About Us


What is SEDCorp?    The Sierra Economic Development Corporation (SEDCorp) is a private non-profit organization devoted to supporting the economic development of the rural communities north and east of Sacramento. 

Formed through a joint powers agreement by the counties of El Dorado, Placer, Nevada and Sierra in 1969, SEDCorp provides service in three primary program areas.  First, SEDCorp supports local jurisdictions in their economic development efforts, providing expertise often lacking in small local governments.  SEDCorp works with those jurisdictions to secure grant funds from a variety of sources for high priority projects. 

Second, SEDCorp supports the region's businesses with a variety of training events ranging from single-subject sessions on such topics as bookkeeping and local business resources to intensive three-day business "boot camps" to teach the fundamentals of sound business planning from inception to retirement. 

Third, SEDCorp is a small business lender.  SEDCorp provides a number of loan products sourced from the U.S. Small Business Administration (http://www.sba.gov/) and the Department of Agriculture  (http://www.cdfa.ca.gov/) to a service area that extends across all the counties touching the border with Nevada from Sacramento to Oregon.  In addition to these core services, SEDCorp provides special project services, as needed.  For more than a year, SEDCorp has been under contract to the State of California's Emerging Technology Fund (http://cetfund.org/) for the conduct of a project to promote the expansion of broadband Internet service in the rural areas of the counties of Alpine, El Dorado, Placer, Nevada and Sierra.  To that end, SEDCorp conducted twenty community meetings to assess the local demand for broadband service.  SEDCorp has also worked with the local jurisdictions to capture and cross-level best practices for local policies and procedures. 

Finally, SEDCorp has worked with over half of the region's broadband providers to convey the information learned about local broadband demand and to encourage accelerated delivery system expansion schedules.  SEDCorp's efforts have led to significant increases in broadband availability, especially in the counties of El Dorado and Sierra.  SEDCorp is currently working on a large combined application for federal economic stimulus funds intended to sustain and increase the recent growth in broadband service availability .

 

Current Board of Directors

Current Board Agenda

Mission
To alleviate unemployment and underemployment by expanding industrial resource and small business development while preserving the quality of life in the Sierra Nevada foothills.


Vision Statement
The Members of the Boards of Directors of the Sierra Planning Organization (SPO) and the Sierra Economic Development Corporation (SEDCorp) are dedicated to a Vision of economic, social, and environmental wealth throughout the counties of El Dorado, Nevada, Placer and Sierra. That Vision, without implied priority, includes the following elements.

A pervasive atmosphere of collaboration for mutual benefit and support throughout the region sustained in the SEDCorp/SPO forum.

  • Increased employment throughout the region, maximized in the rural areas.
  • A vibrant, year-round tourism base throughout the region.
  • A well-integrated and effective system to facilitate collaboration between business needs and workforce preparation.
  • Broadband Internet and voice communications access throughout the region.
  • Adequate wastewater, water, road and utility systems throughout the region.
  • A regional business environment that nurtures entrepreneurs and existing businesses and welcomes new, responsible businesses.
  • A housing supply adequate to the needs and budgets of the workforce and located so as to improve jobs/housing balance and reduce commuting distances.
  • Environmentally-responsible energy self-sufficiency for the forested areas while reducing fire hazards, improving the forest habitat, and crating forest-related businesses.


Services
SEDCorp provides both technical and financial services and resources. On the technical side, SEDCorp acts as a liaison between business and local government funding sources. SEDCorp helps the public body apply for funding and provides the expertise in administration, marketing, loan packaging and credit approval.

<div class="fb-like-box" data-href="http://www.facebook.com/platform" data-width="292" data-show-faces="true" data-stream="true" data-header="true"></div>

<div id="fb-root"></div>
<script>(function(d, s, id) {
  var js, fjs = d.getElementsByTagName(s)[0];
  if (d.getElementById(id)) return;
  js = d.createElement(s); js.id = id;
  js.src = "//connect.facebook.net/en_US/all.js#xfbml=1";
  fjs.parentNode.insertBefore(js, fjs);
}(document, 'script', 'facebook-jssdk'));</script>

 


Home