Strategic Economic Development Corporation

What Strategic Economic Development Corporation does

Strategic Economic Development Corporation (SEDCOR) is a private non-profit membership organization founded in 1982 and headquartered at 626 High Street NE Suite 200 in Salem, Oregon. It drives economic development across Oregon's Mid-Willamette Valley, serving Marion, Polk, and Yamhill Counties. The organization's core function is to support established local businesses in their expansion and capital investment, assist incoming companies with site selection, and address systemic regional workforce, childcare, and housing challenges through programs, industry alliances, and public-private consortia. The member base spans agriculture, construction, healthcare, education, and other sectors, accessed through annual membership dues that are tiered by FTE employee count.

SEDCOR's service portfolio includes an annual membership program with a searchable Member Directory and Enterprise Magazine publication, the SEDCOR Construction Alliance for construction industry competitiveness, the Northwest Ag Innovation Hub connecting farmers with agricultural technology companies, the Mid-Willamette Valley Regional Food and Agriculture Business Center (RFABC) supporting agricultural producers (led in partnership with the Oregon Department of Agriculture, Business Oregon, and OSU Extension Service), and the Newberg Workforce Housing Consortium addressing workforce housing shortages (which secured $3M in Oregon legislative funding in April 2022 and broke ground on the Housing Innovation Village in December 2025). Its wholly owned Strategic Economic Development Foundation (SEDF) subsidiary delivers educational programming for underserved populations through the Launch Mid-Valley startup support initiative and the Latino Microenterprise Development Program (LMDP). Additional initiatives include Project Oasis (a 100-slot childcare facility developed with dental equipment manufacturer DCI), Enterprise Zones incentives, and the Mill Creek Corporate Center commercial real estate project.

The revenue model relies on annual membership dues (Small under 25 FTE, Mid-sized 26-100 FTE, Large over 101 FTE), state and federal grants (notably a $469,150 EDA award in September 2020), and consortium-sourced legislative funding. SEDCOR does not develop proprietary technology products; its technical stack comprises a website, an AgTech Dashboard for regional agricultural data, a Member Directory, and standard event/marketing tools used to operate membership and program services. The organization is governed by a board of directors and is led by President Erik Andersson, who holds degrees from Cornell University and McGill University and prior experience at Tacoma Public Utilities, PacifiCorp, and the Oregon Economic Development Department.

Name

Strategic Economic Development Corporation

Legal name

Strategic Economic Development Corporation

Website

https://sedcor.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

1–10 employees

Short description

SEDCOR is a non-profit membership organization founded in 1982 that drives economic development across Oregon's Mid-Willamette Valley, supporting business expansion, site selection, workforce development, and workforce housing through annual memberships, industry alliances, and public-private consortium initiatives.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Business, Professional, Labor, Political, and Similar Organizations (8139), Professional Organizations (81392)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Workforce Development & Inclusive Employment (Job Training, Placement) (BPAGALAB)

akta.pro secondary industry

Economic Growth, Livelihoods & Private Sector Development (BPADAEAE)

Keywords

• Economic development services
• Regional business development
• Workforce development programs
• Site selection assistance
• Membership-based services

Headquarters

HQ city

Salem

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. Membership Dues: SEDCOR operates as a non-profit membership organization. Membership dues are calculated based on the total number of FTE employees for the business/organization. Memberships are renewed annually and run July through June 30 each year. As a non-profit organization, membership dues are critical to the success of the organization and may be tax deductible.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Strategic Economic Development Corporation (SEDCOR) is a non-profit membership-based economic development organization that drives and showcases economic development for Marion, Polk, and Yamhill Counties of Oregon's Mid-Willamette Valley. It helps established local businesses expand, invest, and grow; assists businesses seeking to relocate or expand in the region with site selection and growth support; and delivers specialized programs spanning construction workforce development, agricultural innovation, regional food and agriculture business support, workforce housing, childcare, and entrepreneurship support for underserved populations.

Product overview

SEDCOR offers a membership-based economic development platform serving Oregon's Mid-Willamette Valley. The core offering is the annual SEDCOR Membership Program, which provides access to networking, resources, and business support services. This is complemented by specialized programs including the Construction Alliance for workforce development, the Northwest Ag Innovation Hub for agricultural technology ecosystem building, the Mid-Willamette Valley RFABC for food and agriculture business assistance, and the Newberg Workforce Housing Consortium for housing solutions. Additional initiatives include Project Oasis (childcare facilities), the Latino Microenterprise Development Program, Launch Mid-Valley entrepreneurship support, Enterprise Zones, and Mill Creek Corporate Center real estate services. The organization also maintains an AgTech Dashboard for data analytics and a Member Directory. The Strategic Economic Development Foundation serves as the educational programming subsidiary focused on underserved populations.

Differentiator

Problem solved

Functional benefit

Brands

• Strategic Economic Development Foundation (SEDF): Subsidiary organization focused on delivering accessible, relevant, responsive programs while fostering value-add partnerships for underserved populations.

Products and services

• SEDCOR Membership Program Annual membership program offering tiered pricing based on FTE employee count (Small: under 25, Mid-sized: 26-100, Large: over 101). Provides businesses with access to networking, resources, member directory, events, Enterprise Magazine, and direct economic development support services. Memberships renew annually from July through June 30.
• Construction Alliance

Quantifiable outcome

• 2.5 additional local jobs created per traded-sector job
• +2 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

17 partnerships are on record, tiered core and minor.

• Missing Middle Housing Fund (MMHF)coreStrategic or Co-development Partner · 1 April 2022MMHF partnered with SEDCOR and the NWHC in late 2022 to develop a strategy for attracting innovative solutions for workforce housing in Newberg. The partnership resulted in the Housing Innovation Village (HIVE) project showcasing missing middle housing models. MMHF is a nonprofit workforce housing innovation fund and incubator.
• Newberg Public SchoolscoreStrategic or Co-development Partner · 1 January 2019Partner in the Newberg Workforce Housing Consortium since 2019. Facing teacher recruitment challenges due to housing shortage, the school district collaborates with SEDCOR and other organizations to address workforce housing needs.
• A-deccoreStrategic or Co-development Partner · 1 January 2019Dental equipment manufacturer and partner in the Newberg Workforce Housing Consortium since 2019, working collaboratively to solve Newberg's workforce housing shortage.
• George Fox UniversitycoreStrategic or Co-development Partner · 1 January 2019Partner in the Newberg Workforce Housing Consortium since 2019, contributing to the collaborative effort to address workforce housing challenges in the Newberg community.
• Providence Newberg Medical CentercoreStrategic or Co-development Partner · 1 January 2019Healthcare provider partner in the Newberg Workforce Housing Consortium since 2019, addressing workforce recruitment challenges due to housing shortages.
• Oregon State Representative Anna ScharfcoreStrategic or Co-development Partner · 1 January 2019Supported the NWHC's legislative funding request which passed both Oregon houses and was signed by Governor Kate Brown in April 2022, allocating $3M in funding for the Newberg workforce housing project.
• Oregon Department of Agriculture (ODA)coreStrategic or Co-development PartnerSEDCOR is the lead entity for the Mid-Willamette Valley Regional Food and Agriculture Business Center (RFABC), a statewide initiative by ODA to provide direct support to farms and agricultural producers. The RFABCs serve as central resources for coordinated business and technical assistance.
• Business OregoncoreStrategic or Co-development PartnerBusiness Oregon partners with SEDCOR through the RFABC initiative as part of the state-wide network of Regional Food and Agriculture Business Centers, providing Trade and Economic Development Services.
• OSU Extension ServicecoreStrategic or Co-development PartnerOSU Extension Service is a key partner in the RFABC initiative, contributing to the statewide network that allows businesses up and down the farm-to-table supply chain to benefit from shared knowledge and technical assistance resources.
• DCIcoreStrategic or Co-development PartnerDCI is a prominent dental equipment manufacturer in Yamhill County, Oregon that partnered with SEDCOR on Project Oasis to address the childcare desert dilemma. The initiative resulted in a 100-slot childcare facility to help with staff retention.
• Willamette Workforce PartnershipcoreStrategic or Co-development PartnerSEDCOR participates on the board of the Willamette Workforce Partnership, contributing to workforce development initiatives in the Mid-Willamette Valley region.
• Energy Trust of OregonminorStrategic or Co-development PartnerNon-profit organization focused on energy efficiency, listed as a partner organization working with SEDCOR to support economic development in the region.
• Oregon Entrepreneurs NetworkminorStrategic or Co-development PartnerOrganization supporting entrepreneurs in Oregon, partner in the regional economic development ecosystem serving the Mid-Willamette Valley.
• Chemeketa Community CollegeminorStrategic or Co-development PartnerCommunity college partner supporting workforce development and educational programming related to business operations in the mid-Willamette Valley.
• Santiam Rebuild CoalitioncoreStrategic or Co-development PartnerCoalition established by SEDCOR Construction Alliance members to bring resources to communities devastated by the 2020 wildfires, including building community centers, ramps, roads, and storage sheds.
• Latino Microenterprise Development Program (LMDP)coreStrategic or Co-development PartnerProgram under the Strategic Economic Development Foundation designed to support Latinx/a/o entrepreneurs at all stages of business development through free training, technical help, and mentorship.
• Launch Mid-ValleycoreStrategic or Co-development PartnerProgram under the Strategic Economic Development Foundation focused on startup support and entrepreneur empowerment in the Mid-Willamette Valley.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Greater Portland Inc: Regional economic development organization for the Portland metro area. Both Greater Portland Inc and SEDCOR are membership-based EDOs focused on business attraction, retention, and expansion within Oregon, sharing the same public-private partnership model and economic development mandate.
• Economic Development for Central Oregon (EDCO): Regional economic development nonprofit serving Central Oregon (Bend/Redmond area). Closely comparable to SEDCOR in structure as a membership-based EDO delivering business support, workforce initiatives, and regional convening for a defined Oregon geography.
• Lane County Economic Development: Economic development function for Lane County, Oregon. Comparable as another Oregon regional EDO pursuing business attraction, expansion support, and workforce development in a defined sub-state geography alongside SEDCOR's Marion/Polk/Yamhill mandate.
• Portland Business Alliance: Regional business membership organization in the Portland metro area. Similar tiered membership model and regional advocacy orientation to SEDCOR, though operating at larger scale and serving a denser urban business base.
• Washington County Chamber of Commerce: Regional chamber and business association serving Washington County, Oregon. Shares SEDCOR's membership dues model and regional business advocacy focus, with comparable programs around workforce development and policy advocacy.
• Oregon Business Council: Statewide business leadership organization in Oregon advocating for economic competitiveness. Comparable to SEDCOR as a business-led convening body working with state agencies on workforce, infrastructure, and economic policy - though at statewide scale.
• Oregon Entrepreneurs Network (OEN): Statewide nonprofit supporting Oregon entrepreneurs and startups. OEN is explicitly listed as a SEDCOR partner and shares a comparable mission of entrepreneur empowerment, though focused on venture-stage founders rather than SEDCOR's broader regional economic development mandate.

Broad incumbents

• International Economic Development Council (IEDC): National professional association for the economic development profession. IEDC is the umbrella industry body whose membership includes SEDCOR-style regional EDOs, making it a broad incumbent in the same professional category rather than a direct competitor.
• Brookings Metropolitan Policy Program: National policy research program studying regional economic competitiveness, workforce, and infrastructure. Operates at much larger scale than SEDCOR and is not membership-based, but addresses overlapping subject matter around regional economic development strategy.

Regional players

• Rogue Valley Economic Development: Regional EDO serving Southern Oregon (Jackson and Josephine Counties). Comparable in structure and mission to SEDCOR as a membership-supported regional EDO pursuing business attraction and expansion, though operating in a distinct Oregon geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/SEDCOR
• LinkedInlinkedin.com/company/SEDCOR

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Strategic Economic Development Corporation