The International Economic Development Council (IEDC) has announced Jennifer Storm, CEO of the Buda Economic Development Corporation (Buda EDC), as the recipient of its 2025 Economic Developer of the Year award. Storm is the first Texan to receive this prestigious honor, which celebrates exceptional leadership, innovation, and measurable impact in the field of economic development. The award recognizes an individual who has demonstrated outstanding professional achievement, creativity, and dedication to advancing economic prosperity.
Under Storm's strategic direction, Buda has strengthened its position as a hub for high-wage job creation and knowledge-based businesses. Nathan Ohle, IEDC President and CEO, stated, "Strong economies are built by leaders like Jennifer Storm who understand that lasting progress requires vision, trust, and a deep commitment to the places and people they serve." The recognition underscores the tangible results achieved through focused economic development strategies at the local level.
Key achievements under Storm's leadership include several significant projects that have contributed to Buda's economic landscape. These include the establishment of the national headquarters for Perseus Defense, a Y Combinator-backed aerospace and defense company, and a $120 million expansion by US Foods that created 160 jobs. Furthermore, Storm and the Buda EDC have launched initiatives to support entrepreneurship and local businesses, such as the Buda HIVE incubator and the THRIVE small business loan program. The corporation has also awarded approximately $267,000 in LEAP incentives to 52 local businesses for purposes including retention, expansion, workforce upskilling, marketing, and downtown revitalization.
Storm expressed her honor in receiving the award, attributing the success to the collective efforts of her team. "I'm deeply honored to receive this award from IEDC. The true champions are the Buda EDC team and board, who work tirelessly to champion commerce and community," she said. The formal recognition will take place at the IEDC 2026 Leadership Summit, scheduled for March 1–3, 2026, in Washington, D.C.
The implications of this announcement extend beyond individual recognition, highlighting the critical role of local economic development corporations in fostering sustainable growth. For readers in the business and non-profit sectors, Storm's achievement demonstrates how strategic leadership can attract major investments, support small businesses, and create high-quality employment opportunities. It serves as a model for other communities aiming to enhance their economic vitality through targeted initiatives and partnerships. The work of organizations like the Buda EDC, detailed further at www.budaedc.com, illustrates the importance of dedicated economic development efforts in building resilient local economies that benefit residents and businesses alike.
