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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

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

Infrastructure

Re-Patriating Manufacturing Jobs through a New Industrial Park – Ogden, Utah

In 2015, EDA awarded $2.2 million to support the construction of a new waterline to service the Ogden Business Exchange, a business and light industrial park currently being developed and marketed in Ogden, Utah.

February 2017

New Industrial Park in Ogden, Utah

Manufacturing

World’s Tenth Largest Tire Company Relocates to South Carolina – Chester County, South Carolina

In June of 2014, Giti Tire, a Singapore headquartered tire company, announced that Chester County would be home to its first greenfield North American manufacturing facility.

February 2017

February 12, 2015 was Groundbreaking Day for new Giti Tire North American manufacturing facility.

Manufacturing

FIT’s Center for Advanced Manufacturing and Innovation Design – Palm Bay, Florida

To help make their economy more economically resilient, the Florida Institute of Technology developed the Center for Advanced Manufacturing and Innovative Design (CAMID) in Palm Bay.

February 2017

FIT’s Center for Advanced Manufacturing and Innovation Design(CAMID) in Palm Bay, FL

Small Business Development/RLF

The River Valley Regional Commission Revolving Loan Fund Success

The River Valley Regional Commission through its Economic Development Revolving Loan Fund assisted a local business, White Oak Pastures with financing to purchase and renovate a building in Bluffton, GA.

February 2017

White Oak Pastures

Innovation & Entrepreneurship

Rural Startup Creates Innovative First Down Marker with AU EDA Assistance (PDF)

Through program marketing efforts, Hutch Hammond (Vice President of Operations, Victory Game Clocks) heard about Auburn’s EDA University Center program and with student involvement a new, innovative sports product was born!

January 2017

North Dakota State University student Cooper Bierscheid testing out his 3D-printed prosthetic limb.

Innovation & Entrepreneurship

NDSU Research and Technology Park Spurs Groundbreaking Innovations

The University Center Economic Development Program at EDA helps make the resources of local universities available to the economic development communities in their areas. One such program is located in North Dakota.

November 2016

North Dakota State University student Cooper Bierscheid testing out his 3D-printed prosthetic limb.

Innovation & Entrepreneurship

Pacific Northwest Diabetes Institute

In FY 2010, EDA provided a $2 million grant to the Pacific Northwest Diabetes Institute to fund the acquisition of new technology and upgrades of scientific equipment.

September 2016

Pacific Northwest Diabetes Research Institute logo