Partners in Economic Development

We are very grateful for the opportunities we have had to assist businesses and fulfill our role in our region. Many partners have helped us, through grants and donations, to strengthen employment in Strafford County. We at Southeast Economic Development Corporation wish to thank all who support our organization and ensure that we will be able to continue our services to the community in the future.

Citizens Bank has been a consistent and much appreciated partner throughout SEDC’s eleven years.  Citizens donated office space and furniture when SEDC was starting up.   Several times, Citizens has awarded SEDC with Technical Assistance grants to provide services to area businesses struggling towards creditworthiness.  The goal of this program has been to strengthen those companies and ensure employment opportunities for many people in New Hampshire.

Turbocam, Inc. specializes in turbomachinery applications, with a core competency in 5-axis milling. This is a company that is a supplier of choice to major aerospace and industrial turbomachinery projects, and also develops and sells specialized software for 5-axis machining. Turbocam, Inc. supported us through the purchase of tax-credits. The company is one of our clients as well.

Janco Electronics, Inc. offers a wide range of contract manufacturing services in the areas of PCB and electro-mechanical assembly, box build and system integration. The company supported SEDC through the purchase of tax-credits.

Cat Doctor of Dover is a veterinarian hospital specializing in the treatment of cats. The hospital supported Southeast Economic Development Corporation through the purchase of tax-credits for multiple years.  Cat Doctor is also a customer of SEDC.
 

Favorite Foods, Inc. is a specialty food service provider which provides quality products, superior service and innovative solutions to a select group of customers, and strives to make a significant contribution to their success. Favorite Foods, a customer of Southeast Economic Development Corporation, supported us through the purchase of tax credits.

Peer Circles, LLC is an executive coaching and peer advisory board facilitating agency. Prior to founding Peer Circles, Jesse Stevens owned and operated Pella Windows & Doors of Maine and New Hampshire based in Somersworth. Loans to Pella from SEDC contributed to Jesse’s ability to quadruple the size of the company between 1996 -2006 and to provide solid employment opportunities in the Seacoast. The product offerings of Peer Circles, LLC allow Jesse to share his 38 years of corporate and entrepreneurial experience to empower business owners to achieve their Visions.

The New Hampshire Community Development Finance Authority (CDFA) supports affordable housing and economic development activities that benefit low and moderate income citizens in New Hampshire.  CDFA awarded tax credits to SEDC to raise money with, and a technical assistance grant.  CDFA has also awarded Southeast Economic Development Corporation ten project specific grants which have made a significant contribution to the growth of the SEDC Revolving Loan Fund.  This partnership has supported the formation and retention of thousands of new jobs for low and moderate income New Hampshire residents.

The Business Finance Authority of New Hampshire was created in 1992 to foster economic development and create employment in New Hampshire. The BFA accomplishes these objectives by working with New Hampshire's banking, business, and economic development sectors to develop and implement programs which expand the availability of credit in the state. Southeast Economic Development Corporation works closely with the BFA to obtain credit for larger companies that create or retain jobs in New Hampshire but do not meet banking standards yet.  This partnership has resulted in the creation and retention of thousands of jobs for New Hampshire people.

United States Rural Development supports, among multiple other objectives, the creation and retention of employment opportunities in the rural areas of the United States and New Hampshire, primarily through economic development activities that benefit low and moderate income people. USDA has awarded several RBEG grants to SEDC. These funds supported local businesses that created quality jobs.