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Coastal Economic Development Corporation has Merged with the Regional Economic Development Center!
The Regional Economic Development Center of Southern New Hampshire (REDC) and the Coastal Economic Development Corporation (CEDC) have merged, creating one organization that will provide comprehensive services for the business community throughout Southern NH; all existing CEDC operations, staff, and loan portfolio has been acquired by REDC, and the missions of both organizations has been combined to serve the more than 160 loans under management.
CEDC served businesses in the following New Hampshire communities, which will now be under REDC’s primary lending territory: Portsmouth, New Castle, Newington, Rye, Greenland, North Hampton, Hampton, South Hampton, Hampton Falls, Seabrook, and Kensington. REDC and CEDC have had a long and positive relationship and have partnered in the past to co-finance businesses in both regions.
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