Steuben County Economic Development Corporation

What Steuben County Economic Development Corporation does

The Steuben County Economic Development Corporation (SCEDC) is a private non-profit economic development organization founded in 2003 and headquartered at 903 S Wayne Street, Suite 100, Angola, Indiana. The organization drives economic growth across Steuben County by attracting new investment, supporting existing business retention and expansion, advancing workforce development, and running entrepreneurship programs that serve manufacturers, logistics operators, food processors, technology firms, and early-stage entrepreneurs. SCEDC operates through a portfolio of services rather than a single product: site-selection advisory, incentive negotiation, the CoWork Steuben coworking facility (with media studio, monthly access from $50), the Business and Entrepreneurship Launch Tool (BELT) 10-week accelerator, Leadership Skills for Success workforce training, Revolving Loan Funds, the Angola Investment Fund, and recurring events including the annual Invest Steuben and Made In Steuben gatherings. Underlying infrastructure includes a comprehensive website with a Universal Report Maker for custom site-selection reports, a business directory, and curated county labor market and demographic intelligence.

Revenue is generated through five tiered investor membership categories (Community Influencers, Developers, Planners, Marketers, and Supporters), coworking subscription fees, interest from revolving loan funds, and event sponsorship. Go-to-market is sales-led and direct, with SCEDC engaging site selectors, corporate real estate teams, and business decision-makers evaluating location options, augmented by digital channels (website, YouTube, LinkedIn, Facebook, Instagram) and an Economic Development 101 podcast. The organization's strategic value proposition rests on Steuben County's location at the intersection of I-69 and I-80/90, providing access to 70% of the U.S. population within an overnight drive and a regional laborshed of 339,866 workers. In August 2025, SCEDC earned AEDO accreditation from the International Economic Development Council, joining only 110 such organizations across North America.

Name

Steuben County Economic Development Corporation

Legal name

Steuben County Economic Development Corporation

Website

https://steubenedc.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

Steuben County Economic Development Corporation is a private non-profit that drives economic growth in Steuben County, Indiana through business attraction, retention and expansion, workforce development, coworking, accelerator programming, and revolving loan funds serving employers, investors, and entrepreneurs.

Ownership category

akta.pro rank

Headquarters

HQ city

Angola

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Membership/Investor Contributions: The organization operates with investor memberships, offering different tiers including Community Influencers, Community Developers, Community Planners, Community Marketers, and Community Supporters. These membership contributions support the organization's economic development activities.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels10 records

Core offering

The Steuben County Economic Development Corporation (SCEDC) is a private non-profit organization that drives economic growth in Steuben County, Indiana by attracting new businesses, supporting retention and expansion of existing employers, and developing the regional workforce. Its core services include site selection assistance, incentive negotiation, permitting support, business accelerator programs, coworking facilities, and revolving loan funds for entrepreneurs.

Product overview

The Steuben County Economic Development Corporation (SCEDC) offers a portfolio of economic development services rather than a traditional software product. The core offerings include CoWork Steuben (a coworking space with media studio), the Business and Entrepreneurship Launch Tool (BELT) 10-week accelerator program, Leadership Skills for Success workforce training, Invest Steuben and Made In Steuben annual events, Revolving Loan Funds for business financing, and the AEDO-accredited economic development framework. The organization also provides a Universal Report Maker tool for generating custom reports from website data.

Differentiator

Problem solved

Functional benefit

Products and services

• CoWork Steuben

Quantifiable outcome

• County population increased by 690 residents since 2020, reaching 35,131 in 2024
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Indiana Economic Development Corporation (IEDC)coreStrategic or Co-development PartnerState-level economic development partner providing workforce development resources, training programs, employer grants, and regional workforce partnerships. The IEDC serves as the primary state resource for business support and talent initiatives.
• Northeast Indiana Regional PartnershipcoreStrategic or Co-development PartnerRegional partnership coordinating economic development efforts across northeast Indiana counties, supporting regional marketing and business attraction initiatives.
• Northeast Indiana WorkscoreStrategic or Co-development PartnerWorkforce development organization providing services to workers seeking skill improvement and employers filling positions with qualified talent.
• Trine UniversitycoreStrategic or Co-development PartnerRegional university with Innovation One center supporting business incubation, research, internships, and workforce pipeline development for Steuben County employers.
• Northeast Indiana Innovation CenterminorStrategic or Co-development PartnerInnovation center supporting startups and entrepreneurs in the northeast Indiana region through incubation and acceleration services.
• Indiana Small Business Development CenterminorStrategic or Co-development PartnerState resource providing business development support, counseling, and training for small businesses and entrepreneurs.
• Angola Area Chamber of CommercecoreChannel Partner/ Reseller/ DistributorLocal chamber representing business community in Angola, providing networking and advocacy services for member businesses.
• Steuben County Tourism BureauminorChannel Partner/ Reseller/ DistributorTourism marketing organization promoting Steuben County's 101 lakes and recreational assets to visitors and potential residents.
• Steuben County Community FoundationminorChannel Partner/ Reseller/ DistributorCommunity foundation supporting local quality of life initiatives and economic development projects in partnership with the EDC.
• Steuben County Industrial GuildcoreStrategic or Co-development Partner501(c)(6) organization existing for over 20 years providing awareness to the industrial community on compliance and regulatory issues through workshops, seminars, and industry networking.
• Local School DistrictscoreStrategic or Co-development PartnerPartnerships with Prairie Heights, Fremont Community Schools, MSD of Steuben County, and Hamilton Community Schools for workforce pipeline development from middle school through high school.
• Purdue Manufacturing Extension PartnershipminorStrategic or Co-development PartnerState resource providing manufacturing expertise, process improvement, and technical assistance to manufacturing companies.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Indiana Economic Development Corporation (IEDC): State-level economic development entity providing workforce grants, incentive programs, and lead generation to county EDOs including SCEDC. Operates one tier above SCEDC with broader portfolio scope and resources.
• Michigan Economic Development Corporation (MEDC): Michigan's state-level business development arm, directly relevant as a neighboring competitor for cross-border investment given that 48% of Walters Lake's projected gaming revenue comes from Michigan residents.
• JobsOhio: Ohio's private economic development corporation performing the same site-selection, business-attraction, and workforce-development mission across multiple counties. A useful broad incumbent comparable given its similar investor-funded, state-wide scope.

Direct peers

• Angola Area Chamber of Commerce: Local chamber of commerce serving Angola and Steuben County businesses, operating as a formal channel partner of SCEDC. Comparable membership-based structure serving the same local business community.
• Greater Fort Wayne Inc. Regional chamber and economic development organization serving the Fort Wayne area, which shares SCEDC's laborshed and competes for the same investment projects. Operates at a larger scale but executes the same site-selection and business-retention playbook.
• Northeast Indiana Works: Regional workforce development board providing talent matching and employer services to employers in the same northeast Indiana footprint as SCEDC. Closely aligned mission around labor pipelines and employer engagement.
• Northeast Indiana Regional Partnership: Regional economic development partnership coordinating business attraction and marketing across northeast Indiana counties, including Steuben. SCEDC is a formal partner, making this the most directly comparable peer in mission and geography.

Regional players

• Indiana Small Business Development Center (ISBDC): Statewide small business counseling and training network providing entrepreneur support that complements SCEDC's BELT accelerator and CoWork Steuben offerings. Operates across Indiana rather than a single county.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@SteubenCountyEDC
• Facebookfacebook.com/SteubenEDC
• LinkedInlinkedin.com/company/steuben-county-economic-development-corporation
• Instagraminstagram.com/steubencountyedc

Compliance2 records

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 Steuben County Economic Development Corporation