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Success Stories (Cont.)

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

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

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

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

To help diversify its economy and increase job opportunities, Lewiston, Idaho, developed a plan to make its regional airport more attractive to business.

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

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

Innovation & Entrepreneurship

New Mexico State University’s Arrowhead Park is Growing Jobs by Expanding the New Mexico Health-Tech Cluster (Video)

EDA’s Regional Innovation Strategies (RIS) Program investments in New Mexico State University (NMSU) have helped accelerate development of Arrowhead Park around the growing health-tech cluster. The ultimate goal of the Park is to positively impact the region through improved health for citizens, more effective and efficient healthcare delivery, job and wealth creation, and a trained workforce foundational to a more robust, stable economy.

March 2017

Cedar Rapids, Iowa based Geonetric

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, Small Business Development/RLF

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.
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