North Central Economic Development Association (NCEDA) is a 501(c)3 affiliate organization of Region Five Development Commission and was established in 1986 by R5DC in part due to the receipt of a U.S. Department of Commerce Economic Development Administration grant that offers gap loans alongside our regional lending institutions.
By providing financial assistance in the region, NCEDA provides entrepreneurship opportunities for small-business persons, supports innovative products and processes, and retains one job for every $10,000 of funds lent.
NCEDA services include:
Business loans (gap, micro & minority)
Well Water and Septic System Loans
Social Crowdfunding assistance
Extensive Business Technical Assistance