Success Stories

Displaying 1 - 10 of 202

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 19, 2023

Data Driven Investing in America: New Tools Help Advance Regionally Focused Economic Development in Washington State and Beyond

In 2018, Brookings reported: “A central development problem is that high-quality, timely, accessible data are absent in most poor countries, where development needs are greatest. In a world of unequal distributions of income and wealth across space, age and class, gender and ethnic pay gaps, and environmental risks, data that provide only national averages conceal more than they reveal.”
  • Economic Development Districts
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
July 18, 2023

EDA Leads Economic Recovery Efforts in Florida Following Hurricane Ian

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.
  • Disaster Recovery