development Districts
June 30, 2022

Puerto Rico Welcomes First EDD

Economic Development Districts (EDD) play a vital role in the EDA grant application process. Comprised of multiple jurisdictions that often cross state lines, EDDs leverage the involvement of the public, private, and non-profit sectors to establish a strategic blueprint for economic development.
  • Economic Development Districts
May 10, 2022

North Charleston’s Opportunity Center Helps Empower Entrepreneurs and Build Generational Wealth in Low-Income Communities

In January 2022, The Opportunity Center opened for business in North Charleston, South Carolina, designed to create economic development opportunities for low-income communities. This innovative space provides workforce development, small business incubators, and coworking spaces benefiting entrepreneurs and start-ups, while maintaining offices of local non-profits actively working in the community and economic development sector.
  • Workforce Development
May 6, 2022

Specialized Health Sciences Equipment has Unanticipated Benefits for College

​​​​​​​Several years ago, Bismarck State College (BSC) was at a crossroads with its health sciences programs. BSC offered Nursing, EMT/Paramedic, Medical Lab Technician and Certified Nursing Assistant (CNA) programs as well as the only Surgical Technology program in the state.
  • Workforce Development
March 29, 2022

Colorado Business on the Brink of Exponential Growth

BAR U EAT started, quite literally, in a home kitchen. Unsatisfied with the granola and protein bar options in local stores in Steamboat Springs, Colorado, Sam Nelson decided to make his own.
  • Small Business Development/RLF