Saginaw Economic Development Corporation (SEDC)

The purpose of the Saginaw Economic Development Corporation is to create permanent, long-term jobs within the City of Saginaw, MI by providing start-up and "gap" financing to qualified businesses for eligible activities. Loans made through the Revolving Loan Fund are intended to help bridge the gap created by shortfalls in commercial financing. Funds are repaid into the program and recycled to other businesses, thus allowing an ongoing job creation program. Funds are available for businesses located in the City of Saginaw.