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EDCO Ventures is a 501©(3) economic development non-profit developing entrepreneurs, facilitating the creation of innovative companies and creating significant living wage jobs in economically distressed areas.
EDCO Ventures is passionate in its social mission as a Community Development Corporation. EDCO Ventures’ work requires maneuvering between the public and private sector, and our success is founded on job creation, living wages, shared prosperity and mechanisms that alleviate income inequality in our society.
Beyond economic development, the companies created by EDCO Ventures help impoverished regions retain and attract its “talent pool.” We help slow the outflow of individuals that, until now, are forced to seek opportunities in other regions that match their skills and desire for self-expression. Companies we incubate accomplish this by creating jobs in industries such as Green Energy, Web 2.0, Bio Tech and Nano Tech.
Our companies will spawn community heroes that inspire entrepreneurship, education and local investments transforming regions into attractive centers for technology and business commercialization.
EDCO Ventures works with existing private and public institutions in finding and bringing together management teams, risk capital, intellectual property and business concepts.
EDCO Ventures incubates economically and socially-beneficial enterprises in its target regions that are high-growth and high-margin.