Where else can you turn $1 into $86 within 1 year?
The Harrisburg Regional Chamber & CREDC would like to express our sincere thanks to our dedicated contributors who helped CREDC make good things happen for the region in 2023. It is only with the support of private investment that CREDC can stand ready to respond to business and industry needs, producing powerful results year after year.
CREDC is happy to report performance results for 2023. $86 of economic impact to our region was produced for every $1 donated the organization. In total, CREDC produced a $35 million impact this past year! Where else can a $1 investment grow to $86 of economic fuel returned to your community?
CREDC is a private, not-for-profit, 501-c-3 organization. Every investment in CREDC counts! We are so very grateful for those who contributed. Check out the list of those companies and business leaders that contributed in 2023.
When you cross their paths, please be sure to thank them for supporting our region’s strong business environment.
Here are a few examples of what our investors helped us accomplish this past year:
- Secured business loan funding commitments for 10 businesses across Cumberland, Dauphin & Perry Counties totaling $136.2 million.
- Secured grants for other nonprofits totaling $1.85 million to improve facilities.
- Led the development of a Comprehensive Economic Development Strategy (CEDS) for the greater 9-county South Central PA region and received the US EDA’s approval of that strategy preserving all entities’ eligibility to pursue certain federal funds.
- Led the creation of 4 task forces made up of economic development professionals across South Central PA to advance the work within the 4 goals and objectives of the CEDS.
- United with SCPaWorks to tackle the cross over point of workforce and economic development on the greater regional basis focused on aligning employers’ and job seekers’ needs.
- In partnership with 7 other counties, secured the largest commitment of State Small Business Credit Initiative dollars amongst Certified Economic Development Organizations in the Commonwealth, which is being loaned primarily to Disadvantaged Business Owners at well below market rates.
