Northern Colorado Economic Development Corporation

Last updated
Northern Colorado Economic Development Corporation
AbbreviationNCEDC
FormationJanuary 2001
DissolvedNovember 2015
TypeNonprofit corporation
Registration no.501(c)(6)
PurposeAttracting and supporting primary employers
Location
  • Larimer County, Colorado
23
Formerly called
Fort Collins Economic Development Corporation and the Loveland Economic Development Council

The Northern Colorado Economic Development Corporation (NCEDC) served as a 501(c)(6) nonprofit corporation dedicated to attracting and supporting primary employers in Larimer County, Colorado. The not-for-profit corporation was dissolved in November of 2015. Over the course of its history, NCEDC was successful in attracting and serving a broad range of primary employers in Larimer County, Colorado. A primary employer is a company which derives 50 percent or more of its revenue from products or services sold and consumed outside of the county. . [1] [2]

Contents

The company's mission was to "advance economic vitality through strategic job growth," by attracting businesses that offer highly skilled positions and creating a business environment conducive for innovation and entrepreneurism. This was accomplished by implementing an aggressive business prospect program, developing strong relationships with the existing Northern Colorado business community, and fostering the NCEDC brand.

History

NCEDC was created in January 2001 by the union of the Fort Collins Economic Development Corporation and the Loveland Economic Development Council.

The Board of Directors has 23 members—13 of whom are voting, and 10 are ex officio. The voting members represent a variety of industries in Larimer and Weld Counties. The ex officio represent the communities of Larimer County and the county government itself.

On October 10, 2011, Walter J. Elish began his position as president and CEO of NCEDC. [3] [4]

The organization was dissolved in November, 2015.

Municipalities

NCEDC served eight municipalities in Larimer County:. [5] Berthoud, Estes Park, Fort Collins, Johnstown. Loveland, Timnath. Wellington, and Windsor

Partners

NCEDC partnered with the local communities, Larimer County, the Colorado Office of Economic Development and International Trade, Upstate Colorado Economic Development, Colorado State University, Rocky Mountain Innosphere, the Colorado Association for Manufacturing and Technology, the local industry clusters, and the local real estate community.

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References

  1. ↑ Peters, Kelly (September 12, 2011). "Region works to lure businesses". Coloradoan. Retrieved October 11, 2011.
  2. ↑ Duggan, Kevin (October 16, 2009). "Fort Collins may cut funding of regional economic development group". Fort Collins Coloradoan. Fort Collins, Colorado. Retrieved October 11, 2011. ... some council members are saying they want $30,000 earmarked for the NCEDC cut from the budget because of the corporation's affiliation with the Northern...
  3. ↑ "Walter J. Elish named president and CEO of NCEDC". Northern Colorado Business Report. Ncbr.com. August 19, 2011. Retrieved 2011-10-11.
  4. ↑ [ dead link ]
  5. ↑ "Our Communities". Northern Colorado Economic Development Corporation. Retrieved 2011-10-11.

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