Area businesses step up to benefit Skagit County’s economy
Tuesday, August 23, 2016
In response to a new strategic plan and direction, companies represented on the Economic Development Alliance of Skagit County (EDASC) Board of Directors are increasing their annual contributions to boost a coordinated local economic development effort. Fully 100% of the Board-represented businesses increased their Investor commitments, including Heritage Bank, PACCAR, Skagit Publishing, Shell Puget Sound Refinery, Dakota Creek Industries, Peoples Bank, Construction Unlimited, Hotel Services Group, Landed Gentry Homes & Communities, McGregor Benefits, HKP Architects, Sakuma Brothers Farms, and Young International Business Consultants.
Building upon the momentum started earlier this year with a new strategic plan and a name change from “Association” to “Alliance”, EDASC is launching a new Investor membership campaign to fully recognize that the annual support from 400+ business, public agencies, non-profits, and individuals are important “investments” in the future of Skagit County and our economic well-being.
All levels of support are essential to the Alliance and several business have substantially increased their annual Investor memberships to inspire additional community support. Heritage Bank plans to contribute at least $62,500 to EDASC over the next 5 years, and Skagit Publishing has committed to $45,000 through 2020. PACCAR and Skagit Regional Health have increased their support significantly, to $10,000 and $12,500 per year levels respectively. Shell Puget Sound Refinery has committed $70,000 over 5 years that includes a valuable annual sponsorship of the Leadership Skagit program. Dakota Creek Industries and Peoples Bank will come in at the $5,000 level annually and increase from there. Skagit County led the way in increased investment in EDASC’s mission, quadrupling county support for local economic development in 2016. This support funds EDASC’s increased focus on Business Retention & Expansion and Business Recruitment & Marketing programs.
EDASC CEO John Sternlicht expressed that “these investments to enable local economic development will benefit all of Skagit County and recognizes we are stronger together, as an Alliance, to accomplish our shared vision for healthy and prosperous communities. Using the term “Investors” for our supporters exemplifies a stronger stake in our County’s future and a more active role in accomplishing common goals. We look forward to welcoming and working with Investors who support EDASC at all levels.”