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The Shiawassee Economic
Development Partnership (SEDP) was formed in 2001 to serve the economic well
being of Shiawassee County.
The
SEDP is a department within the Shiawassee Regional Chamber of Commerce.
Mission Statement
To improve Shiawassee County's economy by creating the environment,
infrastructure and partnerships through which annual net new jobs, average wage,
and new investment targets are met or exceeded.
History
The Shiawassee Economic Development Partnership (SEDP) was created by the
Board of Directors of the Shiawassee Regional Chamber of Commerce as the fifth
of five departments of the Chamber in 2001. The intention of the Board of
Directors was to create a fully-funded, full time economic development effort
for Shiawassee County and to collaborate with interested public and private
organizations to reverse a 30 year decline.
Throughout
2002 the Chamber was successful in acquiring planning grants from the State of
Michigan to assist in a four-phase roll out plan of the new SEDP which included
an economic assessment, target industry studies, goal setting studies and the
first business plan. In November 2002, the Chamber Board approved the Chamber
four year business plan which included the new economic development department.
The plan described the launch, funding and operation of the SEDP. Also in
November 2002 an outside fund development firm was hired to begin the process to
raise $1.25 million from the public and private sectors to fund the plan at the
rate of $250,000 per year for five years. In October of 2003, the SEDP announced
it had met that goal and hired its first Director.
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