Success Stories

Displaying 1 - 10 of 11

August 13, 2024

EDA Helps the Wood Products Industry Branch Out in the Northern Forest

Timber markets are one of America’s most valuable, yet unpredictable, natural resource industries. It is no stranger to volatility, going from boon to bust and back again. As recently as 2019, paper mills and biomass electric plants were closing in Maine, New Hampshire, New York and Vermont, a four-state region collectively referred to as the Northern Forest. As the plants continued to close, the demand for wood harvested in the region began to decline.
  • Innovation and Entrepreneurship
  • Manufacturing
June 11, 2024

EDA Opens the Door to Success for Alabama Entrepreneurs

It is in that same spirit of preparedness that Vivian’s Door provides business training to the community, maintaining an open-door policy with its students - small business owners and entrepreneurs. It’s more than just helping them grow their businesses, but rather serving the whole community.
  • Innovation and Entrepreneurship
  • Small Business Development/RLF
April 9, 2024

With EDA Support, Maine’s Marine Industry Reaches New Depths

The seafood industry is often described as the lifeblood of Maine, providing food to customers the world over. Generations of fishermen have sailed its waters in search of lobsters, crabs, scallops, and a variety of other fish. In recent years, the cultivation of oysters, mussels, seaweed, and other species has added to their hauls. Seafood, along with forestry, agriculture, and outdoor recreation, is one of the iconic natural resource-based industries that dominate the economy in the Pine Tree State.
  • Innovation and Entrepreneurship
April 4, 2024

Multiple EDA Grants Transform Base Closure into Economic Opportunity in West Texas

The place-based investment is core to EDA’s mission, with our team working closely with local community leaders to ensure EDA’s grants support targeted economic development based on each community’s unique needs. It’s not a one-size-fits-all approach, which allows EDA’s grants to be flexible, dynamic, and meet the moment that’s called for in each community. In Lubbock, Texas, that has translated into multiple EDA investments, as leaders turn a painful Air Force Base closure into economic opportunity for the region.
  • Infrastructure
  • Innovation and Entrepreneurship
  • Manufacturing
  • Workforce Development
October 25, 2022

New Mexico Program Improves Access to Entrepreneurial Resources

For entrepreneurs, finding support for their potential business can be a challenge, especially for women, minorities, and those in rural communities. Fueled by a $250,000 Economic Adjustment Assistance (PDF) investment from EDA, a program in New Mexico was focused on improving access to entrepreneurial support by tapping into existing community resources.
  • Innovation and Entrepreneurship
October 18, 2022

Colorado Entrepreneurs Gain Holistic Business Support

Starting a small business can be a struggle, and for many entrepreneurs, knowing where to start can either make or break their potential business. Luckily, small businesses in Colorado Springs, Colorado can turn to an entrepreneurial support program, which will meet owners where they are and offer assistance every step of the way.

Exponential Impact launched in 2017, after Colorado Springs city leaders recognized a need for entrepreneurial support in the community.
  • Innovation and Entrepreneurship
July 28, 2022

AgStart Building Future of Food in Northern California

Agriculture in California is more than just vineyards and avocado groves. According to data from the California Department of Food and Agriculture, farmers in the Golden State produce more than one-third of the United States’ vegetables, two-thirds of its fruits and nuts, and manage more dairy cows than any other place in the United States. In fact California is the largest food-producing state in the country, and a critical lynchpin in the nation’s agricultural ecosystem. It is also globally competitive, producing 80 percent of the world’s almonds and one-third of the world’s processed tomatoes, while remaining a significant exporter of citrus, sushi rice, and other crops. But issues of workforce, water, and land availability are coalescing to challenge the future of food in California.
  • Innovation and Entrepreneurship
June 1, 2022

At the University of Oregon, the Institute for Policy Research and Engagement is Bridging the Divide Between Academia and Practice

Whether it’s developing a business incubator, building new broadband infrastructure, or expanding a wastewater management system, economic development is often a heavy-lifting activity. Sometimes, though, no challenge is as great as bridging the divide between academia and practice. At the University of Oregon, the Institute for Policy Research and Engagement (IPRE) is helping Oregon’s economic development community remove the barriers that separate research from action.
  • Innovation and Entrepreneurship
May 3, 2022

EDA Grant Helps Power World’s First Carbon Fiber Remanufacturing Facility

In 1965, the Economic Development Administration (EDA) was established and the sport of pickleball invented. Created by former U.S. Representative Joel Pritchard (WA-02) at his Bainbridge Island, Washington cabin, pickleball has since been named the state sport of Washington. Recently, it has seen a surge in popularity, becoming the fastest-growing athletic pastime in the United States. Now, these two children of 1965 — EDA and pickleball — are being reunited through a Port Angeles, Washington, nonprofit.
  • Innovation and Entrepreneurship
March 9, 2022

With EDA Support, Washington State University is Helping Inventors and Entrepreneurs Succeed in Eastern Washington

Over the last decade, Spokane, Washington has experienced a boom in growth. Much of the Lilac City’s recent economic success can be organically attributed to an innovative business landscape driven by a local sense of creativity and industry — the city’s motto, in fact, is “Creative by Nature.” But a large portion of that success is also creditable to the work done by a burgeoning, local economic development ecosystem. A major component of that ecosystem is Washington State University’s (WSU) Center for Innovation.
  • Innovation and Entrepreneurship