Since 1966, forging collaboration and cultivating funding for the
shared interests of Fulton, Herkimer, Montgomery,
Oneida, Otsego and Schoharie Counties
In New York State, The Mohawk Valley Economic Development District, Inc. (MVEDD) is one of nine economic development districts (EDDs) and one of seventeen revolving loan fund grantees of the United States Department of Commerce Economic Development Administration (EDA), serving the counties of Fulton, Herkimer, Montgomery, Oneida, Otsego and Schoharie.
Established in 1966, MVEDD is a private, not-for-profit corporation formed to fulfill the EDA mission in our region, which is “…to create and retain jobs and to help stimulate industrial and commercial growth in distressed rural and urban communities across the nation.”
We accomplish this by serving as a subordinate lender to small businesses in the district, supporting EDA funding applications of our region's municipalities seeking infrastructure improvement grants, and serving as a source of regional action on projects that minimize the tax burden and maximize collaboration.