Membership Directory - Corporate

Addison County Economic Development Corporation

Member Since: 1991

About

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. ACEDC was initially a wholly owned subsidiary of the Addison County Chamber of Commerce. It became a freestanding corporation in July 1994 and is now one of 12 independent 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 additional USDA/Rural Development loan funds in 1995, 1998, 2009, and 2021. ACEDC has loaned over $5,000,000 to 120 projects to support business creation, growth and expansion and to retain and create hundreds of jobs. These loan funds continue to revolve to support new start-ups and business expansion.

ACEDC also received a special state 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. All except one of those loans are closed.
Twitter Handle: https://twitter.com/acedc1
Available to Members
streetAddress: 1590 US Route 7S • Suite 8
cityName: Middlebury
province: Vermont
zipCode: 05753
+1 8023887953
Sector: Finance
Ownership:
Stage/Size:

Members

Project and Grant Manager
Executive Director