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 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.’ He added, ‘We are thrilled to recognize Jennifer with the 2025 Economic Developer of the Year.’
Notable projects led by Storm and the Buda EDC include the establishment of Perseus Defense, a Y Combinator-backed aerospace and defense company, which is setting up its national headquarters in Buda. Another significant achievement is the US Foods expansion, representing a $120 million investment that created 160 jobs. The organization has also focused on entrepreneurship support through initiatives like the Buda HIVE incubator and the THRIVE small business loan program.
Local business support has been a cornerstone of Storm’s work, with the Buda EDC awarding approximately $267,000 in LEAP incentives to 52 local businesses. These funds have been used for business retention, expansion, workforce upskilling, marketing, and downtown revitalization efforts. Storm expressed her gratitude, saying, ‘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.’
Storm will be formally recognized at the IEDC 2026 Leadership Summit, taking place March 1–3, 2026, in Washington, D.C. The International Economic Development Council is the world’s largest association for economic developers, supporting professionals through learning, networking, research, advocacy, and partnerships worldwide. More information about the organization can be found at https://www.IEDC.org. The Buda Economic Development Corporation, dedicated to fostering sustainable economic growth and enhancing quality of life in Buda, Texas, can be explored further at https://www.budaedc.com.
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