CREDC Fundraising Campaign Sets Goal at $2.5 Million

Posted On On: March 29, 2016 Categories Filed Under: Chamber News, Member News

HARRISBURG (March 29, 2016) – Over 700 people gathered last Wednesday evening at the Hershey Lodge and Convention Center as the Harrisburg Regional Chamber & CREDC hosted An Evening with Seth Godin, international marketing guru and author. The organization also launched its 2016 CREDC Fundraising Campaign: Building Our Region’s Future by announcing that over $1.1 million towards the $2.5 million goal has been raised to date. The CREDC Campaign will support regional economic development initiatives for the years 2017 to 2020.

WebpageFX is just one of the many examples of tech startups that began as one or two person ideas in the Chamber & CREDC business incubator in Carlisle, now formally known as the TechCelerator @ Carlisle by CREDC

WebpageFX is just one of the many examples of tech startups that began as one or two person ideas in the Chamber & CREDC business incubator in Carlisle, now formally known as the TechCelerator @ Carlisle by CREDC

Laura Williams of Penn State Dickinson School of Law and Tom Sposito, President of Integrity Bank will lead the effort. Williams was Chair of the Chamber Board of Directors in 2013 and Sposito is a current member of the Chamber Board of Directors. Both have been members of the Harrisburg Regional Chamber & CREDC for many years.

 

The 2017 – 2020 CREDC Campaign funds will help support the following:

 

  • Business lending and grant packaging
  • TechCelerator by CREDC and entrepreneurial development
  • Site Selection Services
  • Live the Live You Want (www.thelifeyouwantpa.com) – a talent attraction and retention initiative
  • Business Diversity Activities
  • South Central Pennsylvania Initiatives
  • Program matching funds

 

Since 2001, CREDC has originated a portfolio of 385 projects that created $445 million in economic impact, as well as 13,400 jobs in the region by collaborating with local businesses and financial institutions.  For every dollar that is invested in CREDC, an average annualized return on investment of $61 has been produced and stays in our region.

Financial support of CREDC is critical to ensure that its work in the community continues. Nearly 50% of CREDC’s budget includes contributions from the private and public sectors.  Since 1984, CREDC has raised funds in four-year cycles to support projects over the next four year period.

 

For more information about the 2017 – 2020 CREDC Campaign, please visit www.HarrisburgRegionalChamber.org/credcpledge.

 

The Capital Region Economic Development Corporation is the economic development arm of the Harrisburg Regional Chamber, and is the leading organization for promoting and performing economic development activities in Cumberland, Dauphin and Perry counties.  The group offers a variety of programs and resources to help attract, retain and expand business in the region. CREDC is a certified lender in Cumberland, Dauphin, and Perry counties.

 

The Harrisburg Regional Chamber & CREDC (Chamber & CREDC) serves as a catalyst for promoting growth and quality of life in Cumberland, Dauphin and Perry Counties by providing a unique blend of business, community and economic development and advocacy services under one roof to boost our economic vitality and livability as a region. The Chamber & CREDC has been accredited with five stars from the United States Chamber of Commerce.

 

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