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Success Stories

Success Stories

EDA investments catalyze strategic, regionally-focused plans to build strong economic ecosystems that will support entrepreneurship and business growth, enhance and grow their existing economic assets, and create well-paying jobs in growing sectors. By investing in bottom-up regional economic development EDA helped communities devise new, well-thought-out, sustainable strategies based on their unique assets.

EDA’s economic footprint is wide and its tool box is extensive—including technical assistance, post-disaster recovery assistance, trade adjustment support, strategic planning and research and evaluation capacity, thereby allowing the agency to offer the most effective investment to help communities succeed in the global economy.

We are proud of our grantees’ accomplishments and encourage you to submit your success stories:

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Archives: Disaster | Infrastructure | Innovation and Entrepreneurship | Manufacturing | Small Business Development/RLF | Workforce Development

Manufacturing

Made in Baltimore: A Renewed Sense of Hometown Pride

Small businesses in Baltimore are getting a boost as a result of a $110,000 EDA Local Technical Assistance Program  (PDF grant that was awarded in 2016 to help the Baltimore City Department of Planning launch its Made in Baltimore program.

May 2017

Makers Jeremiah Jones of Sewlab USA and Rachel Bone from Red Prairie Press set up for the Pop-Up Shop.

Small Business Development/RLF

Kansas’ Thunder Struck Inc., Expands Thanks to EDA Revolving Loan Fund Program

Thunder Struck, Inc. needed a large facility to expand its business – and they found it in Abilene, Kansas, in the former Duckwall-Alco Corporate offices and warehouse. The business started operating at the new location in October 2015.

May 2017

White Oak Pastures

Infrastructure

$2.5 Million EDA Grant Results in $39 Million in Private Investment and 200 New Jobs in Indiana

Due to the severe downturn of the automotive manufacturing sector in 2009, economic development leaders in north central Indiana were looking for ways to help diversify their economy.

May 2017

Hangar 200 during expansion and renovation

Small Business Development/RLF

PeopleFund Expansion Empowers Small Businesses to Grow in Texas

In order to continue the revitalization of East Austin through their support for entrepreneurs and small businesses, the PeopleFund, a nonprofit lender in Texas, needed to establish a headquarters building in its target market, the heart of Central-East Austin.

April 2017

White Oak Pastures

Infrastructure

Lewiston Regional Airport Industrial Park Brings Businesses and Jobs to Rural Idaho

To keep up with the growing demand for Alaskan salmon domestically and abroad, local leaders at the Bristol Bay Borough in Naknek, Alaska knew significant improvements needed to be made to the Bristol Bay Borough Cargo Dock.

April 2017

Plane flying out of Lewiston Regional Airport

Infrastructure

Port of Bristol Bay Cargo Dock Upgrade Supports U.S. Salmon Exports, Jobs in Alaska

To keep up with the growing demand for Alaskan salmon domestically and abroad, local leaders at the Bristol Bay Borough in Naknek, Alaska knew significant improvements needed to be made to the Bristol Bay Borough Cargo Dock.

April 2017

The Port of Bristol Bay in Naknek, Alaska

Innovation & Entrepreneurship

Santa Fe Business Incubator: Economic Driver, Business Creation Center, and Innovation Hub

With a pressing need for new jobs in the area, the city of Santa Fe, New Mexico needed a mechanism to strengthen and diversify its local economy.

March 2017

Cedar Rapids, Iowa based Geonetric

Innovation & Entrepreneurship

EDA Revolving Loan Fund Critical to the Success of Cedar Rapid’s Geonetric

Geonetric, based in Cedar Rapids, Iowa, provides hospitals, health systems, and medical groups with the healthcare-specific content management systems they need to be optimized to respond to the unique needs of the healthcare industry.

March 2017

Cedar Rapids, Iowa based Geonetric

Innovation & Entrepreneurship

Investments in Entrepreneurs Grow Small Businesses in Oklahoma

Due to significant job losses in its manufacturing sector, Oklahoma City needed a strategy to diversify and boost its economy. To move the city forward and create more opportunities for innovation and technology-based businesses, EDA partnered with local nonprofit, i2E, Inc., to support their “Oklahoma City Technology Business Initiative.”

March 2017

Robin Smith, Chief Executive Officer of successful startup WeGoLook, LLC.,<br />and staff at one of i2E’s entrepreneurial development centers.

Manufacturing

Reshoring Advanced Manufacturing Jobs in Mississippi Reshoring Initiative

Mississippi State University’s Canton-based office recently accepted the Community Economic Development Award for its work to bring advanced manufacturing jobs back to America.

February 2017

The Reshoring Advanced Manufacturing Jobs in Mississippi: Enhancing Skills and Building Competitiveness partnership team