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March 2017
In This Issue
Spotlight on Success!
Trinity Diesel
StartUp Weekend
Economic Development Forum
Economic Development Forum
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From the Executive Director
 
Is it just me, or are we having a lot of rain lately?  Maybe it's my leaky roof at home that made me notice, or maybe our cancelled meeting in Yuba City a couple of weeks back (something about a leaky Oroville Dam).  In Eureka we are 19 inches of precipitation above normal, and even with a peek at Spring the other day, it doesn't look like we'll be getting much of a break soon.  It can start to wear you down.
 
But, even in this dreary (and sometimes trying) weather, AEDC has been enjoying a variety of activity. Our Spotlight on Success was a well-attended and fun event held at the Arcata Theatre Lounge.  We're getting a jump on Lemonade Day (a little summer in a cup); and we are collecting information to use when looking at our housing problems; and preparing our newly independent adults to be successful as they start to make more life decisions, while having a great time in our new workshop series "Adulting 101".
 
So check out the happenings at AEDC below, and don't worry, I will be getting a new roof installed at my house.  As soon as it stops raining...........
                                              -Ross

You Are Invited !  
 
Spotlight on Success

2017 Spotlight on Success was another delightful celebration of small business in our community. 

Find even more pictures here.  

Nice crowd for our 11th annual event.
Past AEDC Board President, Scott Bartlett, shares a laugh with current Board President Walt Geist. Thank you to both of their businesses, Eureka Payments and American AgCredit for sponsoring this event.
Fawn Scheer, Operations and Project Manager at Greenway Partners talks with Ross Welch, AEDC Executive Director.
Christina Swingdler of Christina Anastasia talks with Tara Cooper of Ohana Organics about the joys of running a small business.

* * * 
AEDC was happy to honor the  Humboldt-Del Norte Film Commission at Spotlight on Success for their economic   impact to the area. Did you know that since July 2016,  there have been 13 shoots in Humboldt County, bringing in $746,000 in direct spending from out of the area? That doesn't happen on its own. Thanks Cassandra and Nate!



  * * * 
Thanks again to the  2017 participating businesses, raffle donors and sponsors ! 

Businesses
Beer Kissed * Brandi Easter Photography * Brett Shuler Catering * Brio Breadworks * Cassaro's Catering * Celebrations Tamales and Sauces & Redwood Organics * Christina Anastasia * Coast Central Credit Union * Cypress Grove Chevre * Drakes' Chocolates * Fire & Light Originals * Frankie Baker NY Bagels * Jessicurl * Los Bagels * Mad River Farm * Masaki's Mongolian Grill & Sake Bar * Mike's Southside Barbecue Sauce * Next Gen Eureka * North Coast Regional Manufactures and Recycling Market Developmant and Zone * North Coast Small Business Development Center * Panaderia Ortiz * Redwood Capital Bank * Royal Cookie Capers * SALT * Six Rivers Brewery* Trinidad Bay Cream Cheese/Casa Lindra * US Bank * Umpqua Bank * Wildberries Marketplace

Raffle Donors
Beer Kissed/Six Rivers Brewery * Brio Breadworks * Cassaro's Catering * Christina Anastasia * Drakes' Chocolates * Eureka Car Stereo * Fire and Light Originals * Ace Hardware (Fortuna, Willow Creek and Shafer's)* Humboldt Distillery * Jessicurl * Mad River Jams * ReProp Financial * SALT * Sequoia Park Zoo Foundation * T's Café North * Wildberries Marketplace

Sponsors 
American AgCredit * Arcata Theater Lounge *  Coast Central Credit Union * Eureka Payments *  Forget-Me-Not Photo* Humboldt Area Foundation *
Mad River Union * Redwood Capital Bank * U. S. Bank * Umpqua Bank * Wildberries Marketplace

* * * 
 Workshops


 
 
Local actors and comedians Charlie Heinberg and James Schaeffer, with special guests, will entertain and inform on a variety of topics, from how to live on what you make, to keeping your renter's deposit, to figuring out what to wear to a "business casual" event.

Each Adulting 101 class will have a toolbox of information on the topic.
Participants will direct the discussion based on the information they want to explore so that the classes are meeting their needs.

Plus, there will be food.

Six classes will meet Sundays at Redwood Lounge in Redwood Park

$20 fee for the whole series, or $5 each.

* * * 

Call Susan at 707-798-6132 for more information 
Register at www.aedc1.org/events

 

Classes- Take one. Take them all...

Keep the Change
March 26, 2 p.m to 3:30 p.m.

Topics include:
* Organizing your Finances * Plan for Prosperity * Spending/Savings Basics * Where does your Money Go

To Protect and Swerve
April 2, 2 p.m. to 3:30 p.m

Topics include:
* Car maintenance tips * What does insurance protect? * What are comprehensive and collision coverage? * How do you keep your costs down?
 
Credit vs. You
April 9,  2 p.m. to 3:30 p.m.

Topics include:
* Learn how to monitor your credit score * Understand how to read a credit card statement * Learn what affects your credit score * Why does your credit score matter
 
Housing Heartache
April 16, 2 p.m. to 3:30 p.m.

Topics Include:
* What are property owners looking for on an application?  * How can you get your deposit back?  * Sharing bills with roommates  * Can I ever buy my own house?

Wear it and Work It!
April 23,  2 p.m. to 3:30 p.m.

Topics Include: 
* Learn what industry leaders in Humboldt County say they are looking for in their ideal employees  * Learn to create your own opportunity for growth
* Learn the definition of work dress codes, from business casual to dressy casual to business formal

 Your Money, Your Future
April 30 2 p.m. to 3:30 p.m.

Topics Include:
* What kinds of accounts can be used for saving and investing?  * What circumstances are needed to get different accounts? * What can your bank do for you, besides hold your money?  * Understand the time-value of money


REGISTER: 
www.aedc1.org/events
 
   
HSU Partnership

HSU student works on Housing Inventory for AEDC 
 
Like many Humboldt County residents, Benjamin Stephens came to the North Coast to attend HSU. He arrived as a freshmen in August of 2013 and will earn his degree in  Economics with a minor in Business Administration this spring- one of the rare students completing his program in four years.
 
"This is my last semester at HSU," Stephens said, "I really wanted to get a hands on look at how the community functioned outside of the classroom. I had an interest in the more local level of economics and planning since most of my coursework in the past has been generally macroeconomic and international based."
 
Stephens landed at AEDC through his Rural Sustainable Economic Development course which requires community participation. He is focusing on local housing by compiling a spreadsheet of rentals throughout the area. It will take into account location, size and age of property, to give a better picture of the rental market. 

"When we talk about the cost of rentals, we don't have any real detailed information. Currently, we only have a median cost for all rentals compiled by city. Different agencies are looking for this information to use to paint a more accurate picture of the rental housing market, and how it fits into the cost of living." 
 
Learning for Lemonade Day
Decade of Difference Maker's Fair


Cameron Widdop, AEDC, Lemonade Day Coordinator, helps students create their own lemonade recipe at the Decade of Difference Maker's Event on March 16. Lemonade Day registration will open the first week of April. 

North Coast Regional 
Manufacturer's Directory is online
  • The North Coast Regional Manufacturers' Network and Directory is now available online.  This project connects manufacturing assets with business needs.  The directory includes over 75 local businesses including those from food and beverage manufacturing, building and construction, niche manufacturing (including art, apparel, body care, housewares) and more.  It is constantly growing and evolving.
  • The goals of the directory include:
    • Advance and build the regional manufacturing industry cluster by facilitating the interconnection of capacities of manufacturers.
    • Develop opportunities for more production substituting locally-made for currently imported parts, products and packaging (Near sourcing).
    • Build trust among manufacturers, linking production capacities to bid on contracts to large or diverse for one manufacturer to handle- "flexible manufacturing networks"
    • Connecting innovators and manufacturers to knowledge about waste reduction and reuse and connecting available reusable and recycled materials.
    • Increasing regional production reducing the need for capital investment by shortening the supply chain by both distance and time,
  • The project has been coordinated by Maureen Hart under Redwood Coast Rural Action.  The directory is available here.  Find more information here. Or go directly to the directory here. 
SBA 504 for Commercial Real Estate and More
 
                                                                                                     
SBA Logo   


SBA 504 Current
   
 Rate: 
4.82%
  • Low down payment for borrowers
  • Competitive fixed interest rate
  • Long Term loan
  • From $50,000 to $5 million for commercial real estate, construction and equipment acquisition.
Contact Loan Manager, Kelli Sterling for more information at (707) 798-6132 ext. 214; or [email protected]. 

                                                                                                     
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We are proud of the variety of businesses we've served over the years at AEDC. We would love to include you in our family of success stories. 

 

Visit www.aedc1.org to get more information about AEDC loans, events and programs. 

 

 

Ross Welch
Executive Director
(707) 798-6132 ext. 211