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Success Stories (Cont.)

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

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.

Disaster, Infrastructure, 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

Infrastructure, Manufacturing

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

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

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.
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