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Adirondack Economic
Development Corporation
67 Main Street Suite 200
P.O. Box 747
Saranac Lake, NY 12983-0747
Toll-Free 1-888-243-AEDC
518-891-5523
518-891-9820 fax
info@AEDConline.com

Central Adirondack Office
P.O. Box 1088
Old Forge, NY 13420
Phone/FAX: 369-3128 Cell: 315-369-8240
caed@telenet.net

:"In accordance with Federal Law and U.S. Department of Agriculture policy, this Institution is prohibited from discriminating on the basis of race, color, and national origin, sex, age, or disability. (Not all prohibited bases apply to all programs). To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, or call (800) 795-3272 (voice) or (202) 720-6382 (TDD)."

CONTACT AEDC

AEDC offers a telecommunications device for the deaf. Interested loan applicants can phone the State Relay System at 1-800-662-1220.

 

IN THE NEWS

December 12, 2006
AEDC ANNOUNCES COMPLETION OF NEW STRATEGIC PLAN

SARANAC LAKE – After 30 years of operation, the Board of Directors of the Adirondack Economic Development Corporation decided this year to re-assess AEDC’s role in stimulating economic development in the Adirondack Park and engage in strategic planning to identify the key issues which must be addressed in order to:
* Strategically position the organization among other economic development organizations in the region;
* Meet the needs of businesses, communities and institutions for sustainable economic development, especially in distressed areas; and
* Guide the organization through its next three years of growth.
The strategic planning process included interviews with over 40 community stakeholders, a board retreat, and an analysis of relevant economic, demographic and market share data.

The primary conclusions reached from the planning process was that AEDC: (1) has a role in stimulating and supporting economic development in the region, especially for underserved populations; (2) should focus predominantly on its “core” business – training, technical assistance and microloans for aspiring entrepreneurs; and (3) should also focus on helping to improve the profitability of existing small businesses through specialized technical assistance and loans.

AEDC’s principal mission is “to foster and support the growth of sustainable North Country communities through support for aspiring entrepreneurs and existing small business owners”. AEDC’s mission addresses the fact that communities throughout the Adirondack Park and greater North Country region share common disadvantages for business and community development. These include extreme rural conditions, lack of access to capital the fact that traditional industries such as wood products and mining have diminished in regional economic importance, and extensive state regulations on land use.

On behalf of the AEDC Board of Directors, I would like to thank all those who contributed to this vital process. We share a vision of vibrant and economically and environmentally sustainable communities within the Adirondack Park and greater North Country Region.

Chandler Ralph, Chair
Adirondack Economic Development Corporation

October 19, 2006
AEDC ANNOUNCES NEW BUSINESS RESOURCE ROOM

SARANAC LAKE – The Adirondack Economic Development Corporation (AEDC) is pleased to announce the expansion of its Business Resource Room at the Saranac Lake office with the addition of many products and services for new and expanding businesses.
The room boasts a state of the art computer loaded with business and marketing software, high-speed internet access, and regional relevant business internet links as well as a color laser-jet printer.

The Business Resource Room’s shelves are now host to a library of business reference including the How-To series from Entrepreneur Magazine with titles such as How to Start a Business in New York, How to Start a Retail Store, How to Start a Bed and Breakfast, plus many other titles from this series. In addition, entrepreneurs will find guidelines on small business plans and implementation, new product evaluation and a host of market research information – particularly on the travel and tourism markets.

Those interested in starting a new business are invited to visit with and AEDC business counselor to discuss ideas, and utilize the Business Resource Room’s software and literature to evaluate credibility and to help shape a business plan.

Established business people are welcome as well – to browse through a great collection of literature on customer service, financial analysis, business expansion and marketing

ideas for small budgets. Businesses specifically interested in creating or updating their marketing material may take advantage of one-on-one business counseling for logo development, brochures, letterhead, businesses cards, advertisements and even websites.

As always, AEDC personnel remain available to assist Adirondack regional businesses with start-up and expansion financing, business training and on-going technical assistance for the long-term success of a business.

To talk about visiting the Business Resource Room or to learn about our business programs and assistance, call us at (518) 891-5523 ex 15, email us at info@aedcoline.com, or simply stop by a area tri-lakes chamber of commerce to pick up a current brochure. The AEDC is located at 67 Main Street, Suite 200, in the heart of Saranac Lake.

  Adirondack Economic Development Organization Releases Strategic Plan
           
     

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