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Foreign Direct Investment (FDI) plays an important role in the U.S. economy. It leads to the creation of jobs, an increase in wealth and living standards, and overall growth and innovation that drive the U.S. economic competitiveness.

In 2014, EDA partnered with South Carolina's Chester County Sewer District through a $2.2 million grant - matched with $1.5 million in local funds - to make sewer infrastructure upgrades needed to serve a new manufacturing plant that became the first North American manufacturing facility for the 10th largest tire company in the world.

Our University Centers are making a real difference in providing the support businesses and communities need for success. One example is the University of Missouri Kansas City’s KCSourceLink University Center program, which connects a network of over 240 entrepreneurs and small businesses in the 18-county Kansas City region to find the right business resources to start, scale or accelerate.

Institutions of higher education have extensive resources, including specialized research, outreach, technology transfer, and commercialization capabilities, as well as recognized faculty expertise and sophisticated laboratories.

EDA’s Austin Regional Office hosted its annual University Centers Showcase conference at Louisiana Tech University in March to highlight EDA-supported University Center economic development initiatives in the region.

EDA’s Austin Regional Office hosted its annual University Centers Showcase conference at Louisiana Tech University in March to highlight EDA-supported University Center economic development initiatives in the region.

Institutions of higher education have extensive resources, including specialized research, outreach, technology transfer, and commercialization capabilities, as well as recognized faculty expertise and sophisticated laboratories.

Our University Centers are making a real difference in providing the support businesses and communities need for success. One example is the University of Missouri Kansas City’s KCSourceLink University Center program, which connects a network of over 240 entrepreneurs and small businesses in the 18-county Kansas City region to find the right business resources to start, scale or accelerate.

Many different types of users visit the U.S. Cluster Mapping and Registry portal, including business economic developers, policymakers, academics, and researchers.

​Did you know that EDA partners with businesses and universities through its Research and National Technical Assistance program to develop and disseminate “data tools” on emerging economic development concepts? These tools are paving pathways of success for economic development and innovation by helping communities develop strategic plans, locate and evaluate regional clusters, explore existing innovation capacity and much more.