The Addison County Economic Development Corporation

What The Addison County Economic Development Corporation does

The Addison County Economic Development Corporation (ACEDC) is a private, member-based, non-profit corporation founded in 1991 and headquartered at 1590 Route 7 South, Suite 8, Middlebury, Vermont. ACEDC serves as the designated Regional Development Corporation (RDC) for Addison County, providing direct business assistance, community outreach, town consultation, grant and funding research, legal advocacy, and regional data analysis to local businesses, municipalities, and job seekers across all sectors and stages.

Its core service offerings include the ACEDC Revolving Loan Funds (backed by USDA/Rural Development), grant policies and procedures, the annual Regional Priority Project List process, a membership program with directory and job-posting benefits, the Addison County Workforce Alliance (ACWA) coalition of 23+ member organizations, the Workforce Expansion Program (a VDOL-funded two-year pilot targeting youth, people with disabilities, and adults without a high school diploma), and disaster-relief resource promotion in partnership with VEDA and Efficiency Vermont. ACEDC does not build proprietary technology products; its platform is service- and relationship-driven, supported by a website, social channels, an email newsletter, events, and workshops.

ACEDC's revenue is generated through two streams: (1) recurring grant funding from government sources including USDA/Rural Development, the Vermont Agency of Commerce and Community Development, and the Vermont Department of Labor, and (2) recurring membership dues from local businesses that join ACEDC to access services, resources, networking, and job-posting capabilities. Pricing of membership tiers is not publicly disclosed, and audited revenue figures are not available. Operations are limited to a single headquarters in Middlebury, Vermont, and the organization is led by Executive Director Alex Armani-Munn.

Name

The Addison County Economic Development Corporation

Legal name

Addison County Economic Development Corporation

Website

https://addisoncountyedc.org

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

1–10 employees

Short description

ACEDC is a non-profit Regional Development Corporation serving Addison County, Vermont businesses, municipalities, and job seekers with direct assistance, revolving loan funds, grant programs, workforce development, and disaster recovery resources, funded by government grants and membership dues.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Religious, Grantmaking, Civic, Professional, and Similar Organizations (813), Business, Professional, Labor, Political, and Similar Organizations (8139), Grantmaking and Giving Services (81321)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

akta.pro secondary industries

Community Foundations (BPAGAKAB), Corporate Foundations & CSR Grantmaking (BPAGAKAC)

Keywords

• Economic development services
• Business assistance programs
• Workforce development initiatives
• Revolving loan funds
• Regional priority planning

Headquarters

HQ city

Middlebury

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Grant Funding: ACEDC receives grant funding from government sources including USDA/Rural Development and the State of Vermont through the Agency of Commerce and Community Development to conduct feasibility studies, support economic development initiatives, and fund regional projects.
2. Membership Dues: ACEDC operates a membership program where local businesses pay dues to join and receive benefits including access to services, resources, networking opportunities, and job posting capabilities on the ACEDC platform.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

ACEDC is a member-based, private, not-for-profit corporation that serves as the designated Regional Development Corporation (RDC) for Addison County, Vermont. It delivers direct business assistance, operates revolving loan funds, conducts grant research, coordinates the annual Regional Priority Project List process, and runs workforce development programs (including the Addison County Workforce Alliance and a Workforce Expansion Program) to support local businesses, municipalities, and job seekers.

Product overview

Addison County Economic Development Corporation (ACEDC) is a non-profit regional economic development organization that provides a suite of services to support local businesses and community development. The organization offers business growth resources, revolving loan funds, grant programs, and workforce development initiatives including the Addison County Workforce Alliance and the Workforce Expansion Program. ACEDC also manages the annual Regional Priority Project List process to identify and prioritize development projects for state and federal funding.

Differentiator

Problem solved

Functional benefit

Products and services

• ACEDC Revolving Loan Funds
• Regional Priority Project List Process
• Addison County Workforce Alliance (ACWA)
• Workforce Expansion Program
• VEDA Disaster Recovery Loan Fund Promotion
• Business Growth Resources
• ACEDC Grant Policies & Procedures

Named customers25 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered major and core.

• Efficiency VermontmajorGTM or Marketing Partner · 28 January 2026ACEDC promotes Efficiency Vermont's double incentive program for business custom efficiency upgrades.
• VEDA (Vermont Economic Development Authority)coreStrategic or Co-development Partner · 27 January 2026VEDA Disaster Recovery Loan Fund partnership provides financial assistance to Vermont businesses to recover from disasters. ACEDC promotes this resource for Addison County businesses affected by floods and droughts.
• Vermont Department of Labor (VDOL)coreStrategic or Co-development Partner · 1 June 2025ACEDC was selected for the Workforce Expansion Program by VDOL in June 2025. VDOL provides a Workforce Expansion Program Coordinator (Becca Carter) to work with ACEDC on workforce-building goals.
• Addison County Regional Planning Commission (ACRPC)coreStrategic or Co-development PartnerACRPC collaborates with ACEDC on regional planning initiatives, field data collection projects, and workforce development through the Regional Priority Project List process.
• Addison County Workforce Alliance (ACWA)coreStrategic or Co-development PartnerACWA is a coalition coordinated by ACEDC with 23+ member organizations including employers, educators, service providers, and government agencies aligned to workforce development goals.
• Addison County Chamber of CommercemajorStrategic or Co-development PartnerPart of ACWA Steering Committee, collaborating on workforce development and economic initiatives in Addison County.
• CCV MiddleburymajorStrategic or Co-development PartnerPart of ACWA Steering Committee, providing educational resources and pathways for workforce development.
• Efficiency VermontmajorStrategic or Co-development PartnerACEDC member providing energy efficiency programs and double incentives for businesses in Addison County.
• Middlebury CollegemajorStrategic or Co-development PartnerMajor employer and educational institution in Addison County, member of ACWA providing higher education resources.
• Patricia Hannaford Career CentermajorStrategic or Co-development PartnerPart of ACWA Steering Committee, providing career and technical education programs for Addison County students and adults.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Green Mountain Economic Development Corporation: A fellow Vermont Regional Development Corporation serving Lamoille County. GMEDC runs comparable business lending, technical assistance, and workforce programs funded through the same state/federal channels as ACEDC.
• Brattleboro Development Credit Corporation: Regional economic development corporation in southeastern Vermont providing business financing, workforce development, and community programming under a similar nonprofit RDC framework.
• Central Vermont Economic Development Corporation: One of Vermont's 12 Regional Development Corporations, CVEDC provides the same suite of business assistance, revolving loan funds, and workforce programming to Washington/Lamoille counties. ACEDC and CVEDC operate under identical statutory/grant frameworks, making them the closest organizational analogues.
• Northeastern Vermont Development Association: Vermont RDC for the Northeast Kingdom, delivering economic and community development planning, business support, and grant administration comparable to ACEDC's Addison County footprint.
• Rutland Economic Development Corporation: Vermont RDC counterpart serving Rutland County with revolving loan funds, technical assistance, and regional priority project management — directly comparable mission and operating model to ACEDC.

Others

• VEDA (Vermont Economic Development Authority): Statewide financing partner that provides the Disaster Recovery Loan Fund ACEDC promotes. Not a peer in the sense of competing for the same mandate, but a critical capital partner in ACEDC's small business lending ecosystem.

Broad incumbents

• Vermont Council on Rural Development: Statewide nonprofit supporting rural Vermont communities with planning, grant programs, and convening. Operates at broader geographic scale than ACEDC but pursues adjacent mission and partnership channels.
• Vermont Sustainable Jobs Fund: Vermont-state-affiliated nonprofit delivering grant programs and technical assistance to agriculture, food, forestry, and clean-energy businesses — overlapping the economic development and grantmaking function ACEDC performs locally.

Emerging players

• Addison County Chamber of Commerce: Local member-based business association serving the same Addison County market. Overlaps with ACEDC on networking, advocacy, and member services but with a narrower economic development mandate and sits on ACWA's steering committee.

Regional players

• Northern Forest Center: Regional nonprofit driving economic development and community vitality across northern New York, Vermont, New Hampshire, and Maine. Comparable rural economic development mission and grantmaking model, though operating across a multi-state footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• Xx.com/acedc1
• YouTubeyoutube.com/channel/UCadBEQ5ipxf0gJZ8xHaFBpA
• Facebookfacebook.com/addisoncountyedc
• LinkedInlinkedin.com/company/addison-county-economic-development
• Instagraminstagram.com/addisoncountyedc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Addison County Economic Development Corporation