SCHUYLKILL ECONOMIC DEVELOPMENT CORPORATION

Name

SCHUYLKILL ECONOMIC DEVELOPMENT CORPORATION

Legal name

Schuylkill Economic Development Corporation

Website

https://sed-co.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Pottsville

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, Infrastructure, Others

Revenue model

1. Economic Development Services: SEDCO operates as a non-profit economic development corporation providing services to businesses and government entities. As a CEDO (Certified Economic Development Organization), they facilitate state funding and financing programs. Revenue is derived from administering economic development programs, grants, and potentially nominal fees for services related to loan processing and business development assistance.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

SEDCO is a Certified Economic Development Organization (CEDO) that assists businesses with location planning, site assessment, and financing facilitation in Schuylkill County, Pennsylvania. Its core services include packaging and underwriting loan applications for state programs (PIDA, MELF, Small Business First, SBA 504 via NEPA Alliance), coordinating tax abatement (LERTA) and Governor's Action Team incentives, and listing commercial buildings and land within county industrial parks. SEDCO also publishes workforce and demographic data to support employer site selection and expansion decisions.

Product overview

SCHUYLKILL ECONOMIC DEVELOPMENT CORPORATION (SEDCO) is an economic development organization offering a coordinated portfolio of business financing programs and site selection services. The core offerings include PIDA financing (low-interest loans for real estate and equipment), SBA 504 loans (long-term fixed-rate project financing), MELF machinery and equipment loans, and Small Business First fund for flexible small business lending. These financing programs are complemented by commercial real estate services (industrial park sites and available buildings), tax abatement assistance through LERTA, and workforce planning tools providing economic data and reports. The organization serves as a Certified Economic Development Organization (CEDO) facilitating access to state and federal economic development resources including the Governor's Action Team.

Differentiator

Problem solved

Functional benefit

Products and services

• PIDA Financing
• SBA 504 Loan Program
• MELF (Machinery and Equipment Loan Fund)
• Small Business First (SBF) Fund
• Tax Abatement (LERTA) Coordination
• Governor's Action Team Coordination
• Commercial Real Estate Listings (Buildings and Land)

Quantifiable outcome

• Highridge Improvement District generates $363.9 million toward the county's $5.6 billion GDP
• +1 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles2 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.

• Schuylkill County CommissionerscoreStrategic or Co-development PartnerElected county government leadership that works with SEDCO on economic development initiatives. County commissioners provide public funding and policy support for economic development programs.
• Pennsylvania Department of Community and Economic Development (DCED)coreStrategic or Co-development PartnerState agency that sanctions CEDOs and provides funding programs. SEDCO is certified by DCED to act as a conduit for state funding.
• Schuylkill County Municipal Authority (SCMA)coreStrategic or Co-development PartnerProvides water and sewer infrastructure to industrial parks. Essential utility partner for business development sites.
• Schuylkill Chamber of CommerceminorStrategic or Co-development PartnerBusiness membership organization that collaborates on business attraction and networking efforts.
• Schuylkill Regional AirportminorStrategic or Co-development PartnerCounty-owned public-use airport operated by Schuylkill County Airport Authority. Adjacent to Highridge Business Park, serving business aviation needs.
• Schuylkill Conservation DistrictminorStrategic or Co-development PartnerNatural resources conservation organization that may be involved in environmental aspects of development projects.
• Reading Blue Mountain & Northern RailroadminorStrategic or Co-development PartnerRail freight service provider that supports industrial transportation needs in the region.
• Governor's Action TeamcoreStrategic or Co-development PartnerPennsylvania Governor's Action Team works with SEDCO to determine available incentives including grants, low-interest loans, tax credits, and training for businesses.
• Explore SchuylkillminorStrategic or Co-development PartnerTourism promotion organization for Schuylkill County.
• Tamaqua Area Community PartnershipminorStrategic or Co-development PartnerLocal community development organization in Tamaqua area.
• Downtown Shenandoah Inc.minorStrategic or Co-development PartnerLocal economic development organization for the Shenandoah area.
• Schuylkill County Industrial Development Authority (SCIDA)coreStrategic or Co-development PartnerSEDCO's President Frank Zukas serves as Executive Director of SCIDA, which adds capabilities to access state grant programs in support of economic and community development.
• Highridge Improvement District Authority (HIDA)coreStrategic or Co-development PartnerFrank Zukas also serves as Executive Director of HIDA, which manages the Highridge Improvement District - the primary industrial development area generating significant economic impact.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Greater Philadelphia Chamber of Commerce: Regional economic development and chamber organization for the Greater Philadelphia area. Competes indirectly with SEDCO for corporate site selection decisions in eastern PA and provides overlapping workforce and business retention services at broader scale.
• Pennsylvania Department of Community and Economic Development (DCED): The state-level agency that sanctions Certified Economic Development Organizations (CEDOs) like SEDCO and administers PIDA, MELF, LERTA, and the Governor's Action Team. Not a direct competitor but the governing/funder body whose policy decisions shape SEDCO's operating environment.

Direct peers

• York County Economic Alliance: Pennsylvania-based county-level economic development organization that supports business attraction, retention, and workforce development. Comparable operating model to SEDCO with industrial real estate services and state incentive facilitation.
• Lancaster County Economic Development Corporation (LCEDC): Pennsylvania-based county-level economic development organization that competes with SEDCO for industrial and distribution tenants along the I-81 / I-78 corridor. Operates an industrial real estate portfolio, business attraction services, and state incentive facilitation comparable to SEDCO's mandate.
• Lehigh Valley Economic Development Corporation (LVEDC): Pennsylvania-based regional EDC serving Lehigh and Northampton counties. Competes for the same distribution, manufacturing, and logistics tenants as SEDCO using overlapping state programs (PIDA, LERTA) and a larger metropolitan labor pool.
• Greater Reading Chamber of Commerce & Economic Development: Berks County (PA) economic development and chamber organization with overlapping industrial park and business attraction activities. Operates on the same Pennsylvania state incentive framework as SEDCO and competes for distribution/manufacturing tenants in eastern PA.
• NEPA Alliance: Multi-county regional community and economic development agency serving Carbon, Lackawanna, Luzerne, Monroe, Pike, Schuylkill, and Wayne counties. Directly comparable as a Pennsylvania-based EDA that partners with SEDCO on SBA 504 loan financing and operates in overlapping territory.
• Greater Hazleton CANDO, Inc. Economic development organization serving the Greater Hazleton area (Luzerne County), adjacent to Schuylkill County. Directly comparable as a Pennsylvania-based county-level EDC focused on industrial park management, business attraction, and state/federal financing facilitation. SEDCO's Economic Development Manager Mark Minnig previously worked there.

Regional players

• Berks County Industrial Development Authority (BCIDA): Industrial development authority in Berks County, PA that issues tax-exempt financing and supports business attraction/retention. Structurally similar to SEDCO's SCIDA affiliate and overlaps in the PA funding stack, but serves a different (adjacent) county.
• Scranton Chamber of Commerce / Lackawanna County EDC: Economic development organization serving Lackawanna County and the Scranton/Wilkes-Barre metro area. Comparable in mission and scale to SEDCO, operating in adjacent northeastern Pennsylvania geography with overlapping I-81 corridor tenants.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/schuylkill-economic-development-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 SCHUYLKILL ECONOMIC DEVELOPMENT CORPORATION