Our Mission: To provide industry expertise for lending programs offered or created by the Region Five Development Commission.
A goal of NCEDA is to create or retain permanent private sector full-time jobs in the Region. By providing capital for business development and expansion, NCEDA provides an option for commercial businesses unable to obtain adequate, affordable funding from the private capital marketplace.
By providing financial assistance in the Region, NCEDA provides entrepreneurship opportunities for small-business persons, increases manufacturing activity, supports innovative products and processes, and retains one job for every $10,000 of NCEDA funds lent.
The Region Five Development Commission was established in 1973. Area governments came together to establish the Regional Development Commission through the Regional Development Act of 1969.
NCEDA is a 501c3 affiliate organization of R5DC and was established in 1986 by R5DC in part due to the receipt of a U.S. Department of Commerce, Economic Development Administration grant.