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Economic Development & Financing Corporation

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EDFC of Mendocino County Creating and Retaining Jobs in a Tight Economy


Ukiah, CA, April 22, 2011 --(PR.com)-- The Economic Development & Financing Corporation of Mendocino (“EDFC”) is proud to announce that, in the last year, it has brought into Mendocino County $729,440, loaning out $450,000, creating 34 jobs and retaining 95.5 jobs.

EDFC loans leveraged $4,834,893 of private investment and attracted $9,258,000 of other financing which helped purchase and install a gang array saw at a saw mill and helped renovate and open a retreat center and assisted in the opening of a restaurant.

EDFC is also actively involved in bringing broadband to rural Mendocino County and cultivating a culture of entrepreneurship via a business plan competition.

EDFC is a non-profit corporation formed in 1995 through a unique partnership between Mendocino County's four incorporated cities and the county to coordinate and support economic development activity county-wide. EDFC’s mission is “Connecting money and ideas with entrepreneurs to create sustainable prosperity in Mendocino County.”

For more information, please contact
Public Relations
john@edfc.org
631 South Orchard Avenue
Ukiah CA 95482
707.467.5953
www.edfc.org
Follow EDFC on Facebook

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Contact Information
Economic Development & Financing Corporation
John Kuhry
707-684-4084
Contact
www.edfc.org

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