Name

Mohawk Valley Economic Development District

Legal name

Mohawk Valley Economic Development District, Inc.

Website

https://mvedd.org

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administration of Urban Planning and Community and Rural Development (92512), Administration of Air and Water Resource and Solid Waste Management Programs (92411), Other Nonhazardous Waste Treatment and Disposal (562219)

SIC

Services-Social Services (8300), Refuse Systems (4953)

akta.pro primary industry

Community Development & Neighborhood Revitalization Housing Programs (FSALAKAO)

akta.pro secondary industries

Infrastructure, Housing & Community Development (BPAGABAL), Brownfield Redevelopment Support (Site Characterization & Reuse Planning) (EUAHAFAJ), Household Hazardous Waste (HHW) Collection & Program Operations (BPALAFAL)

Keywords

• Economic development services
• Revolving loan funds
• Brownfield remediation financing
• Small business lending
• Community development planning

Headquarters

HQ city

Mohawk

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Loan Interest and Fees: MVEDD generates revenue through interest and fees charged on various loan programs including the Small Business Revolving Loan Fund (EDA), Rural Development Loan Fund (USDA), Title IX Loan Fund, and Brownfields Loan Fund (USEPA). These revolving loan funds charge interest at rates tied to prime (minimum 4%) for business loans and 4% fixed for bridge financing.
2. Federal EDA Planning Grant: MVEDD receives federal funding through the U.S. Department of Commerce Economic Development Administration (EDA) for district operations and planning activities. As one of nine EDDs in New York State and one of seventeen EDA revolving loan fund grantees.
3. Local Government Contributions: Operation of the district is funded in part by local government contributions from member counties and municipalities in the Mohawk Valley region.
4. USDA RMAP Program Administration: MVEDD administers the USDA Rural Microentrepreneur Assistance Program (RMAP) which provides workshops, access to capital, and technical support to rural businesses. This program is funded through the US Department of Agriculture Rural Development.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

MVEDD is a non-profit economic development organization serving six counties in New York's Mohawk Valley region. It provides revolving loan funds, brownfield remediation financing, clean energy program administration, and comprehensive community planning services to municipalities, small businesses, and agricultural producers.

Product overview

MVEDD is a non-profit economic development organization offering a portfolio of financial products (revolving loan funds for small businesses, rural development, brownfields cleanup, and bridge financing) and technical assistance programs (clean energy initiatives, community planning, broadband coalition, agricultural support, and community development services). The organization operates as a regional economic development district serving six counties in New York State since 1966, functioning as a lender of last resort and providing infrastructure planning, municipal training, and grant administration services.

Differentiator

Problem solved

Functional benefit

Brands

• CBIT (Center for Businesses in Transition): A program that connects business owners looking to retire or sell with potential buyers and resources for business transitions in the North Country region.
• Agri-Smart Mohawk Valley

Products and services

• Revolving Loan Funds

Quantifiable outcome

• Assisted Village of Morris in securing $4.5MM NY Forward award
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

24 partnerships are on record, tiered major, core and supporting.

• ConnectALL Office (New York State)majorStrategic or Co-development Partner · 1 September 2025MVEDD was awarded $843,357 through ConnectALL's Connectivity Innovation - Mobile Service program for the Butternuts Neutral Host Tower Project. ConnectALL manages over $1 billion in public investments for statewide digital infrastructure.
• Keep America Beautiful (KAB)coreStrategic or Co-development PartnerKeep Mohawk Valley Beautiful (KMVB) is an affiliate in good standing with Keep America Beautiful. KAB provides national recognition through the President's Circle Award program and supports KMVB's environmental initiatives including the Great American Clean-up and Adopt A Spot program.
• Adirondack North Country Association (ANCA)coreStrategic or Co-development PartnerMVEDD serves as an outreach liaison for ANCA's Center for Businesses in Transition (CBIT) program, which addresses business loss by providing matchmaking services with potential buyers, access to planning tools, and connection with existing services for business transitions.
• HRP AssociatessupportingStrategic or Co-development PartnerEngineering and environmental consulting firm that participates in the annual Brownfields Developer Summit as part of the Summit Team, providing expertise on brownfield redevelopment.
• FCCRG (Fallen Cars Car Removal Group)supportingStrategic or Co-development PartnerPartner organization participating in the Brownfields Developer Summit organizing team.
• Utica Industrial Development AgencysupportingStrategic or Co-development PartnerLocal IDA agency participating in the Brownfields Developer Summit organizing team.
• SEEC (Schoharie Economic Enterprise Corporation)supportingStrategic or Co-development PartnerRegional economic development organization serving as a Summit Team partner and KMVB sponsor for 2026.
• Herkimer County IDAsupportingStrategic or Co-development PartnerLocal Industrial Development Agency participating in the Brownfields Developer Summit organizing team.
• MVEDGEsupportingStrategic or Co-development PartnerMohawk Valley Economic Development Growth Enterprise organization participating in Brownfields Developer Summit organizing team. Co-funder of Newport School brownfield cleanup project.
• Montgomery County WorkssupportingStrategic or Co-development PartnerCounty economic development organization participating in the Brownfields Developer Summit organizing team.
• NJIT TAB (Technical Assistance to Brownfields)coreStrategic or Co-development PartnerNew Jersey Institute of Technology Technical Assistance to Brownfields program provides free technical assistance for brownfield redevelopment. Produced the Mohawk Valley Brownfields Handbook and filmed/edited the Alliance of Renewal brownfield story.
• NYSERDA (Clean Energy Communities Program)coreStrategic or Co-development PartnerNew York State Energy Research and Development Authority partners with MVEDD to deliver the Clean Energy Communities Program, which rewards local governments for clean energy leadership through grant funding.
• NYSDEC (Climate Smart Communities)coreStrategic or Co-development PartnerNew York State Department of Environmental Conservation partners with MVEDD on the Climate Smart Communities program, providing technical assistance and certification for municipalities on climate change mitigation and adaptation.
• National GridsupportingStrategic or Co-development PartnerUtility provider offering rebates and incentives for businesses adopting clean energy technologies including LED lighting, heating equipment, and commercial kitchen upgrades. Partner through Agri-Smart program for agricultural customers.
• NYSEGsupportingStrategic or Co-development PartnerUtility provider offering rebates and incentives for businesses adopting clean energy technologies. Partners through Agri-Smart program for agricultural and small business customers.
• NYSBDC (Small Business Development Center)supportingStrategic or Co-development PartnerNew York Small Business Development Center provides confidential business counseling, training, and research at no cost. Listed as a resource on MVEDD's other resources page.
• SBA (Small Business Administration)supportingStrategic or Co-development PartnerU.S. Small Business Administration administers loans, loan guarantees, contracts, and counseling for small businesses. Listed as a resource partner.
• SCOREsupportingStrategic or Co-development PartnerNonprofit organization dedicated to helping small businesses through education and mentorship. Listed as a resource for entrepreneurs.
• NYS Pollution Prevention InstitutesupportingStrategic or Co-development PartnerPartner organization that brings homesteading workshops to the Mohawk Valley community, covering topics like DIY skincare, sustainable living, and environmental consciousness.
• Bank of UticasupportingChannel Partner/ Reseller/ Distributor2026 KMVB sponsor and community partner, described as loyal ambassadors of the Greater Utica area committed to giving back to the community.
• CABVI (Central Association for the Blind and Visually Impaired)supportingStrategic or Co-development PartnerLong-time in-kind sponsor for KMVB, donating garbage bags and gloves for community cleanups. Founded 1929 with mission to assist people who are blind or visually impaired.
• MVCAA (Mohawk Valley Community Action Agency)supportingStrategic or Co-development PartnerCommunity action agency that partnered with MVEDD on the $20,000 Keep America Beautiful Dr. Martin Luther King, Jr Community Improvement Grant to create an interactive garden space.
• Otsego CountymajorStrategic or Co-development PartnerPartner in the Butternuts Neutral Host Tower Project. County-owned E911 tower provides the infrastructure for shared equipment to extend multi-operator mobile service.
• Vernonburg GroupsupportingStrategic or Co-development PartnerTechnical partner in the Butternuts Neutral Host Tower Project, collaborating with MVEDD and Otsego County on the ConnectALL-funded mobile services initiative.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Others

• National Association of Development Organizations (NADO): National membership association representing the 540+ regional development organizations including EDA-designated EDDs. Provides training, advocacy, and peer learning for organizations like MVEDD; not a competitor but a key ecosystem convener for the EDD model.

Broad incumbents

• NYSERDA: New York State Energy Research and Development Authority, the statewide clean energy agency that partners with MVEDD to deliver the Clean Energy Communities Program. Functions as both a funder and program convener, operating at much larger scale than regional EDDs.
• Empire State Development: New York State's principal economic development agency, administrator of NY Forward grants that MVEDD assisted municipalities in securing. Operates at statewide scale with broader mandate and significantly larger budget; provides funding programs that flow through EDDs like MVEDD.
• USDA Rural Development (New York): Federal agency providing Rural Development Loan Fund and RMAP program capital to MVEDD. Functions as both partner and indirect peer in rural business lending and community economic development across rural NY.

Direct peers

• Center for Community Progress: National nonprofit focused on vacant, abandoned, and deteriorated property redevelopment, including brownfields. Highly comparable to MVEDD's brownfields program through shared mission of returning blighted industrial sites to productive reuse.
• Southern Tier Central Regional Planning and Development Board: Another NYS EDD covering Chemung, Schuyler, and Steuben counties. Operates the same EDA planning grant and revolving loan fund model as MVEDD, serving a similar upstate rural/small-city region with comparable economic development programs.
• Herkimer County Industrial Development Agency: County-level IDA that participates as a partner on MVEDD's Brownfields Developer Summit. Operates similar economic development finance functions at a smaller geographic scale (single county) with overlapping industrial redevelopment mission.
• Genesee/Finger Lakes Regional Planning Council: EDA-designated EDD covering Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Wayne, Wyoming, and Yates counties in western NY. Direct peer under the same federal EDD designation framework with parallel revolving loan fund operations.
• Adirondack North Country Association (ANCA): Regional nonprofit serving 14 counties in northern New York, partnered with MVEDD as operator of the Center for Businesses in Transition (CBIT) program. Closely comparable as a regional community/economic development organization with similar grant administration and technical assistance mission.
• Central New York Regional Planning and Development Board: One of the other eight New York State EDA-designated Economic Development Districts, serving Onondaga, Cayuga, Cortland, Madison, and Oswego counties. Most structurally comparable peer given identical federal designation, EDA grant base, and revolving loan fund mandate.

Market position

Strengths4 records

Weaknesses2 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• Xx.com/midcolumbiaedd
• LinkedInlinkedin.com/company/mohawk-valley-economic-development-district-inc.

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 Mohawk Valley Economic Development District