Membership Directory - Corporate
Addison County Economic Development Corporation
Member Since: 2021
About the business: The Addison County Economic Development Corporation (ACEDC) was officially chartered on November 8, 1991 as a 501 (c) (6), not for profit Vermont Corporation. ACEDC evolved out of Addison County regional economic development activities that formally began with the chartering and start up of Otter Creek Development Corporation (OCDC) in 1985. OCDC represented all Addison County towns with the exception of Hancock and Granville which are located on the other side of Breadloaf Mountain. ACEDC was initially a wholly-owned subsidiary of the Addison County Chamber of Commerce. It became a freestanding corporation in July 1994, one of 12 regional development corporations throughout Vermont. In 1993, ACEDC was one of five regional development corporations to receive a $200,000 grant to create a Revolving Loan Fund (RLF) for Addison County businesses. ACEDC has since been the recipient of several additional loan funds in 1995, 1998, 2009, and, most recently, a special appropriation for a Champlain Bridge Loan Fund to support businesses that were negatively impacted by the closure of the Champlain Bridge on October 16, 2009. Since the inception of the first RLF, ACEDC has lent millions of dollars to dozens of businesses to support their growth and help them retain and create jobs. ACEDC is the resource for navigating the opportunities and challenges of doing business in Addison County. Since 1993, ACEDC has lent over $4 million to dozens of local businesses, creating or retaining more than 1400 jobs in Addison County. ACEDC is an equal opportunity lender.
Twitter Handle: https://twitter.com/acedc1
Facebook Handle: https://www.facebook.com/addisoncountyedc
Admin Contact: Available to Members