About SEDCO

Mission

The mission of the Scarborough Economic Development (SEDCO) is to support economic and business development to improve the quality of life in Scarborough by expanding the town's tax and employment base.

The Corporation

SEDCO is a quasi-municipal non-profit development corporation providing site location, business and economic development, and government liaison services for individuals and businesses seeking to either create a new investment opportunity in Scarborough, or expand an existing one.

Incorporated in 1985 to enhance Scarborough's position to attract part of the new wave of industrial and commercial enterprises location in Southern Maine, the Corporation has become a unique resource as the economic picture hsa changed.

Created as a private non-profit corporation by the Scarborough Town Council and governed by an appointed nine-member Board of Directors, SEDCO continues to expand its range of services to meet the needs of both new ventures as well as of any existing industrial and commerical ventures.

SEDCO's Board of Directors currently includes: Col. Bill Austin (Treasurer); Stu Axelrod (Chair); Roger Beeley (Clerk); Jim Damicis; Stan Gawron; Ron Guertin (Vice Chair); Vince Maniaci; Maureen Van Uden; and Bob Vautin.

SEDCO Staff: Harvey Rosenfeld, President & Executive Director.

Our new office is located at 29 Black Point Road, Scarborough, ME 04074. Our mailing address is P.O. Box 550, Scarborough, ME 04070-0550. Our phone is (207) 883-4893 and our fax is (207) 883-8172.

What SEDCO Does/Offers

SEDCO provides assistance in the following areas:

SITE LOCATION: The Corporation maintains an up-to-date inventory of available space for lease and land/buildings for sale. Often our only contact with companies begins and ends with providing information on space the meets their needs. And, at times SEDCO's involvement goes even further, the Corporation's staff helps evaluate and determine the type and size of space appropriate for a user.

FINANCIAL ASSISTANCE: SEDCO's staff continually updates its resource of financial programs available from federal and state government sources, as well as both non-profit and for-profit institutions. Introductions to appropriate personnel at commercial lenders is available to those new to the area.

DEMOGRAPHIC & OTHER ECONOMIC STUDIES: Often established companies as well as start-ups require detailed demographics and other information to assist in decision making and attracting financing. SEDCO gathers appropriate information for these companies and offers assistance in accessing this information. SEDCO often can use its ever expanding network to assist businesses in developing cooperative ventures with other companies throughout Maine.

PROMOTION OF SCARBOROUGH BUSINESSES: The Corporation maintains up-to-date lists of Scarborough businesses available to those who wish to increase their access and exposure with other Scarborough businesses. Currently over 1,000 businesses are listed in the directory.

LIAISON WITH TOWN OFFICES: Neither being employed by the business developer nor being a Town Department, gives the Corporation a unique position in assisting the Town and the business developer in forming a cooperative approach to permitting and regulatory issues. This often results in a far less bureaucratic approach to doing business with Scarborough. Being able to promote the best interest of all parties without monetary incentives or regulatory responsibilities is unique to Scarborough.

Requirements for Receiving Assistance from SEDCO?

Any business located in Scarborough or considering moving to Scarborough can take advantage of the Scarborough Economic Development Corporation. All it takes is a phone call ((207) 883-4893) or mail or fax a note and our professional staff with get in touch with you to discuss your needs. We urge you to contact SEDCO early in your deliberations. We can be more helpful if we get involved at the beginning. We want your experience in Scarborough to be pleasant, positive and productive. Our goal is to help you avoid problems and grow.

What Does It Cost?

Assistance through SEDCO is absolutely free and all information is strictly confidential. This is as a result of a cooperative effort between SEDCO and the Town of Scarborough.

Additional Services

SEDCO's professional staff can also provide vital information for business decision makers (realtors, bankers, developers, etc.) interested in expanding or locating in Scarborough.

  • Demographics on Scarborough and the Greater Portland Area
  • Current land and building inventory
  • Business and Industrial Directory
  • Economic and business trends
  • Community Development Information
  • Financial Assistance Programs
  • Growth patterns and maps
  • Scarborough Industrial sites and data
  • Traffic studies
  • Grantsmanship information
  • Financial consulting
  • Business development