Our Mission – Job Creation

SEDC actively pursues economic development by assisting new or expanding business and industry in Sturgis and the greater Meade County area.  Our goal is to attract new businesses, retain existing businesses, and to help all businesses expand and profit.  SEDC is the only local organization with this full time focus.

History

In 1973, visionary businessmen formed the Sturgis Industrial Expansion Corp. (SIEC) as a public/private non-profit to secure federal funds to create an industrial park. Today, the 45-acre Sturgis Industrial Park is home to 22 businesses and 220+ employees.

In 2007, SIEC realized the need to expand its industrial real estate focus and officially changed its name to Sturgis Economic Development Corp. (SEDC).

SEDC employs a full time President and is governed by a volunteer Board of Directors. SEDC is funded by the City of Sturgis, Meade County, Municipal Utility Board, business and individual investors, and grants.

How We Do It

SEDC markets the assets of Sturgis/Meade County to businesses looking to relocate or expand. Prospects are developed through targeted strategies of direct sales, trade shows, website, networking and coordination with State and other development partners. SEDC is the regional “to-go” organization for economic development initiatives.

Buildings and Sites

SEDC developed the 45-acre Sturgis Industrial Park and constructs, owns, and manages industrial buildings in the Park to accommodate business growth. SEDC also maintains a list of other available business sites and buildings.

Community Information

SEDC compiles and maintains a community profile. This contains information frequently requested by prospects looking for area investment, such as tax structure, labor force, demographics, infrastructure, and community amenities.

Financial Resources and Incentives

SEDC directs a loan pool to finance business growth and also brokers local, State and federal financing, and job training grants to assist new and expanding businesses.