In 2001, several community members in partnership with the City of Petersburg created the Economic Development Council and hired its first staff person. A not-for profit, PEDC promotes economic growth in our community and is funded by an annual grant from the Petersburg Borough, and other state and federal sources.
A nine-member Board of Directors composed of representatives of local government and the community at large lead PEDC.
The PEDC mission is to provide steady moderate growth that results in a strong diversified economy compatible with our traditional resources-based lifestyle.
Toward this end, the PEDC works to:
- Encourage growth of our traditional fishing, seafood processing and timber industries;
- Support local businesses in their efforts to grow;
- Diversify the economy in ways that are compatible with out lifestyles and interests by nurturing visitation by independent tourists; telecommunications; recreational opportunities; and the services, businesses, activities and facilities that support retirement and comfortable living for our residents;
- Build upon our strategic location at the geographic center of Southeast Alaska;
- Develop and grow in a manner compatible with both use and enjoyment of our natural surroundings and resources.