Sussex County Economic Development Action Committee

What Sussex County Economic Development Action Committee does

Sussex County Economic Development Action Committee (SEDAC) is a 501(c)(3) nonprofit organization founded in 2007 in Millsboro, Delaware, dedicated to advancing the economic development of Sussex County, Delaware. SEDAC operates as a community-led coalition that combines the perspectives and resources of business, government, and education to support existing businesses, foster entrepreneurship, facilitate infrastructure improvements, and nurture a well-trained workforce. The organization functions as a convening body and resource connector, linking businesses and entrepreneurs with financing, coaching, partnership, and market research resources through formal partnerships with the Sussex County Economic Development Office, the University of Delaware Sustainable Coastal Communities Initiative, and Delaware Technical & Community College.

SEDAC's core operations include monthly membership meetings (held on the 4th Friday of each month at Splash Laundromat in Georgetown), publication of annual reports (2020-2025), op-ed columns, and economic development advocacy campaigns. With approximately 95 members and a board of directors comprising local business and government leaders, SEDAC maintains a small organization (1-10 employees) supported by annual membership dues of $100 per member. The organization has no technology products, no software platform, and no proprietary technology — its deliverables are advisory services, community engagement, and resource brokering rather than technology-enabled solutions.

SEDAC's revenue model relies on recurring membership dues and likely 501(c)(3) partnership contributions, with no publicly disclosed funding rounds, grants, or revenue figures. Strategically, the organization is leading a major initiative to establish an Osteopathic Medical School in Sussex County, completing a feasibility study in 2024, representing its most significant recent economic development project. The organization's go-to-market is structured around community outreach, chamber of commerce partnerships (Georgetown, Bethany-Fenwick, Millsboro, Western Sussex, Lewes, Milford, and others), and direct engagement with businesses considering relocation or expansion to Sussex County.

Name

Sussex County Economic Development Action Committee

Legal name

Sussex Economic Development Action Committee, Inc.

Website

https://sedac-de.org

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

SEDAC is a 501(c)(3) nonprofit community coalition founded in 2007 that connects Sussex County, Delaware businesses, entrepreneurs, and government with economic development resources, financing, coaching, and workforce partnerships to support local business retention and attraction.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Business Associations (813910)

SIC

Services-Membership Organizations (8600)

akta.pro industry

PRIMARYBPAIACAN

Economic Development & Business Licensing (Local)

Business & Public Services/Public Sector & Government Administration/Local/Municipal Government Administration

Keywords

• Economic development services
• Business resource coordination
• Workforce development programs
• Small business support
• Community development

Headquarters

HQ city

Millsboro

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

Revenue model

1. Membership Dues: SEDAC generates revenue through annual membership dues of $100/year. The organization has approximately 95 members as of the current events page.
2. 501(c)3 Nonprofit Funding: As a 501(c)3 charitable and educational organization, SEDAC likely receives funding from various sources including partnerships with government agencies and private sector contributions to support their economic development mission.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Sussex County Economic Development Action Committee (SEDAC) is a 501(c)(3) nonprofit economic development organization that connects businesses and entrepreneurs with resources for financing, coaching, and partnership opportunities in Sussex County, Delaware. The organization operates through monthly committee meetings covering infrastructure, marketing, advocacy, membership, land use, healthcare/economic development, and workforce/affordable housing to support local business growth and economic vitality.

Product overview

SEDAC (Sussex Economic Development Action Committee) is an economic development organization, not a technology product company. It does not offer a software product or technology platform. SEDAC provides economic development advisory services, business networking, resource connections, and advocacy for Sussex County, Delaware. Services include facilitating business connections with financial assistance, tax credit programs, market research, coaching, and workforce development resources through partnerships with organizations like Delaware Technical & Community College and the University of Delaware.

Differentiator

Problem solved

Functional benefit

Products and services

• Membership Program Annual membership program for businesses, entrepreneurs, and stakeholders in Sussex County, Delaware at $100 per year, providing access to SEDAC's networking, advocacy, and resource connection services.
• Business Resource Coordination Coordination service that connects Sussex County businesses and entrepreneurs with financing, coaching, mentorship, and partnership resources to support business formation and growth.
• Committee Advocacy Programs Standing committee programs covering infrastructure/aquaculture, marketing, advocacy, land use, healthcare/economic development, and workforce/affordable housing, convening stakeholders monthly to address local economic development priorities.
• Networking and Meeting Events Monthly in-person meetings hosted at the Chamber of Commerce in Georgetown, Delaware, providing networking opportunities for SEDAC members and local business stakeholders.

Quantifiable outcome

• County population growth of 73 percent since 1990
• +3 more outcomes

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered major and core.

• Medical Education Initiative PartnersmajorStrategic or Co-development Partner · 7 May 2024SEDAC is leading an initiative to establish an Osteopathic Medical School in Sussex County, with feasibility studies completed in 2024. This represents a major healthcare and education economic development project.
• University of Delaware Sustainable Coastal Communities InitiativecoreStrategic or Co-development PartnerSEDAC is in partnership with the University of Delaware Sustainable Coastal Communities Initiative, leveraging academic resources and research capabilities for regional economic development planning.
• Sussex County Economic Development OfficecoreStrategic or Co-development PartnerFormal partnership with the Sussex County Economic Development Office, which serves Sussex Countians by improving overall well-being and quality of life through growing incomes and increasing the tax base.
• Delaware Technical & Community CollegecoreStrategic or Co-development PartnerDel Tech partners with local businesses to train a labor pool to meet specialized workforce needs, supporting workforce development initiatives in Sussex County.
• Southern Delaware TourismcoreGTM or Marketing PartnerSEDAC's Chair serves as ED for Southern Delaware Tourism, aligning tourism promotion with broader economic development goals for the region.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Sussex County Economic Development Office: The county government's official economic development office. SEDAC is a formal partner of this office and shares overlapping scope (business attraction, retention, expansion) for Sussex County, making it the closest functional peer.
• Georgetown Chamber of Commerce: Local chamber of commerce whose President/CEO is SEDAC's Secretary. Operates a similar membership-based, local-business-advocacy model within Sussex County and partners directly with SEDAC.
• Bethany-Fenwick Area Chamber of Commerce: Local chamber serving Sussex County's coastal resort area. Listed as one of SEDAC's chamber partners; comparable membership-based, community-economic-development mission within the same geography.
• Southern Delaware Tourism: Sussex County's destination marketing organization. Shares leadership overlap with SEDAC (the SEDAC Chair is also ED of Southern Delaware Tourism) and is a formal partner, focusing on tourism-driven economic development in the same region.

Broad incumbents

• Delaware Economic Development Office: State-level economic development agency for Delaware. Covers the same mission of business attraction and retention as SEDAC but at the state level, with overlapping stakeholders and incentives.
• Greater Wilmington Chamber of Commerce: Regional chamber serving the broader Delaware business community. Comparable membership and economic development advocacy role, but at a larger geographic and organizational scale than SEDAC.
• Choose Delaware: State-led business attraction platform for Delaware. Promotes the same low-tax, business-friendly message SEDAC uses, and serves a directly comparable audience of relocating and expanding companies.

Regional players

• Maryland Department of Commerce (Maryland Business & Economic Development): State economic development counterpart across the Delaware border. Pursues the same business attraction/retention mission for Maryland counties adjacent to Sussex County, often competing for the same East Coast relocation projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/SEDAC_DE
• Facebookfacebook.com/sussexcountyde.sedac

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

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 Sussex County Economic Development Action Committee