Economic Development

Economic Development Planning

Superior California Economic Development (SCED) is a Joint Powers Authority formed in 1979 for the purpose of providing economic development planning assistance to communities within the four county district of Modoc, Shasta, Siskiyou and Trinity. SCED receives funding assistance for staffing the district economic planning activities from EDA, counties and some cities and the balance of the funding is provided by SCED’s lending activities.

Regional Economic Development Strategy

The first Economic Development Strategy for the four county region was completed in 1969 and has been maintained and periodically updated by SCED. The Comprehensive Economic Development Strategy (CEDS) is updated every five to seven years and reviewed annually.

The CEDS is the product of stakeholder meetings and input from throughout the district pertaining to economic conditions and trends, development of strategies to address and mitigate undesirable economic conditions and trends and to develop strategies for continuation and/or promotion of existing preferred economic conditions and trends.

Several funding agencies rely on this economic planning document for purposes of prioritizing projects and program funding for local economic development projects within the district.

Community Economic Planning

SCED works with community action groups and jurisdictions within the district to plan implementation of strategies and individual projects. This is the localized implementation planning step after the CEDS. This planning often lead to funding and implementation of specific projects or programs.

Business Financing Success Stories

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Julie gives credit to SCED Loan Manager Ryan Richardson for “not just evaluating the numbers, but evaluating me."

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Tsasdi Resort

Lakehead, CA
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“For me, it wouldn’t have been possible without SCED.”

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Action Sports Rentals

Redding, CA
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“I knew SCED was working for my success, not just their own bottom line.”

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LPL Financial

Redding, CA
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“The biggest challenge to obtaining financing was being a new business,” says Juli, “and fighting the assumption that I didn’t know what I was doing.”

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JR Martin and Associates

Redding, CA
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“SCED meets a critical demand for small business.”

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Know Opportunity

Redding, CA
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“A business development loan provided the financial boost for internally redesigning the machine and eliminating the flaw in the process.”

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Sof-Tek Integrators

Redding, CA
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“How are you supposed to be new and succeed if you don’t change anything?!”

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Signarama

Redding, CA
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“SCED didn’t have their own agenda, and they were helpful throughout the entire process. They made it seem so easy.”

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Boundary Waters Screenprinting

Redding, CA
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“An appraisal was done which included improvements, so my loan funded all the remodeling, improvements, new chairs, and computers,” Adelman says.

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Everything Medical

Redding, CA
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“I really wanted to do the right thing for downtown.”

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CPR, Inc.

Redding, CA
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“SCED really is a huge benefit for businesses owners. It’s just an amazing program.”

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Caterpillar Campus

Redding, CA
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“These are specialty-use buildings, so traditional financing… well, banks get a little scared to fund a project like this, even with a lot of collateral.”

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Premier Oil Change

Redding, CA
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“To be honest, we didn’t really do much, SCED did everything.”

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Taylor Made Landscaping

Redding, CA