Success Stories (Cont.)

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
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
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
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
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
Workforce Development TruFund Accelerates Innovative Programs in Louisiana The Economic Development Administration (EDA) awarded TruFund Financial a $500,000 EDA funded/$500,000 match grant in 2014 to assist with small business development and growth in Louisiana. August 2016
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
Small Business Development/RLF Trinity Hotel, Carlsbad, New Mexico In Carlsbad, New Mexico some local developers saw opportunity in an old, historic bank building. This fantastic old building was opened as the community’s First National Bank in January of 1891 during Carlsbad’s pioneer days to accommodate the new town’s growing agricultural & business community and has a rich history. June 2016
Small Business Development/RLF Kreinik Manufacturing Company, Parkersburg, West Virginia The entire economy in the small town of Parkersburg, West Virginia is built on small businesses. Kreinik Manufacturing Company creates small textile embellishments and decorations. Demand was growing for these expertly crafted items, and the owners needed some new spooling equipment and computer upgrades to meet demand. June 2016
Small Business Development/RLF Innovative Senior Solutions, Cordele, Georgia In September 2010, two registered nurses, Eshonda Blue and Jessica Wright, approached the River Valley Area Development Corporation for financing of an Adult Day Care Home (ADCH) to be located in Cordele, Georgia. Innovative Senior Solutions (ISS) received an $18,750.00 loan through the EDA Revolving Loan Fund (RLF) and the company injected $6,250.00. June 2016