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Success Stories (Cont.)

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

Workforce Development

Success Story: Making the Impossible, Possible: How EDA is Helping to Create New Innovations and Train the Food Industry Cluster to Maximize Business Growth

This past 4th of July, Americans had more meatless options for their barbecues – enter the “Impossible Burger.”

July 2019

Rutgers Food Innovation Center

Manufacturing

Grayling Mill, ARAUCO’s First Greenfield Plant Constructed in the United States, Transforms Manufacturing in Michigan

A $3.2 million EDA public works project to help fund water and wastewater facility upgrades in Grayling, Michigan, resulted in the attraction of foreign-based particle board manufacturer ARAUCO.

June 2019

ARAUCO’s Grand Opening, April 16, 2019

Disaster

EDA University Center at the University of Puerto Rico helps promote resilient jobs in the Aftermath of Hurricane Maria

September 20, 2017 is a day that forever changed the lives of people in Puerto Rico. As Hurricane Maria made landfall and wreaked havoc upon the Island, countless number of people lost their homes and jobs.

May 2019

Workers at Puerto Rico Industries for the Blind

Infrastructure

Lubbock Rail Port Infrastructure Expansion Tracks in New Growth for the Region

EDA invested $1.5 million in Lubbock Economic Development Alliance, Inc., (LEDA) of Lubbock, Texas, in 2009 to develop physical infrastructure needed to help the region attract additional private investment.

April 2019

Workers construct new rail spur to facilitate shipping raw materials to manufacturing and distribution center.

Small Business/RLF

Former St. Louis Fire Department Engine House Now Quenches Burning Hard Cider Thirst with Help of EDA RLF Loan

EDA’s Revolving Loan Fund (RLF) program provides small businesses and entrepreneurs with the gap financing they need to start or expand their businesses.

April 2019

The transformed Fire Engine House now the Brick River Cider

Disaster

Collaborative Efforts in California Turn Wildfire Devastation Into Economic Growth

Like the Phoenix rising from the burning flames to restore and make anew, so have local efforts in California help turn destruction into prosperity.

March 2019

Exterior, Calaveras Business Resource Center

Disaster

Success Story: EDA’s Investment in Choctaw Nation Supports Development of Drone Testing Program, Attracting New Business and Private Investment to the Area

The Choctaw Nation is a Native American territory and Indian Tribe represented in 11 counties in Oklahoma. Between 2014 and 2016, the Choctaw Nation and surrounding region was affected by three federally-declared natural disasters.

February 2019

Choctaw Nation Drone Testing

Workforce Development

Highlight: How Non-Profit ICAST is Teaching Green Construction Skills to At-Risk Youth, Training for Jobs of the Future

In December 2017, EDA provided funding for the International Center for Appropriate and Sustainable Technology (ICAST), a nonprofit that focuses on providing a higher quality of living for low-to-moderate income communities, to launch a green construction training and job creation program for disadvantaged youth.

February 2019

Students at the ICAST Green Construction Training Program

Small Business/RLF

Rhode Island Commerce Corporations’ EDA Revolving Loan Fund Helps Premier Biodiesel Manufacturer Expand

EDA’s Revolving Loan (RLF) Program provides funding to state and local governments, nonprofits and political subdivisions to provide access to capital to U.S. small businesses that cannot obtain traditional bank financing.

December 2018

Newport Biodiesel, Inc.’s new biodiesel tanks

Small Business/RLF

North Central Pennsylvania Regional Planning and Development Commission’s EDA Revolving Loan Fund Gives Pennsylvania Manufacturer a Boost

EDA’s Revolving Loan (RLF) Program provides funding to state and local governments, nonprofits and political subdivisions to provide access to capital to U.S. small businesses that cannot obtain traditional bank financing. These loans enable small businesses to expand, lead to new employment opportunities and help retain jobs.

December 2018

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