More about STEDCO

Staff Writer
Stephenville Empire-Tribune

The Stephenville Economic Development Corporation, Inc., or STEDCO, is a privately-funded, non-profit foundation that works to provide land, loans, leased facilities and cash grants to new and existing businesses. The stated goals of STEDCO are:

• the creation of a vibrant, attractive, and sustainable economic environment in which businesses can mature and provide wealth-building opportunities for area residents,

• support for the expansion and retention of existing businesses within the region,

• attracting companies that offer high impact jobs and share the community values

STEDCO is staffed entirely by volunteers and was founded in 1952 by local business owners as the Stephenville Industrial Foundation, later becoming the Stephenville Economic Development Corporation, Inc. in 1993.