Morgan County Economic Development Corporation

Name

Morgan County Economic Development Corporation

Legal name

Morgan County (CO) Economic Development Corporation

Website

https://morgancountyinfo.com

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Fort Morgan

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, Technology or R&D, Others

Revenue model

1. Investor Memberships: MCEDC generates revenue through a tiered investor program where businesses and organizations pay membership fees to support economic development efforts in exchange for recognition, networking opportunities, and involvement in workforce development initiatives like ROOTS76.
2. Grant Programs: The organization administers grant programs including the Morgan County Diversification Foundation and Rural Jump-Start Zone designation to support local businesses and attract new economic development.
3. Revolving Loan Fund: Provides low-interest loans with flexible terms to support local businesses, entrepreneurs, and community projects. The fund is self-renewing as borrowers repay loans.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

MCEDC recruits, retains, and supports businesses seeking to locate or expand in Morgan County, Colorado, while developing the local workforce through programs like ROOTS76 and the Mobile VR Lab. It administers grant and revolving loan programs (Morgan County Diversification Foundation, Northeastern Colorado Revolving Loan Fund), brokers access to state and federal tax incentives (Opportunity Zones, Enterprise Zone, Rural Jump-Start Zone), and delivers free business counseling via the Colorado SBDC network.

Product overview

Morgan County Economic Development Corporation offers a suite of economic development programs and services rather than a unified software product. The core offerings include ROOTS76 (a workforce development program with a Mobile VR Lab for trade skills training), various loan programs (Northeastern Colorado Revolving Loan Fund, Revolving Loan Fund), the Morgan County Diversification Foundation (grant programs), and Small Business Development Center services. Tax incentive programs include Opportunity Zones, Enterprise Zone (Zone 9), and Rural Jump Start. Workforce programs include Fort Morgan Workforce Center, Colorado Rural Workforce Consortium, and Apprenticeship Colorado. These programs work together to diversify the local economy, stimulate job growth and retention, and support small businesses seeking to locate or expand in Morgan County.

Differentiator

Problem solved

Functional benefit

Brands

• ROOTS76: Workforce development initiative that unites major employers to identify workplace opportunities and develop strategies for attracting direct-to-workforce employees, featuring a Mobile VR Lab for trade skills training.
• Morgan County Diversification Foundation

Products and services

• ROOTS76 Workforce Development Initiative A workforce development initiative that unites major employers to identify workplace opportunities and collaboratively develop strategies for engaging and attracting direct-to-workforce employees; includes the Mobile VR Lab that delivers immersive trade skills training to high school students aged 16-18 in electrical, plumbing, welding, construction, solar, HVAC, facilities maintenance, safety and compliance, residential construction, and appliances.
• Morgan County Diversification Foundation A foundation established to strengthen entrepreneurial development and economic stability by boosting competitiveness and diversity of Morgan County-based businesses through grant programs.
• Northeastern Colorado Revolving Loan Fund (NCRLF)

Quantifiable outcome

• 3.00% unemployment rate in Morgan County
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Twelve partnerships are on record, tiered core partner and supporting partner.

• Fort Morgan Workforce Centercore partnerStrategic or Co-development PartnerCollaboration with Colorado Department of Labor & Employment providing career counseling, training, workshops, job fairs, and grant programs.
• Colorado Small Business Development Center (SBDC)core partnerStrategic or Co-development PartnerNetwork partner providing free business counseling, action plans, and assistance with business plan development, marketing strategy, registration, and financing preparation.
• Brush Area Chamber of Commercecore partnerStrategic or Co-development PartnerEconomic development partner representing Brush business community.
• City of Brushcore partnerStrategic or Co-development PartnerMunicipal partner in economic development activities.
• City of Fort Morgancore partnerStrategic or Co-development PartnerCounty seat municipality, key partner in economic development.
• Colorado Office of Economic Development & International Trade (OEDIT)core partnerStrategic or Co-development PartnerState agency providing business funding and incentives, Rural Jump-Start Zone designation, and economic development resources.
• Fort Morgan Chamber of Commercecore partnerStrategic or Co-development PartnerEconomic development partner representing Fort Morgan business community.
• Morgan County Governmentcore partnerStrategic or Co-development PartnerCounty government partner in economic development initiatives.
• Town of Wigginscore partnerStrategic or Co-development PartnerMunicipal partner in economic development.
• Visit Morgan Countycore partnerStrategic or Co-development PartnerTourism marketing partner promoting Morgan County as a destination.
• Colorado Rural Workforce Consortiumsupporting partnerStrategic or Co-development PartnerConnects job seekers with employers across 51 rural Colorado counties including Morgan County.
• Apprenticeship Coloradosupporting partnerStrategic or Co-development PartnerState program helping workers gain skills and education through on-the-job training.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Others

• Colorado Rural Workforce Consortium: Statewide workforce development network covering 51 rural Colorado counties including Morgan County; adjacent ecosystem partner that overlaps on workforce programs and employer matching.
• Colorado Office of Economic Development & International Trade (OEDIT): State-level economic development agency that funds and partners with MCEDC; provides the Rural Jump-Start, Enterprise Zone, and Opportunity Zone programs MCEDC markets. Overlaps as ecosystem enabler rather than competitor.
• Colorado Small Business Development Center Network (SBDC): Network partner that delivers the small business counseling MCEDC channels; an adjacent enabling organization rather than a direct competitor, but operates overlapping small-business advisory services in Morgan County.

Direct peers

• Pueblo Economic Development Corporation: Non-profit EDC focused on diversifying away from legacy industries (similar to MCEDC's ag-decline narrative) through business recruitment, workforce, and incentive programs in Pueblo, CO.
• Weld County Economic Development, Inc. County-level economic development corporation serving adjacent Weld County, CO. Highly comparable business model: business recruitment, retention, workforce programs, and incentive packaging for a rural/ag-adjacent Colorado region.
• Brighton Economic Development Corporation: Regional Colorado EDC serving a similar Front Range adjacent / rural-transitioning geography with comparable business attraction, site selection, and incentive administration services.
• Adams County Economic Development: Colorado county EDC offering business attraction, retention, and workforce services. Comparable 501(c)(6)-style structure and similar municipal/state partnership approach to economic development in Colorado.

Regional players

• Fort Morgan Area Chamber of Commerce: Local chamber partner of MCEDC; offers overlapping business networking and advocacy functions in the same geography, often collaborating via shared board representation.
• Mesa County Economic Development Partnership: Western Slope Colorado EDC providing business retention, expansion, and workforce development in a rural agricultural region — comparable model targeting diversification and employer attraction.

Broad incumbents

• Greater Colorado Springs Chamber & EDC: Larger Colorado EDC/chamber combining business recruitment, retention, advocacy, and chamber services; overlaps with MCEDC on core functions but operates at metro scale with broader portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/MorganCoEDC
• YouTubeyoutube.com/@MorganCountyEDC
• Facebookfacebook.com/morgancountyinfo
• LinkedInlinkedin.com/company/morgancountyinfo

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Morgan County Economic Development Corporation