Adams County Economic Development
Adams County Economic Development Corporation is a 501(c)(4) non-profit founded in 1988 in Decatur, Indiana that delivers business financing (RLF loans up to $250K, micro-grants/loans), site selection, workforce training, tourism, and government-liaison services to businesses, job seekers, homebuyers, and municipalities across Adams County.
- Company typePrivate
- Founded1988
- HeadquartersDecatur, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Adams County Economic Development does
Adams County Economic Development Corporation (ACEDC) is a 501(c)(4) non-profit economic development organization founded in 1988 and headquartered in Decatur, Indiana. The organization serves Adams County's 35,000+ residents across four main communities (Decatur, Monroe, Berne, Geneva) and operates with a lean staff of two paid employees (President/CEO and Office Manager) supported by a 20+ member volunteer Board of Directors drawn from local government, banking, education, healthcare, and major employers. Its mission is to cultivate a strong economic future for Adams County residents and businesses through business attraction, retention and expansion, workforce development, and quality-of-life initiatives.
ACEDC delivers its services through a portfolio of interconnected programs and advisory offerings rather than technology products. Core financial programs include a Revolving Loan Fund (RLF) offering gap financing up to $250,000 with terms up to 10 years, a Small Business Grant and Loan Program (grants up to $1,000 and loans up to $5,000 for businesses with under 50 employees), and the Hoosier Homes down payment assistance program (up to 5%) delivered in partnership with Club 720. Complementary services include site selection assistance, government liaison support for navigating incentives/tax credits/grants, workforce training coordination via the M.E.R.I.T Center (a one-stop industry training, adult education, career/STEAM facility at 1109 N Dayton Street), a Tourism Initiative, and the Founders Room & Lounge 88' coworking facility.
The business model is non-profit: ACEDC is funded through member contributions, donations, grants from entities such as Early Learning Indiana, county/municipal appropriations, and program-related fees. Pricing on its financial products is structured as public-purpose financing (collateralized gap loans, first-come-first-served micro-grants, and down payment assistance) rather than market-rate commercial lending. Distribution is conducted via direct in-person consultation, a self-serve website (adamscountyedc.com) launched with refreshed branding in 2022, organic social media, and referral partnerships with mayors, business leaders, and regional agencies including the Northeast Indiana Regional Development Authority, WorkOne Northeast, the Indiana SBDC, and utility providers (Indiana Michigan Power, NIPSCO, Wabash Valley Power).
Adams County Economic Development firmographics
Firmographics- Name
- Adams County Economic Development
- Legal name
- Adams County Economic Development Corporation
- Website
- https://adamscountyedc.com
- Company type
- Private
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Adams County Economic Development Corporation is a 501(c)(4) non-profit founded in 1988 in Decatur, Indiana that delivers business financing (RLF loans up to $250K, micro-grants/loans), site selection, workforce training, tourism, and government-liaison services to businesses, job seekers, homebuyers, and municipalities across Adams County.
- Ownership category
- akta.pro rank
Adams County Economic Development industry classification
Industry- Product category
- Economic Development Services
- NAICS
- Business, Professional, Labor, Political, and Similar Organizations (8139)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Economic Development & Business Licensing (Local) (BPAIACAN)
- akta.pro secondary industries
- Public Workforce Development Programs (WIOA/One-Stop Career Centers) (EDAAAOAA), Career Exploration & Labor Market Readiness (EDAAAKAA), Rural, Tribal & Special-Population Housing Programs (FSALAKAL)
Keywords
Where Adams County Economic Development is headquartered
LocationHeadquarters
- HQ city
- Decatur
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Adams County Economic Development business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- 501(c)(4) Not-for-Profit Operations: As a 501(c)(4) not-for-profit corporation established in 1988, ACEDC operates through member contributions, donations, grants, and program fees. The organization receives funding from Adams County, municipalities, and private partners to support economic development activities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Revolving Loan Fund (RLF) - up to $250,000 |
| Other | Pay-as-you-go | Small Business Grant - up to $1,000 |
| Other | Pay-as-you-go | Small Business Loan - up to $5,000 |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Adams County Economic Development product offering
Product offeringCore offering
Adams County Economic Development Corporation (ACEDC) is a 501(c)(4) non-profit economic development organization that delivers business attraction, retention, and expansion services across Adams County, Indiana. Its portfolio includes gap financing via a Revolving Loan Fund (up to $250,000), a Small Business Grant & Loan Program (up to $5,000), site selection assistance, incentives and tax credit navigation, workforce training coordination through the M.E.R.I.T Center, the Hoosier Homes down payment assistance program, the Founders Room & Lounge 88' coworking space, and a Tourism Initiative promoting local attractions and events.
Product overview
Adams County Economic Development Corporation (ACEDC) is a non-profit economic development organization (501c4) serving Adams County, Indiana since 1988. The organization provides a portfolio of interconnected programs and services including the RLF Loan Program (gap financing up to $250,000), Small Business Grant & Loan Program (grants up to $1,000, loans up to $5,000), Hoosier Homes down payment assistance program, and the Founders Room & Lounge 88' coworking space. ACEDC also offers site selection assistance, government liaison services, workforce training support through the MERIT Center, and a Tourism Initiative. The organization partners with local, regional, and state agencies to support business retention, expansion, attraction, talent development, and quality of life initiatives across the municipalities of Decatur, Monroe, Berne, and Geneva in Adams County.
Differentiator
Problem solved
Functional benefit
Products and services
- RLF Loan Program (Revolving Loan Fund) Gap financing tool supporting new and existing Adams County businesses with loan terms up to 10 years, maximum $250,000, and low-interest rates for acquiring land, building, expansion/remodeling, equipment purchase, and working capital. Collateral is required.
- Small Business Grant & Loan Program Program providing grants up to $1,000 and loans up to $5,000 for Adams County small businesses with fewer than 50 employees, intended for equipment, construction, physical marketing, and personal development. Operates on a first-come, first-served basis.
- Hoosier Homes Program Down payment assistance program in partnership with Club 720 providing up to 5% of down payment and closing costs for eligible homebuyers (credit score 620+, income at or below $115,780, property in Adams County).
- Founders Room & Lounge 88' State-of-the-art coworking workspace offering flexible workstations, professional meeting rooms, high-speed fiber internet, large training and event space, and business support resources for entrepreneurs, small businesses, remote workers, and nonprofits.
- Site Selection Assistance Advisory service helping businesses locate existing buildings or undeveloped sites within Adams County for relocation or expansion, including demographic and utilities information.
- Government Liaison Services Government liaison services that use long-standing relationships at all levels of government to help businesses navigate incentives, tax credits, and grants.
- Training Opportunities & M.E.R.I.T Center Training support delivered through partnerships with local and regional agencies, including the M.E.R.I.T Center (a one-stop service center for industry training, adult education, career/STEAM training, and community resources) and Area 18 career and technical education.
- Tourism Initiative Tourism initiative promoting Adams County attractions, events, and unique offerings including the Limberlost State Historic Site, Pine Lake, Swiss Days festival, and Downtown Decatur Days through marketing campaigns and local business collaborations.
Companies that use Adams County Economic Development
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Adams County Economic Development technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Adams County Economic Development partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core and minor.
- Reusser DesigncoreBranding partner responsible for new logo design and brand personality development, as well as website development for ACEDC's 2022 brand initiative.
- Club 720coreHousing partnership for Hoosier Homes homebuyer assistance program. Club 720 serves as link between housing production pipeline and ready buyers, connecting homebuyers with realtors, banks, and builders.
- Housing Resource HubcoreEngaged to create and implement workforce-driven Housing Strategy using the Housing Optimization Market Empowerment (H.O.M.E.) Method framework.
- The Kings Kingdom ChildcareminorLocal childcare provider partnering with ACEDC to expand services at M.E.R.I.T Center, creating 58 additional childcare seats.
- Adams Wells Manufacturing AlliancecoreCoalition focused on educating students about skilled trade careers. Joint Signature Day events celebrating students entering manufacturing careers. Partnership with ACEDC and Wells County EDC.
- Imagine EarlycoreEarly childhood education coalition of Adams and Wells counties. ACEDC Executive Director serves as board president. Coalition works to increase capacity and quality of early childhood care.
- POWERHOME SOLARminorSolar energy company opening installation office in Decatur, creating up to 100 jobs. Supported by ACEDC and City of Decatur.
- Indiana Michigan Power (AEP)minorElectric utility provider partner listed on ACEDC website partners page.
- NIPSCOminorNatural gas utility provider partner listed on ACEDC website partners page.
- Adams HospitalminorHealthcare partner listed on ACEDC website partners page.
- BCA Fort WayneminorRegional partner organization listed on ACEDC website partners page.
- NEI/NWorksminorRegional development partner listed on ACEDC website partners page.
- NEIRPminorNortheast Indiana Regional Partnership listed on ACEDC website partners page.
- Wabash Valley PowerminorUtility partner listed on ACEDC website partners page.
- Watermark/ZacherminorRegional partner listed on ACEDC website partners page.
- WorkOne NortheastminorRegional workforce agency connecting with state/federal agencies offering grants and incentives for workforce training.
- Indiana Small Business Development Center (SBDC)minorNortheast Indiana SBDC enhances economic development by assisting new and existing small businesses. Funded by SBA, State of Indiana, and Purdue University Fort Wayne.
- Community Development Corporation of Northeast IndianaminorCDC promotes growth of small commercial and industrial businesses in Indiana through creative loan programs.
- Northeast Indiana Regional Development AuthoritycoreRDA consists of 11 Northeast Indiana counties including Adams. Oversees regional economic development initiatives including READI Program applications.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Adams County Economic Development competitors and assessment
Company assessmentRegional players
- Greater Fort Wayne Inc. Regional chamber and economic development organization serving the greater Fort Wayne area of Northeast Indiana. Operates in the same labor shed as ACEDC but at larger scale with broader programming.
Broad incumbents
- Indiana Economic Development Corporation (IEDC): State-level economic development agency that partners with and provides funding to county-level EDCs including ACEDC. Operates at statewide scale offering tax credits, grants, and incentives that ACEDC routes to local businesses.
- Indiana Small Business Development Center (ISBDC): Statewide network providing small business advising and support, with a Northeast Indiana affiliate that partners directly with ACEDC. Overlapping service offering in business assistance and gap financing referrals.
- Indiana State Chamber of Commerce: Statewide business advocacy organization that supports Indiana businesses and workforce development. Broader in scope than ACEDC but operates in overlapping policy and advocacy spaces around economic competitiveness.
Emerging players
- Housing Resource Hub: Housing strategy consultancy engaged by ACEDC to implement the H.O.M.E. Method framework for workforce housing. Specialized in the housing optimization space where ACEDC is building new programming capacity.
Direct peers
- Northeast Indiana Works (NEI/NWorks): Regional workforce development board covering Adams County and surrounding counties. Provides workforce training and career services that directly complement ACEDC's MERIT Center and workforce development programs.
- Community Development Corporation of Northeast Indiana: Regional CDC that provides creative loan programs for small commercial and industrial businesses in Northeast Indiana. Directly comparable in mission and financing tools to ACEDC's RLF program.
- Wells County Economic Development Corporation: Adjacent Indiana county EDC that co-manages the Adams Wells Manufacturing Alliance with ACEDC. Same state, same sector, similar scale, and direct operational partnership on workforce initiatives.
- Northeast Indiana Regional Partnership (NEIRP): Regional partnership of which Adams County is a member, coordinating economic development across 11 Northeast Indiana counties including Adams. Operates as a regional peer with overlapping constituent base and shared project pipeline.
- WorkOne Northeast Indiana: American Job Center network affiliate that provides workforce services, training referrals, and connects with state/federal agencies offering grants and incentives. Direct service overlap with ACEDC's workforce and career training programs.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Adams County Economic Development social profiles
Digital presenceAdams County Economic Development financial estimates
Financial estimateRevenue estimate
Valuation estimate
Adams County Economic Development leadership team
Management profileNumber of profiles
Profiles2 records
Adams County Economic Development funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Adams County Economic Development M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Adams County Economic Development
What does Adams County Economic Development do?
Adams County Economic Development Corporation (ACEDC) is a 501(c)(4) non-profit economic development organization that delivers business attraction, retention, and expansion services across Adams County, Indiana. Its portfolio includes gap financing via a Revolving Loan Fund (up to $250,000), a Small Business Grant & Loan Program (up to $5,000), site selection assistance, incentives and tax credit navigation, workforce training coordination through the M.E.R.I.T Center, the Hoosier Homes down payment assistance program, the Founders Room & Lounge 88' coworking space, and a Tourism Initiative promoting local attractions and events.
Is Adams County Economic Development a public or private company?
Adams County Economic Development is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Adams County Economic Development founded?
Adams County Economic Development was founded in 1988. It employs 1 to 10 people.
Where is Adams County Economic Development based?
Adams County Economic Development is headquartered in Decatur, United States, in the North America region.
How does Adams County Economic Development make money?
One revenue line is on record: 501(c)(4) Not-for-Profit Operations.
Who are Adams County Economic Development's main competitors?
Greater Fort Wayne Inc. is listed as a regional player. Broad incumbents are Indiana Economic Development Corporation (IEDC), Indiana Small Business Development Center (ISBDC) and Indiana State Chamber of Commerce. Housing Resource Hub is listed as an emerging player. Direct peers are Northeast Indiana Works (NEI/NWorks), Community Development Corporation of Northeast Indiana, Wells County Economic Development Corporation, Northeast Indiana Regional Partnership (NEIRP) and WorkOne Northeast Indiana.
Does Adams County Economic Development have an API?
No public API is recorded for Adams County Economic Development.
What industry is Adams County Economic Development in?
Adams County Economic Development's product category is Economic Development Services. Its primary akta.pro industry code is BPAIACAN, Economic Development & Business Licensing (Local), with a secondary code of EDAAAOAA, Public Workforce Development Programs (WIOA/One-Stop Career Centers). Its NAICS code is 8139 and its SIC code is 8600.