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Success Stories

Innovation and Entrepreneurship

Innovation & Entrepreneurship

Ben Franklin Technology Partners of Southeastern PA and ImpactPHL Advance Tech Startups, Create Positive Impact in Greater Philadelphia Region

Regional Innovation Strategies grantee Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin) launched ImpactPHL Ventures in July 2017 to boost growth of impact-focused startup companies in the Greater Philadelphia region.

June 2018

Client tenants during a meeting at the eFactory.

Innovation & Entrepreneurship

IDEA Commons at Missouri State University Brings Key Players Together to Boost Business Development, Advance Innovation

Missouri State University’s IDEA Commons innovation district is helping to revitalize the Springfield region by blending innovation, design, entrepreneurship and the arts.

May 2018

Client tenants during a meeting at the eFactory.

Innovation & Entrepreneurship

StartingBlock Madison to Open New Entrepreneurial Center June 2018

This June, 2016 i6 Challenge grantee, StartingBlock Madison, will open a new 50,000 square foot entrepreneurial hub in Madison, Wisconsin’s burgeoning Capital East tech district.

April 2018

StartingBlock Madison logo

Innovation & Entrepreneurship

Economic Development Authority of Western Nevada Launches Annual Seed Fund and Venture Conference to Bring Investors to Reno, Advance Startups in Region

2017 Regional Innovation Strategies grantee the Economic Development Authority of Western Nevada (EDAWN) has launched an annual seed fund and venture conference in Reno, Nevada to bring investors to the region and help provide early stage financing to the most promising local business startups in the area.

April 2018

Economic Development Authority of Western Nevada logo

Innovation & Entrepreneurship

Telluride Venture Accelerator Raises $13 Million for Early Stage Ventures, Entrepreneurs in Rural Colorado

In just over a year, EDA Regional Innovation Strategies (RIS) grantees the Telluride Foundation and its Telluride Venture Accelerator have helped create an additional $13 million in capital for early stage ventures, specifically for companies located in rural and remote parts of Colorado.

April 2018

A cross-laminated timber splice connection, tested at Oregon State University, installed at the George W. Peavy Science Center. Photography by Johanna Carson

Innovation & Entrepreneurship

Oregon State University and University of Oregon Team Up to Launch TallWood Design Institute, Advance Mass-Timber Technologies

EDA 2015 Regional Innovation Strategies (RIS) grantee Oregon State University (OSU) has partnered with the University of Oregon (UO) to launch the TallWood Design Institute (TDI), an innovative collaboration that brings together world-class expertise in wood science and technology, forestry, architecture and engineering to carry out applied research and support product development and testing of structural wood building materials and systems.

April 2018

A cross-laminated timber splice connection, tested at Oregon State University, installed at the George W. Peavy Science Center. Photography by Johanna Carson

Innovation & Entrepreneurship

WT Enterprise Center Internationally Recognized for Advancements Made in Entrepreneurship and Business Incubation in the Texas Panhandle Region

Since receiving an EDA Public Works program investment in 2002, the WT Enterprise Center (WTEC) at West Texas A&M University has become a global leader in entrepreneurial development and business incubation.

August 2017

Cedar Rapids, Iowa based Geonetric

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.

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

Innovation Hub at the University of Florida

Florida began investing heavily in a more disaster-resistant “innovation economy” a decade ago as a necessary transition from a traditional dependence on population-dependent industries such as tourism, construction and real estate.

June 2016

ATRC logo

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