Local economic development organizations such as CEDC exist to promote and foster growth in our business community. This growth enhances the overall economic wellbeing of the citizens in our community. There isn’t a day that goes by without someone asking, “how are you funded?”. The answer usually comes as a surprise. We are funded by over 100 businesses and individuals through an investor model where businesses and community stakeholders annually invest in the organization. These investments are supplemented through program sponsorship, contract for services, and state and federal grants when applicable.

Growing the local economy takes collaboration, and the Chippewa Eco­nomic Development Corporation’s (CEDC) approach to economic devel­opment and our programs continues to be recognized by peers nationally. With your financial support through investment/membership, we influence local economic development growth. At the beginning of each year, solicitations for investors in financial participation are sent out to our economic development stakeholders. CEDC has a proud 89% investor retention rate which allows us to continue operating our activities including, but not limited to:

  • business expansion & retention (BEAR) capi­tal
  • business attraction (BA)
  • start-ups (HATCH)
  • talent programs (STEAM & Make 48)
  • dealing with housing and childcare development (Advocacy)
  • working on large-scale infrastructure projects (Broadband, Shovel Ready)
  • market­ing the area on a national and international scale (BDO Zone)

CEDC’s major task is growing the overall Chippewa economy and working to make our area the best place to raise a family and a business. To do this requires collaboration, support, encouragement, and strategic thinking. Being an investor/member in CEDC ensures that Chippewa is best po­sitioned and has the highest likelihood for growth.

So, as our investment letters are being sent out, please consider joining us as we work together to continue building a more prosperous future.