REDMOND ECONOMIC DEVELOPMENT CORPORATION

What REDMOND ECONOMIC DEVELOPMENT CORPORATION does

Redmond Economic Development, Inc. (REDI) is a non-profit economic development corporation founded in 1987 and headquartered at 411 SW 9th St., Ste. 203 in Redmond, Oregon. The organization operates as the formally designated economic development hub for Redmond and a regional node within EDCO (Economic Development for Central Oregon), working alongside the City of Redmond, Deschutes County, COCC, and the Redmond Chamber of Commerce. Its functional remit covers business recruitment, retention and expansion, site selection, incentive and grant navigation, workforce development coordination, and investor relations for the Redmond/Central Oregon market.

REDI is not a technology company and does not sell software products or APIs. Its "products" are economic-development services — single-point-of-contact deal facilitation, the Made In Redmond Tour, the Annual Luncheon, the Annual Investor Social, News & Brews networking, and a quarterly newsletter — together with public-facing research on Redmond's economic indicators (employment, wages, capital investment by sector). The only digital asset disclosed is a WCAG 2.1 Level AA-compliant website; there are no proprietary data platforms, ML models, or data flywheels.

The revenue model combines tiered investor memberships (Bronze $250/yr, Silver $500/yr, Gold $1,000/yr, Platinum $2,500/yr, Emerald $5,000/yr, Diamond $7,500/yr) with undisclosed public-sector contributions from the City of Redmond and other government partners. Members receive event access, logo recognition, newsletter placement, reserved seating, and sponsorship first-rights. The go-to-market is direct, regionally scoped, and relationship-driven — REDI engages prospects and incumbents through a 3-person staff (Director Steve Curley, Marketing/Events & Community Relations Mary Knight, Administrative Coordinator Jessica Nicewonger) backed by a private/public board that includes representatives of BasX Solutions, Pacific Power, Hayden Homes, Medline ReNewal, Deschutes County, and the City of Redmond.

Name

REDMOND ECONOMIC DEVELOPMENT CORPORATION

Legal name

Redmond Economic Development, Inc.

Website

https://rediinfo.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

1–10 employees

Short description

Redmond Economic Development, Inc. (REDI) is a 1987-founded non-profit economic development corporation serving Redmond, Oregon, providing business recruitment, retention, expansion, site selection, and workforce development services to manufacturers, food and beverage firms, and other industries in the Central Oregon region.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Scientific Research and Development Services (5417)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Economic Growth, Livelihoods & Private Sector Development (BPADAEAE)

Keywords

• Economic development services
• Business recruitment support
• Site selection assistance
• Workforce development coordination
• Incentive and grant navigation

Headquarters

HQ city

Redmond

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. Investor Memberships: REDI is funded by public and private sectors. Local businesses, individuals, and the City of Redmond pledge financial support through membership tiers (Bronze $250/yr, Silver $500/yr, Gold $1,000/yr, Platinum $2,500/yr, Emerald $5,000/yr, Diamond $7,500/yr). Membership benefits include window clings, event discounts, logo recognition, reserved seats, featured social media posts, and sponsorship优先权.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Redmond Economic Development, Inc. (REDI) is a non-profit economic development organization that supports business recruitment, retention, expansion, financing, and research for the Redmond, Oregon area. It serves as a single point of contact providing site location assistance, incentive and grant navigation, workforce development coordination, networking events, and promotional visibility for companies considering starting, expanding, or relocating to Redmond. The organization is funded by tiered investor memberships from local businesses, individuals, and the City of Redmond.

Product overview

Redmond Economic Development, Inc. (REDI) is an economic development organization, not a product company. It provides economic development services including business recruitment, retention and expansion support, workforce development, site selection assistance, and community networking events for the Redmond, Oregon region. REDI does not offer software products or technology platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Recruitment and Expansion Support
• Investor Membership Program
• Workforce Development Coordination
• Non-Traditional Lending Referrals
• Thrive Award Program

Quantifiable outcome

• 97% increase in manufacturing jobs from 2014 to 2024
• +2 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core and minor.

• City of RedmondcoreStrategic or Co-development Partner · 1 January 2018REDI worked alongside City of Redmond leadership to help Medline ReNewal find an ideal location for its new 50,000 sq ft facility in Desert Rise Industrial Park. City staff described as accommodating, welcoming, and professional.
• Economic Development for Central Oregon (EDCO)coreStrategic or Co-development PartnerEDCO Executive Director Roger Lee connected SnoTemp with Redmond as an alternative to Bend. EDCO serves as regional economic development partner across Central Oregon.
• Central Oregon Community College (COCC)coreStrategic or Co-development PartnerCOCC's Center for Business, Industry, and Professional Development (CBIPD) provides workforce development programs, small business advising, and training. REDI works with COCC to support local workforce needs and business growth.
• Redmond Chamber of Commerce & CVBcoreStrategic or Co-development PartnerEmerald-level REDI investor. Director Eric Sande serves as Ex-Officio on REDI Board.
• Pacific Crest Bus LinesminorChannel Partner/ Reseller/ DistributorTransportation sponsor for Made In Redmond Tour, providing bus service for nearly 100 attendees.
• Deschutes CountycoreStrategic or Co-development PartnerCommissioner Tony DeBone serves on REDI Board. County investing in public projects including $500 million over 2-3 years.
• City of RedmondcoreStrategic or Co-development PartnerCity Manager Keith Witcosky serves on REDI Board. City is major investor in infrastructure and economic development.
• COIC (Central Oregon Intergovernmental Council)minorStrategic or Co-development PartnerNon-traditional lender providing flexibility and partnerships with traditional banks to support businesses.
• Craft3minorStrategic or Co-development PartnerNon-traditional lender providing alternative financing options for businesses unable to secure traditional loans.
• Nosler Inc.coreStrategic or Co-development PartnerExpanding with 78,000-80,000 sq ft facility bringing 150 jobs. Cited ease of doing business with Redmond and REDI support.
• SnoTemp Cold StorageminorStrategic or Co-development PartnerEugene-based cold storage building 40,000 sq ft facility in Redmond. Cited REDI Senior Manager Jon Stark for connecting all the dots.
• Oregon's Wild HarvestminorStrategic or Co-development PartnerRelocated from Sandy to Redmond in 2014, now operating in 47,000 sq ft facility on 5 acres.
• Kobold BrewingminorStrategic or Co-development PartnerBend-based brewery launching taproom in Redmond and building new 2,000 barrel/year production facility.

Scale indicators21 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Business Oregon: The state's economic development agency providing infrastructure financing, business retention, and recruitment support. Comparable in mission (private-sector development, workforce, incentives) but statewide and government-administered rather than locally member-funded.
• Greater Portland Inc: Public-private economic development organization for the Portland metro region. Operates a similar investor-membership model, conducts business recruitment and retention, and serves as the regional single point of contact for prospective employers — analogous role at a larger geographic and economic scale.
• Portland Metro: Regional planning and economic development body serving the Portland metro area. Comparable in coordinating land use, infrastructure investment, and economic strategy with member jurisdictions, though at a larger scale and with a different governance structure.

Direct peers

• Redmond Chamber of Commerce & CVB: Local business chamber serving Redmond businesses and visitors. REDI explicitly lists the Chamber as an Emerald-level investor with the Chamber Director serving as Ex-Officio on REDI's Board, indicating closely aligned local economic and community development mandates.
• Economic Development for Central Oregon (EDCO): Regional economic development partner that REDI directly collaborates with; EDCO serves as the regional EDO across Central Oregon while REDI focuses on Redmond. Both operate on investor memberships, public-private funding, and business recruitment/expansion mandates, making them the closest peer.
• City of Redmond (Economic Development functions): The municipal government whose economic development programs REDI supplements. City Manager Keith Witcosky sits on REDI's Board, and the City is both a major investor and a direct economic development actor, making it a closely aligned peer even though it operates from a government mandate rather than a non-profit one.

Others

• International Economic Development Council (IEDC): Professional association for economic developers globally, providing training, certification, and best-practice sharing. Comparable as the broader professional/institutional ecosystem in which REDI operates, though it serves economic developers rather than running site-selection programs itself.
• Oregon Business Council: Statewide business leadership organization supporting economic development policy advocacy. Related to REDI's role in convening private-sector leaders and government around growth initiatives, though operating at a policy/statewide level rather than site-selection level.

Regional players

• Bend Economic Development Advisory Board: Local economic development body for Bend, Oregon, the largest city in Central Oregon and a direct geographic neighbor to Redmond. Comparable local economic development mandate, though Bend's larger scale and independent resources make it a peer rather than direct competitor.
• Prineville Economic Development: Economic development body for Prineville, another Central Oregon city competing for the same prospective employers REDI recruits. Similar rural-Central-Oregon economic development mission, though Prineville is smaller and more focused on data center/tech recruitment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/redmond-economic-development-inc-redi

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 REDMOND ECONOMIC DEVELOPMENT CORPORATION