Scarborough Economic Development

SEDCO provides assistance in the following areas: SITE LOCATION: The Corporation maintains an up-to-date inventory of available space for lease and land/buildings for sale. Often our only contact with companies begins and ends with providing information on space the meets their needs. And, at times SEDCO's involvement goes even further, the Corporation's staff helps evaluate and determine the type and size of space appropriate for a user. FINANCIAL ASSISTANCE: SEDCO's staff continually updates its resource of financial programs available from federal and state government sources, as well as both non-profit and for-profit institutions. Introductions to appropriate personnel at commercial lenders is available to those new to the area. DEMOGRAPHIC & OTHER ECONOMIC STUDIES: Often established companies as well as start-ups require detailed demographics and other information to assist in decision making and attracting financing. SEDCO gathers appropriate information for these companies and offers assistance in accessing this information. SEDCO often can use its ever expanding network to assist businesses in developing cooperative ventures with other companies throughout Maine. PROMOTION OF SCARBOROUGH BUSINESSES: The Corporation maintains up-to-date lists of Scarborough businesses available to those who wish to increase their access and exposure with other Scarborough businesses. Currently over 1,000 businesses are listed in the directory. LIAISON WITH TOWN OFFICES: Neither being employed by the business developer nor being a Town Department, gives the Corporation a unique position in assisting the Town and the business developer in forming a cooperative approach to permitting and regulatory issues. This often results in a far less bureaucratic approach to doing business with Scarborough. Being able to promote the best interest of all parties without monetary incentives or regulatory responsibilities is unique to Scarborough.