SEDCorp's mission is to alleviate unemployment and underemployment by expanding industrial resource and small business development while preserving the quality of life in the Sierra Nevada foothills.

Broadband Summits for Nevada and El Dorado Counties

You are invited to attend the Broadband Summits for Nevada and El Dorado Counties.   This is an important follow-up meeting to the original community meeting discussions regarding availability of broadband in Nevada county.  Come and find out what we have determined for your neighborhood.   The Nevada County summit will be held Saturday, June 28, 2014 from 10am-12pm at the Gene Albaugh Community Room, Madelyn Helling Library, 980 Helling Way, Nevada City.  The El Dorado County Broadband Summit will be held on July 12, 2014 from 9am-11am at the Cool Community Church, 863 Cave Valley Road, Cool. 

 

SEDCorp Welcomes New CEO

SEDCorp welcomes Randy Wagner, the new CEO of SEDCorp effective September 1, 2013.   Randy hails from Auburn, California where he has been a long term resident and active community leader serving on both the City of Auburn's Economic Development Commission and Auburn Placer Performing Arts Center Board of Directors.  Randy is also a 2012 graduate of the Leadership Auburn Program.  Prior to joining SEDCorp, Randy spent 32 years with Hewlett-Packard where much of the time he served as a Service Executive responsible for leading, developing and managing global, regional and national service businesses.  These service businesses were often recognized as "industry best-in-class" programs.  Randy was hired directly into HP's leadership  community out of college where he earned a Master's degree in Public Policy and Administration from Cal State Long Beach, and a Bachelors in Political Science from Cal Poly, San Luis Obispo.   You can reach Randy at randy@sedcorp.biz.   Former CEO, Brent Smith, retired in August.

Wells Fargo Donates to SEDCorp/EPIC

Supporting the Youth Financial Literacy Program

Auburn nonprofits Economic Partners in Change (EPIC) and the Sierra Economic Development Corporation (SEDCorp) are pleased to announce the generous donation of $25,000 that was made by Wells Fargo last week.

EPIC will use a share of the grant funds to fund a Youth Financial Literacy course at Placer High School in Auburn in 2014.  The funds will pay for two part-time college students to teach Placer students in the Advancement Via Individual Determination (AVID) program practical lesson from the adult financial world.  The grant will also make it possible for SEDCorp to hold another of its intensive Business Boot Camps at the Wells Fargo training center in Citrus Heights in the spring.  Wells Fargo would like to challenge the community to match its support for these and other worthy services being delivered by EPIC and SEDCorp.

New Guidebook Details Means to Access Capital in California


The California Financial Opportunities Roundtable (CalFOR) released their new guidebook, Access to Capital, today providing a one-stop-shop resource for anyone seeking capital, ranging from aspiring entrepreneurs and small business owners to policy-makers and financial institutions.

"This guidebook is a valuable tool for California's rural businesses, entrepreneurs and communities containing comprehensive information they need to thrive, grow and create jobs," said USDA Rural Development State Director Glenda Humiston.  "We are a proud contributor to CalFOR's efforts to support a strong California economy."

Throughout its pages Access to Capital provides straightforward descriptions of a wide variety of tools and programs available to access capital, along with specific examples of how they have been utilized and links to websites for in-depth information.   In addition, recommendations to improve accessibility or usefulness of programs are also included.

SEDCorp Receives Regional Broadband Grant Award

The Sierra Economic Development Corporation (SEDCorp) is proud to announce receipt of a new grant award intended to help northern California counties move closer to the goal of expanding high-speed Internet access to rural areas.

SEDCorp was awarded a one-year, $150,000 grant to launch public-private partnership aimed at increasing digital access and use in Nevada, Placer, El Dorado, Sierra and eastern Alpine counties. The new partnership, the Gold Country Broadband Consortium (GCBC) is one of 14 regional consortia in the State funded by the California Advanced Services Fund Rural and Urban Regional Broadband Consortia grant program.  The Consortium was formed to leverage regional, state and national resources as an investment in improving and expanding broadband access.

Updates to the Consortium can be found under the Projects tab of this website.  Additional information and announcements will be posted on the Gold Country Broadband Consortium Blog:  http://goldcountryconsortium.wordpress.com.


SEDCorp Adds New Loan Program

NEW! Loans are available from $1,000 - $5,000 with NO COLLATERAL required. Well qualified borrowers can get fast approval for a one year loan. Call Kelley to get pre-qualified for this FANTASTIC OPPORTUNITY!! (530)-823-4703.

 

SEDCorp Creates New Non-Profit to Benefit Youth

The Sierra Economic Development Corporation (SEDCorp), a 41-year-old regional non-profit, continues to bring leadership and expertise to Placer County in innovative ways. SEDCorp has created a companion public benefit non-profit called Economic Partners in Change – “EPIC” – in recognition of the looming problem of having a large number of “baby-boom generation” business leaders leaving the work force over the next ten years and the question of where an adequate number of tomorrow’s business leaders will be found.

Small Business of the Year Award


Local Cafe Named Regional Small Business of
the Year for 2014.



 The Small Business of the Year Award for 2014 has gone to The Getaway Café in South Lake Tahoe. 
Each year, in honor of Small Business Week, the Sierra Economic
Development Corporation  (SEDCorp)
selects a small business for the award.  South Lake Tahoe
 resident and business owner, Diane Guth was selected for  the award
on April 3,2014. Businesses were evaluated on
such criteria as economic impact, increase in sales, product line expansion,
penetration into new markets,  job
growth, upgrading management capabilities,  participation in trainings and workshops,
community involvement and dedication to the community that the business serves.

 

 

 


SEDCorp CELEBRATES ITS 40th YEAR

The Sierra Economic Development Corporation (SEDCorp) celebrated its 40th anniversary last week as a non-profit organization devoted to supporting the economic development of the rural communities north and east of Sacramento   Celebrated at The Ridge in Auburn, SEDCorp hosted a two-hour celebration featuring Dianne Church, Economic Development Representative, U.S. Department of Commerce E.D.A., Chuck Clendenin, Business & Cooperative Program Director, U.S.D.A. Rural Development and Jim O’Neal, District Director, U.S.