CREDC: Nearly $4.5 million secured for new capital campaign

As the Columbia River Economic Development Council (CREDC) celebrates its 30th anniversary, the organization’s ongoing capital campaign continues to receive strong support from the local business community. The new campaign seeks to fund a budget of $1.1 million per year through 2017 – a $300,000 increase over the CREDC’s previous budget (2008-2012).

CREDC: Nearly $4.5 million secured for new capital campaign

Dempcy says the fundraising is going “quite well,” with $4.36 million already committed, including public funding from all Clark County municipalities, the county, the state and all three ports: Vancouver, Camas-Washougal, and Ridgefield.

One of the council’s new goals is for the majority of investment to be from the private sector, a goal already met with $3.25 million already pledged from private sources, according to Dempcy.

“It takes a village, and we need everyone’s time, talent & treasure,” she said. “We want the brain power, the good ideas and the energy of local business owners.”

The fundraising never stops, Dempcy added, with just under $1 million yet to be found.

“There are so many businesses out there who support our vision of insuring family wage jobs, bringing in new business [and] helping existing business expand with resources,” she said. “Our emphasis now on education is moving us into the 21st century, knowledge-based economy. To that end, we’ve added some new work to our plan.”

Dempcy outlined five initiatives to the five-year, $5.5 million dollar plan, coinciding with the county’s economic development plan: business growth, domestic and international business recruitment, entrepreneurship and innovation, land for jobs and infrastructure, and finally, education.