Supporting the Region's Small Businesses

SEDCorp is pleased to announce the generous donation of $45,000 made by Wells Fargo Bank through SEDCorp’s companion non-profit, Economic Partners In Change (EPIC), on December 7, 2011. Donald Terry, Community Development Officer for the Northern California Region, presented the check to Mike Holmes, SEDCorp’s Chairman, at the December Board of Directors meeting in Auburn.

“Wells Fargo has been a great partner to SEDCorp,” said Mike, “they really fulfill their role in supporting regional economic development.” SEDCorp CEO, Brent Smith, added, “This generous grant from Wells Fargo adds to our financial strength and our ability to support the region’s small businesses by providing more training for business owners and continuing to make direct small business loans.”

Donald Terry shared that “it’s been great to provide a little support to SEDCorp over the last couple of years in their Business Boot Camps and their lending program. We look forward to a continuing partnership.”

Mike Holmes, Brent Smith, Donald Terry and Patty Hall (SEDCorp Sec/Treasurer)

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.

The Sierra Economic Development Corporation (SEDCorp) has won additional funding for its Rural Revolving Loan Fund (RRLF) from the USDA.  Response to the RRLF has been very enthusiastic, with SEDCorp

Business Boot Camp Kicks Butt

Small Business Lenders Pick Up the Banks' Slack

Loans Offered to Build Businesses

Small Business of the Year Award